By James Ogunnaike, Abeokuta

Riding on the back of an exceptional track record of the Bank’s performance in 2024, LivingTrust Mortgage Bank Plc has been honoured with the prestigious Development Bank of Nigeria (DBN) Innovation Award in the Other Financial Institution category for the financial year 2024.

DBN is owned by a mix of global development partners namely, The World Bank; The European Investment Bank (EIB); French Development Agency (AFD); The African Development Bank (AfDB) as well as The Federal Government of Nigeria (via the Ministry of Finance) among others.

This prestigious award is an outstanding recognition of LivingTrust Mortgage Bank Plc’s strong capabilities as a financial institution despite the toughest economic conditions and the most intense competition seen in the financial year 2024.

Receiving the DBN Innovation Award in the OFI category signifies that LivingTrust Mortgage Bank has not only excelled in its operations but has also contributed meaningfully to the growth and development of Nigeria’s MSME sector through innovative practices.

It highlights LivingTrust Mortgage Bank’s commitment to fostering entrepreneurship, driving economic growth, and addressing the financing challenges faced by small businesses.

It positions LivingTrust Mortgage Bank Plc as a leader in the financial industry, setting a benchmark for others to follow in the pursuit of innovative solutions for MSME financing.