* Commencement of operations expected in Q4, 2026
Abbey Mortgage Bank Plc, one of Nigeria’s leading and longest-standing primary mortgage banks, has officially received regulatory approval from the Central Bank of Nigeria (CBN) to convert to a commercial bank.
This momentous milestone marks the beginning of a transformative era for the institution, expanding its capacity to deliver comprehensive banking solutions to its growing clientele.
Following years of consistent financial performance, robust risk management, and market leadership in the mortgage sector, this upgrade aligns with Abbey’s strategic vision to democratize access to financial services.
As a commercial entity, the bank will now offer an extensive suite of retail, corporate, and digital banking services, while retaining its deep-seated expertise in real estate financing.
