Abbey Mortgage Bank Plc has reported an impressive performance for the year 2021. During the year the bank had a rebound in its result, recording a N622 million profit from a loss of N4.3 billion in the previous year. The year 2021 was indeed a positive one for Abbey Mortgage Bank as evident by its…
The Managing Director/CEO of Abbey Mortgage Bank has given an overview of the mortgage bank industry in Nigeria, what inspired the establishment of Abbey Mortgage Bank, and the challenges encountered on the way. Speaking during the Nairametrics’ Business Half Hour, Madu Haman gave a brief background of his journey into the financial industry. “I graduated…
This is particularly a significant event in the history of Abbey a proof of the new management’s commitment to the growth and positioning of the organization. This recapitalization is being undertaken as part of the long-term strategic plan to strengthen the position of Abbey, which will put the Company in a good position to harness…