Homeownership and housing deficit in Nigeria, a long-standing struggle for the average worker, the mortgage banking industry, flourished in the early 90s.
With the knowledge and influence of the UK mortgage market, we saw how easy it was for people on a steady income to apply for mortgages. This observation brought about the conceptualization of the bank in 1992 – that we now all know as Abbey Mortgage Bank.
- 1993 and beyond
Abbey is a strong brand in the Nigerian mortgage sector, not just offering mortgage services but also retail & investment banking services, to serve as a one-stop-shop for all domestic banking needs. Award-winning; “Best Mortgage Bank in Nigeria” Abbey Mortgage Bank has ten branches nationwide, with the head office in Victoria Island Lagos.
Abbey invests in vulnerable children through its school adoption and financing initiatives and the MD/CEO’s role as matron of the Down Syndrome Foundation Nigeria.
Our objective of being more significant in the mortgage sector resulted in Abbey Mortgage Bank forming a strategic partnership with VFD Group, a formidable team of innovators and energetic trailblazers who support our goal of providing bespoke banking products and services to suit the needs of our customers through cutting-edge technology. To mark the momentous alliance, Abbey was invited by the Nigerian Stock Exchange to ring the closing bell on February 25th, 2020.
- The Next 10 Years:
Over the next decade and beyond, Abbey will continue with a new modern & technologically efficient vision and outlook, continually adopting the best standards, processes and practices to deliver truly innovative products, services and solutions that simplify mortgage, housing & finance, making it truly accessible for all.