Lagos Building Investment Company PLC

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About Company

Lagos Building Investment Company PLC (LBIC) was established as a corporate entity on the 14th February 1980 with the aim of providing Mortgage Finance Facilities to allottees of the various Low- Cost Housing Schemes built by the Lagos State Government (between 1979-1983). With the promulgation of tread morehe Mortgage Institution Act No.53 of 1980, the company became a full-pledged Primary Mortgage Bank (PMB), subsequently; it extended granting of mortgages to the middle- incomes segment.

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