Abbey Bank Plc, wey before now dem dey call Abbey Mortgage Bank Plc, don outline im focus as e dey prepare to fully start commercial banking operations. The bank recently get approval from Central Bank of Nigeria (CBN) to convert to a regional commercial bank, and e plan to begin full commercial banking before the end of this year.
Abbey Bank get more than three decades inside mortgage banking. The bank talk say e go build on that experience, especially for mortgage banking and real estate finance, as strong foundation to broaden im capabilities and pursue new opportunities inside Nigeria financial services sector.
According to the bank, the transition no be just change of licence or name. E be validation of im ambition to expand access to financial services, deepen customer relationships and create more opportunities for individuals, businesses and communities. As e dey prepare, the bank don start to strengthen institutional capabilities, refresh im brand identity, improve digital infrastructure and prepare to serve more customers across retail, business and corporate banking.
Managing Director, Abbey Bank Plc, Mr. Mobolaji Adewumi, talk say the bank priorities na to make banking more accessible, more responsive and more relevant to aspirations of individuals, families and businesses. He talk say the approval to move to commercial banking show the work wey dem invest to build the company and the confidence wey regulators, shareholders, customers and employees get inside am. He call this year a defining moment for the bank history.
As part of commercial banking preparations, Mobolaji Adewumi talk say the bank dey advance technology integration, strengthen operational processes and support customers to move to enhanced core banking platform. He talk say digital banking remain central pillar of the bank strategy to make financial services more accessible, convenient and responsive to customers everyday needs.
The managing director talk say the focus remain on delivering seamless transition, strengthening capabilities and making sure customers continue to experience the trust, service and commitment wey define the bank.
