Corporate Profile
FBNML: OUR BUSINESS
FBN mortgages Limited is a leading Primary Mortgage Bank ("PMB") with
focus on delivering the best mortgage banking services and products that
typify the dominance of its parent– First Bank in the financial services
industry.
As a dedicated provider of a wide range of mortgage and real estate
financing solutions, FBN Mortgages Limited is in a unique position to
help customers make those
critical steps toward seamless homeownership
www.fbnmortgages.com
Our End in Mind
Vision
To be the preferred mortgage solutions provider in Nigeria Mission
To provide superior value to all stakeholders leveraging innovation, technology and our people.
BOARD OF DIRECTORS
BABATUNDE F. ODUNAYO
Chairman
ONI ADENRELE
OUR MANAGEMENT TEAM
ONOTU BOLANLE
Group Head, Business Development South
ONI ADENRELE (MD/CEO)
Managing Director/Chief Executive Officer
BAKARE LUQMAN
Group Head, Business Development North
JEGEDE TEWOGBOYE
Group Head, Corporate Services OLUBAJO OLAYINKA Group Head, Banking Services
Investors/Depositors Target Customers:
• Salary earners
• Self employed professionals
• Self employed non-professionals
• Companies and businesses
• Housewives
• Corporative Societies
Customers
Who will FBNM serve?
Client
Customers: Who will FBNML serve?
BRIEF ON OUR PARENT
First Bank of Nigeria’s Global Footprint
Bank continues to maintain its lead
First Bank Leading the way…
F irst Bank in dustry rank ings 2004-20 14 Profit before Tax Gross earnings
Total loans Total assets
Total deposits
2014 3rd 1st 2nd 1st 1st Results from 2014 indicate that the
2013 3rd 1st 1st 1st 1st across all balance sheet, gross
2012 3rd 1st 1st 1st 1st earnings and profitability
dimensions.
2011 2nd 1st 1st 1st 1st
2010 3rd 1st 1st 1st 1st Generally, the market has
2009 5th 1st 1st 1st 1st witnessed flight to quality, resulting
2008 5th 5th 2nd 5th 6th in financially strong banks gaining
market share 2007 4th 4th 5th 4th 3rd 2006 1st 1st 2nd 3rd 3rd 2005 1st 1st 2nd 2nd 1st 2004 1st 1st 2nd 2nd 2nd www.fbnmortgages.com
First Bank Leadership In The Nigerian Financial Services Industry
FBNML: OUR PRODUCTS
Mortgage refinancing
This enables customers refinance their existing facility held for a minimum of 9 months with other financial institutions for reasons
of better services or preferential pricing. repayment convenience,
Outright Purchase Mortgage
This is a mortgage finance given for acquisition of a completed (ready) property with valid title. The property must be in our approved location. (Lagos & Abuja)
Construction Finance
This mortgage is advanced to customers who wish to build or complete the construction of an existing property. There must be a land with a valid title.
FBNML: OUR SERVICES
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Project Financing
It is designed to provide necessary funding to developers for the development of well conceived real estates projects in the major cities of
designed for Estate Developers (residential), Hospitality /Education, Developers of the country. The product is offices and Developers of shopping Malls/Markets. The product is to finance the development of houses, markets/shopping centers, offices, schools and hotels. The tenor of the facility for Estate Developers shall not exceed 24 months, plus 6 months to wrap up partnership.
NHF (National Housing Fund) Loan
As a Primary Mortgage Bank accredited by both the Central Bank of Nigeria and the Federal Mortgage Bank of Nigeria to access NHF on behalf of contributors, this product enables qualified customers to access the Fund. The benefits of this product include long tenor of up to 30 years and low interest rate of 6% per annum.
EquityRelease Mortgage
This product allows customers to obtain cash to spend as derived from value of their existing property. We avail customers a loan value of up to 50% of forced sale value subject to a max ceiling of N50 million. The purpose for the loan is at the discretion of the borrower.
Real Estate Investment Banking
FBN Mortgages Limited also provides robust real estate advisory services, thereby adding value to individuals and organizations all through the various development stages.
Short Term Loan
This is a Term loan that permits customers to utilize funds for their urgent real estate investments needs or other pressing business needs. The advantage of this loan is the near seamless process time, documentation and requirements. It is also suitable for categories of customers who are more interested in short tenured facility types.
OUR DIASPORA PRODUCTS
Property Acquisition Savings Account
This is a special savings account for Nigerians living abroad who desire to
gradually save towards property acquisition. It is designed to assist
Nigerians in Diaspora save towards a stress-free acquisition of residential
Property Acquisition Cheque Account
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This is a special Cheque account for Resident Nigerians living abroad who desire to gradually save towards property construction for either residential or commercial purposes. It is designed to ensure that Nigerians in Diaspora enjoy a stress-free execution of projects at home.
HBH Construction Finance
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This product aims to provide mortgage facilities to Nigerians living abroad for the construction of residential / commercial properties in Nigeria.
HBH Land Acquisition Loan
This product aims at assisting Nigerians living abroad have access to mortgage facilities for Land acquisition in highbrow areas of Nigeria. This product may also lead
SHOWCASING OUR WORK (SOME OF OUR DEVELOPMENTS)
Mekunwen- A development of luxury houses on
Mekunwen Road, Ikoyi.
A development of two towers luxury
apartments on Gerrard Road, Ikoyi.
SHOWCASING OUR WORK (SOME OF OUR DEVELOPMENTS) CONT’D…
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Our Contact:
76 Awolowo Road, SW Ikoyi
Lagos
OUR CONTACTS E: [email protected]
Bolanle: +234 817 201 4432
Yomi: +234 807 842 2531
Gbemi: +234 701 776 3038
Dimeji:
+234 806 940 2201
Chikodi: +234 803 251 4447
Contact Us
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