ABBEY MORTGAGE BANK PLC Company Profile

ABBEY MORTGAGE BANK PLC

Abbey Mortgage Bank Plc is the premier, largest, and most profitable, non-aligned Primary Mortgage Bank in Nigeria.

Abbey is one of the seven national Primary Mortgage Banks (PMB) licensed by the Central Bank of Nigeria and Federal Mortgage Bank of Nigeria (FMBN). The recent recapitalization exercise saw the downsize from 105 mortgage banks to only 34 now survive. We not only emerged successfully capitalized but one of the few that also met our National obligation as well as amongst the public liability companies.

Abbey Mortgage Bank Plc is a Primary Mortgage Bank which operates under the supervision of the Central Bank of Nigeria. Our business is providing banking services in personal savings and investments, cash management, specialized banking, deposit and funds management, children and school account services, real estate and mortgage services, amongst others.

We are also an accredited Primary Mortgage Bank (PMB) for the National Housing Fund (NHF) and a subscriber to the recently created Nigerian Mortgage Refinance Company Plc (NMRC).

Our services include the following:

• Retail banking (corporate and individual)
• Wholesale banking (corporate and individual)
• Mortgage banking
• Lending and Mortgages (Retail and wholesale)
• Electronic banking

Our Business

Our Business is to provide one of the basic needs of man – Shelter – the dream of every Nigerian. At Abbey Mortgage Bank Plc, we are passionately involved in making this dream a reality.

Services

ABBEY is engaged in loans, mortgages, and banking services to corporate and individual customers. Specifically, ABBEY provides services such as:

Conventional savings, current and other retail banking services;

• Deposit and funds management;

• Personal loans;

• Real estate and mortgage services;

• Children and school account services;

• Syndicated project development and financing; and

• Collaborative business ventures that bring convenience to our stakeholders