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Mortgage bank recommits to modern services, holds AGM July 19

By Martin Umunna
15 July 2022   |   3:50 am
The 30th yearly general meeting of Abbey Mortgage Bank is holding next Tuesday in Lagos. The Managing Director, Mobolaji Adewunmi, said: “2021 was a pivotal and a redefining year for Abbey...

Mobolaji Adewumi, Managing Director of Mortgage Bank.

The 30th yearly general meeting of Abbey Mortgage Bank is holding next Tuesday in Lagos. The Managing Director, Mobolaji Adewumi, said: “2021 was a pivotal and a redefining year for Abbey, as we worked strategically to return the institution to the path of sustainable profitability. We believe this is only the tip of the iceberg, as our projected forecast transformation, tech and innovation strategies for the short to midterm is to boost earnings and returns for our shareholders.”

As one of the only seven national Primary Mortgage Banks (PMBs) licensed by the Central Bank of Nigeria (CBN) and Federal Mortgage Bank of Nigeria (FMBN), the financial institution recommits to retail and investment banking solutions, positioning itself as a one-stop-shop for domestic needs.

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