The mortgage
bank boss said that the company would continue to be guided by the principles
of sound bank management, governance and compliance to ethics and rules.
Tectono Business Review gathered
the above assertion by Mr. Abdul spoke when he spoke at the Olabisi Onabanjo University, Ago Iwoye,
Ogun State, where his mortgage bank handed over 12 units of two-bedroom terrace
apartments to the management of the institution.
He made it
clear that the contract for the construction of the apartments was executed in
line with the laid down principles of mortgage creation for the university,
adding that the organisation still had other phases to complete thereafter.
In his own
words: “The idea was conceived and delivered primarily
out of the need to provide affordable housing for the various levels of staff
in the university. In this direction, we have been creating mortgages in line
with the standards set by the CBN and the Nigeria Mortgage Refinance Company. We
also stated that we would remain focused on the three-pronged principles of
sound bank management and governance, compliance and risk. We are extremely
happy that the bank has not deviated from this chosen path.”
Mr. Abdul
stated that the operations of Brent Mortgage Bank were guided by the CBN’s
standards. While appreciating the university authorities for the platform, the
Brent Mortgage Bank boss said the organisation was prepared to partner with
governments and organisations to deliver quality and affordable houses to
Nigerians.
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