The Infrastructure Bank Plc, formerly known as the Urban Development Bank of Nigeria Plc, was established in 1992 under Decree No. 51 of the 1992 Constitution of the Federal Republic of Nigeria to foster the rapid development of infrastructure across Nigeria.
The Bank is focused on sustainable infrastructure development through the mobilization of private sector funding for infrastructure projects.
Owing to a Combined Government stake of 20.44% in the company, TIB has enjoyed a mutually beneficial relationship the various spheres of Government, and Government Ministries Departments and Agencies (MDAs) towards infrastructure development. In addition, the Bank has similar relationships with Multilateral DFIs, Deposit Money Banks (DMBs), Regulatory Agencies and other Stakeholders.
The Bank provides its portfolio of financial solutions for the development of a diverse array of infrastructure projects.