Abbey Mortgage Bank to Raise N100bn Fresh Capital

Abbey Mortgage Bank to Raise N100bn Fresh Capital

Abbey Mortgage Bank has unveiled plans to raise ₦100 billion in fresh capital as part of its strategic transformation from a primary mortgage bank to a regional commercial bank. This move comes in response to the Central Bank of Nigeria’s (CBN) revised regulatory framework, which sets higher capital requirements for banks wishing to expand [...]

Abbey Mortgage Bank to raise N100bn fresh capital

Abbey Mortgage Bank Plc has announced plans to raise N100bn in fresh capital as part of its strategy to meet regulatory requirements and strengthen its balance sheet. The move was disclosed in a notic...