Company Information

Get to know LAGOS BUILDING INVESTMENT COMPANY PLC

Established in 1980 by the Lagos State Government, the Lagos Building Investment Company (LBIC) Plc was created to provide mortgage finance facilities for the development and purchase of residential and commercial properties. As a Primary Mortgage Bank (PMB), its core mission is to facilitate homeownership and contribute to the housing delivery system, primarily within Lagos State. The company offers a range of services including mortgage loans, real estate development financing, and savings products tailored to help individuals and corporate bodies achieve their property ownership goals.

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Financial BankingPRIMARY
Financial Other Service

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LAGOS BUILDING INVESTMENT COMPANY PLC

Nigeria

Founded in

1980 (46 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.