Abbey Mortgage Bank rebounds, reports N622m profit in 2021

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…

Rights issue opens for rebirth of Abbey Mortgage Bank Plc

The new management of Abbey Mortgage Bank Plc has announced a rights issue to raise N3,692,307,692, which it said shall be used to expand the company’s core business of lending for mortgages, construction finance and SME lending. According to a…

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