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Abbey Mortgage Bank to boost housing finance

Abbey Mortgage Bank has pledged its commitment to boost service delivery to Nigerians and be the first choice for a mortgage, housing, finance and investment as it marks 30 years of operation.

The bank in a statement said, given the huge housing deficit, it would continue to expand in order to meet the needs of Nigerians, especially its shareholders.

The Managing Director, Mobolaji Adewumi said, “Abbey Mortgage Bank is now repositioning itself for the next 30 years and would continue to maintain its leadership position in the industry”.

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The bank said it intends to intensify its efforts into building and deploying its internet banking, Mobile Apps and USSD platforms whilst expanding its frontiers into construction finance and financial advisory.

With this, the mortgage banking arm of the business now represents only one vertical in the whole arrangement.

Mobolaji added, “The journey has not been easy but we are entering into a new phase with renewed energy, bigger dreams and even better plans to ensure that our staff, customers and shareholders are happy.

“We are not relenting in our efforts to fulfil our vision of becoming the leading mortgage bank out of Africa, and this can only be done by constantly innovating and adapting new technologies to make the banking process a seamless experience for our customers.

“We have been building dreams for the past 30 years and it can only get better from here,” he noted.

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