Pan-African credit rating agency, Agusto & Co., has reaffirmed the ‘A3’ rating of Abbey Mortgage Bank with a stable outlook, citing the bank’s low leverage, consistent financial fundamentals, and improved …
BankingBusinessEconomyFinanceNigeria
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MORTGAGE FINANCE
- BankingBusinessEconomyFinanceINVESTMENTNigeria
Abbey Mortgage Bank Records N1.45bn Profit, Grows Earnings by 56% in Nine Months of 2025
Meta Description: Abbey Mortgage Bank Plc has posted a profit after tax of N1.45 billion for the nine months ended September 2025, a 56% increase driven by higher interest income …
- BankingEastern AfricaFinance & ServicesHousingReal EstateUrban Development
Absa Bank Pledges KShs 4 Billion to Support Affordable Housing in Kenya
Absa Bank Kenya has increased its financial commitment to the affordable housing sector with a new pledge of KShs 4 billion to support home loans for individuals. This represents a …
- Finance & ServicesGOVERNMENTLeadershipNigeriaPoliciesReal Estate
AHCN Appoints Chime Obiora as Chairman, Board of Trustees
The Association of Housing Corporations of Nigeria (AHCN) has appointed Chime Obiora as the new Chairman of its Board of Trustees. His appointment follows the death of the former chairman, …
- AfricaAFRICA NEWSBusinessEgyptNewsNorth AfricaNorthern AfricaReal Estate
Egypt’s mortgage finance volume hits EGP 7.3B in H1
The volume of mortgage finance provided by companies in Egypt amounted to around EGP 7.27 billion in the first half (H1) of 2022, this was disclosed in the Financial Regulatory …