The Bank (Mayfresh Mortgage Bank Ltd) was incorporated on October 22, 1993 and licensed to commence Mortgage Banking by the Federal Ministry of Works and Housing on April 27, 1995. The PMI has its Registered Head office at  83 Aba-Owerri Road, Umungasi, Aba, Abia State with offices in  20 locations across the country including,   Aba, Lagos, Abuja, Umuahia,Abakiliki and Enugu.

The PMI has an Authorized Share Capital of N5 Billion, Paid-Up Capital of N3.64 billion and Shareholders’ Funds of N6.62 billion as at December 31, 2016. the total Assets stood at N9.92 billion for the same reporting period.