Governor Ademola Adeleke of Osun State has urged the management of LivingTrust Mortgage Bank Plc to establish more branches in the state to deepen financial inclusion.
The governor made the request at a meeting with the management of the bank, led by its Chairman, Adebayo Jimoh, and Managing Director, Adekunle Adewole, in Osogbo, recently.
Governor Adeleke lauded the bank for establishing branches in two unbanked communities in the state.
He observed that establishing more branches would further complement the state government’s efforts to stimulate economic activities and development amongst the rural population.
The governor commended the bank’s growth, especially since it became privatized.
“I must commend the bank’s management for the rapid growth the bank has recorded, especially since it was privatised. I must equally commend you for establishing branches in two rural communities.
“I want to encourage you to establish more branches in the state to further boost financial inclusion and to support our administration’s MSME empowerment programme,” the governor stated.
LivingTrust Mortgage Bank Plc has been listed on the Nigerian Stock Exchange since December 2013.
The main activity of LivingTrust Mortgage Bank Plc is providing mortgage financing and real estate construction finance, along with other banking services.
The bank’s chairman thanked the state government for its support.
He also informed the governor of the bank’s future strategic direction and solicited the state government’s support as an important stakeholder.
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