Infinity MfB expands loan portfolio 58%

Infinity Microfinance Bank Limited has reported a major expansion in its lending operations, growing its overall loan portfolio 58 per cent to reach N6.1bn for the 2025 financial year, up from N3.89bn recorded in 2024.

The announcement was made by the Chairman of the bank, Mrs Clara Oloniniyi, during the institution’s 19th Annual General Meeting held in Lagos.

Addressing shareholders, Oloniniyi detailed the bank’s active credit creation throughout the year, revealing that total loan disbursements reached N12.88bn, marking a 64 per cent year-on-year increase compared to the N7.87bn disbursed during the 2024 financial year.

The significant surge in lending activity translated into strong bottom-line growth, with Infinity MfB reporting a 90.5 per cent jump in Profit After Tax, which rose to N634.15m in 2025 from N332.8m in the previous year.

“Growth in profit is an outstanding performance driven by growth in interest, expansion of its earnings assets, improved operational efficiency, and enhanced digital transactions revenue streams,” Oloniniyi stated.

Despite prevailing macroeconomic headwinds, the board attributed the gains to optimized operational costs, expanded interest income, and increased uptake of its digital and point-of-sale transactional services.

The bank’s liability generation also showed momentum, with customer deposits growing 82.8 per cent from N1.8bn in 2024 to N3.37bn in 2025.

“Customer confidence in Infinity MfB strengthened further in 2025 as our deposit base expanded, supported by innovative savings products, improved customer engagement, and expanding point of sale deposit mobilisation,” Oloniniyi noted in her address.

“Our customer deposit grew robustly from N1.8bn in 2024 to N3.37bn in 2025, about an 82.8 per cent increase. The growth underscores the increasing trust and confidence reposed in the bank by our customers,” she added.

Following the financial performance, shareholders at the AGM approved a recommended dividend payout of 7.5 kobo for every 50 kobo ordinary share.

Closing her report, the chairman reassured investors of the institution’s focus on sustainable returns and institutional resilience, noting, “The board remains committed to delivering sustainable value to shareholders. The remarkable growth in 2025 is a testament to patience, confidence, and unwavering support.”