A statement by the Managing Director, Adekunle Adewole, said the development was further to the appointment of LivingTrust as a partner bank for the development of the MSME sector by DBN in November last year.
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Oyetola gave the commendation when the bank’s Executive Director, Public Sector and Home Business, Olaitan Aworonke, paid him a courtesy visit at the State House in Osogbo on Sunday.
Since the bank, originally known as Omoluabi Mortgage Bank Plc, was taken over by leading pan-African financial services provider, Cititrust Holdings Plc, in May last year, it has recorded tremendous achievements, which has not only won it several recognitions, but also catapulted it to the ranks of foremost mortgage lenders in the country, with guaranteed superior returns for investors. An immediate proof of the latter point was the growth in the bank’s profit by an unprecedented 2,039 per cent in the third quarter of 2020 compared with the corresponding period in 2019.