While celebrating its 30 years of being in the Nigerian market, the bank plans to tap new technologies to meet citizens’ housing needs.
According to a statement by the Managing Director, Mobolaji Adewumi, “Abbey Mortgage Bank is now repositioning itself for the next 30 years.”
Under the new management led by Mobolaji Adewumi, Abbey Mortgage Bank intends to maintain its leadership position using internet banking, mobile app and USSD platforms while expanding 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. This, according to the bank, meant that Abbey Mortgage Bank had been repositioned for growth and would be creating more value for shareholders.
From a modest beginning in 1992, Abbey Mortgage Bank has traversed a journey of delivering quality financial services to its customers and helping them build and achieve their dreams, the bank further said.
Mobolaji stated that the journey had not been easy but the bank was “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.”
