Tag Archives: Mortgage Bank

The Akwa Ibom State Governor, Mr Udom Emmanuel has assured that he is committed to the full resuscitation and recapitalization of state owned mortgage bank, Akwa Savings and Loans Limited. Emmanuel who made the assertion at the commissioning of the new headquarters of Akwa Savings and Loans limited in Uyo on Friday said he had directed his hon commissioner for ...

Following plans to introduce a public private partnership scheme that seeks to increase access to housing finance, the Central Bank of Nigeria (CBN) has selected 34 primary mortgage banks and 4 commercial banks to stimulate housing finance for low-income earners in the formal and informal sectors. The banks will join nine other micro finance banks in the ‘My Own Home’ scheme, ...

Resort Savings and Loans Plc, a leading mortgage bank is collaborating with estate developer to build 500 housing units before the end of the second quarter of 2016 The alliance according to the bank would enable it provide mortgage finance to off takers interested in the housing estate which are for the middle class. With this move, the bank noted ...

A leading mortgage bank, Resort Savings and Loans, says it is troubled by the lack of off-takers in the country’s property market. The Managing Director, Resort Savings and Loans, Mr. Abimbola Olayinka, said at the bank’s 8th Annual General Meeting that the mortgage sector had been operating in a very challenging time, adding that the company presented many houses into ...

Just Shelter & Allied Products Limited has developed 14 blocks with six three-bedroom flats in each block at David’s Court Estate Arepo, Ogun State. In an effort to meet the housing needs of Nigerians through mortgage creation, Resort Savings and Loans Plc., a mortgage bank with headquarters in Lagos begins a business collaboration with Just Shelter & Allied Products Limited ...

In a bid to provide housing for the informal sector, the Federal Housing Authority (FHA) last week entered into a partnership with traders in Abuja for the delivering of 5,000 housing units in the Federal Capital Territory (FCT). Under the scheme with the National Association of Nigerian Traders, the first phase will start in the site for the proposed FHA ...