AMEX Savings & Loans Limited is a privately owned Limited liability company incorporated on the 22nd of January 1993 under mortgage institution Decree No. 53 of 1989 to provide mortgage finance services, build estates, fund estate developers and estate development, supports investors in housing schemes at federal, state and local government levels, and purchase houses and estate for resale to corporate and private customers within and outside Nigeria.

The company had commenced operations in 1994 and suspended operations in 2000, due to unfavorable macro economic environment of business. With a shareholders fund and paid up capital of N100million, the company is set to re- commence operations in the emerging mortgage industry in Nigeria.

The Bank plans to be actively involved in the National Housing Funds (NHF) and the Developer Finance scheme of the FMBN, access international development funds such as the USAID grants and OPIC loans and partner with international / other local banks to deliver 1,000 housing units in the first three years of operation.