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PLATINUM SAVINGS & LOANS LIMITED

Platinum Savings & Loans Limited, trading as Platinum Mortgage Bank Ltd, is a Nigerian primary mortgage institution providing savings, loans and home-ownership services.

Last updated September 27, 2026

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Overview

Platinum Savings & Loans Limited, which operates under the name Platinum Mortgage Bank Ltd (PMBL), is a Nigerian primary mortgage institution. According to its official website, it was incorporated in 1992 with the Corporate Affairs Commission to provide savings, loans and home-ownership services. It is licensed by the Central Bank of Nigeria and the Federal Mortgage Bank of Nigeria under the CBN Decree 24 of 1991 and FMBN Decree No. 53 of 1989 respectively to provide mortgage banking services in Nigeria. The company describes itself as one of Nigeria's leading primary mortgage institutions. The institution was formerly known as Platinum Home Investment and Mortgage Limited, and its headquarters are in Lagos, Nigeria. Its core business covers mortgage banking services, including savings products, loan facilities and support for home ownership. As a primary mortgage institution, it operates within Nigeria's regulated mortgage finance sector, serving individuals and households seeking housing finance. Platinum Savings & Loans Limited is not known to be listed on a public stock exchange, and no parent company or ownership group is identified in the available evidence. Its operations are focused on the Nigerian market, where it is licensed and regulated by the Central Bank of Nigeria and the Federal Mortgage Bank of Nigeria.

History

Platinum Savings & Loans Limited was incorporated in 1992 with the Corporate Affairs Commission of Nigeria to provide savings, loans and home-ownership services. It was licensed by the Central Bank of Nigeria and the Federal Mortgage Bank of Nigeria under the CBN Decree 24 of 1991 and FMBN Decree No. 53 of 1989 respectively to provide mortgage banking services in Nigeria. The institution was formerly called Platinum Home Investment and Mortgage Limited and has its headquarters in Lagos. It operates as a primary mortgage institution under the name Platinum Mortgage Bank Ltd, focusing on mortgage banking services within the Nigerian market.

  • 1992

    Incorporated with the Corporate Affairs Commission to provide savings, loans and home ownership services.

Products and positioning

One of Nigeria's leading primary mortgage institutions, focused on savings, loans and home ownership.

  • Savings products

  • Mortgage loans

  • Home ownership services

Sources2 sources

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