Abbey Mortgage Bank repositions for growth - News at its peak

News at its peak

....Information Carrier online magazine is a platform to disseminate breaking stories as well the mouthpiece globally.

Access Bank

Access Bank
Access Bank

Post Top Ad

Responsive Ads Here

Abbey Mortgage Bank repositions for growth

Share This

Abbey Mortgage Bank is repositioned for growth with the recently concluded right issue exercise which will increase the capital of the bank by circa N3billion. The success of the right issue is an indication of the confidence that the shareholders have in the management and the strategic intention of the bank.

In the last few months, the bank grew it’s deposit liability to N14billion from N6billion in 2020 through aggressive sales drive and increased brand visibility. In order to attain the next phase of growth, the management has identified key areas to drive revenue which includes mortgage/construction finance, treasury related activities and aggressive customer acquisition through the launch of its digital channels.

No comments:

Post a Comment