BUSINESS

Abbey Mortgage Bank’s 32nd Annual General Meeting Holds May 30

<h4>Abbey Mortgage<&sol;h4>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a><&sol;strong> reports that Abbey Mortgage Bank&comma; a renowned financial institution celebrated for its dedication to excellence and customer satisfaction&comma; is excited to announce its 32nd Annual General Meeting &lpar;AGM&rpar; scheduled for May 30th&comma; 2024&period;<&sol;p>&NewLine;<p>This year&&num;8217&semi;s AGM&comma; themed &&num;8216&semi;Agile Tenacity&comma;&&num;8217&semi; will highlight the Bank&&num;8217&semi;s financial achievements in 2023&comma; outline strategic goals&comma; and engage with valued shareholders&period;<&sol;p>&NewLine;<p>The virtual event will commence at 11 AM from the Head Office at 23&comma; Karimu Kotun Street&comma; Victoria Island&comma; Lagos&period; Shareholders and the public can tune in online to watch the board and executive management review the bank&&num;8217&semi;s milestones&period;<&sol;p>&NewLine;<p>Despite facing economic challenges both domestically and internationally&comma; Abbey Mortgage Bank maintained its strong profit trajectory&comma; achieving record revenue for the fourth consecutive year in 2023&period;<&sol;p>&NewLine;<p>The Bank reported a pre-tax profit of N951 million&comma; up from N827 million in 2022&period;<&sol;p>&NewLine;<p>In addition to presenting financial reports&comma; the AGM will feature in-depth discussions on the Bank&&num;8217&semi;s advancements in technology&comma; customer-focused initiatives&comma; and sustainable banking practices&period;<&sol;p>&NewLine;<p>Abbey Mortgage Bank&&num;8217&semi;s commitment to excellence was recognized with several prestigious awards in 2023&comma; including &&num;8220&semi;<em><strong>Best Mortgage Bank&comma;&&num;8221&semi; &&num;8220&semi;Best Customer-Centric Bank&comma;&&num;8221&semi; and &&num;8220&semi;Best Mortgage Bank Brand&period;&&num;8221&semi;<&sol;strong><&sol;em><&sol;p>&NewLine;<p>Abbey Mortgage Bank remains at the forefront of industry trends and adapts to the evolving customer needs by leveraging digital advancements to improve operational efficiency&period;<&sol;p>&NewLine;<p>The Bank introduced WIRE&comma; a product tailored to support female developers in Nigeria&comma; effectively addressing a crucial market gap&period;<&sol;p>&NewLine;<p>Additionally&comma; Abbey is poised to launch an enhanced version of their mobile banking app&comma; AbbeyMobile 2&period;0&comma; in the coming week&period;<&sol;p>&NewLine;<p>Reflecting on the Bank&&num;8217&semi;s 2023 performance&comma; Mr&period; Mobolaji Adewumi&comma; MD&sol;CEO of Abbey Mortgage Bank&comma; stated&colon;<&sol;p>&NewLine;<p>&&num;8220&semi;<em><strong>The bank&&num;8217&semi;s performance in 2023 stands as a testament to resilience and excellence amidst the economic challenges plaguing our nation&period; <&sol;strong><&sol;em><&sol;p>&NewLine;<p><em><strong>&&num;8220&semi;We have persisted in our remarkable journey of transformation&comma; propelling our bank to the forefront of Mortgage Banking in Africa&period; <&sol;strong><&sol;em><&sol;p>&NewLine;<p><em><strong>&&num;8220&semi;This achievement fills me with immense pride&period;&&num;8221&semi;<&sol;strong><&sol;em><&sol;p>&NewLine;<p>The Bank encourages shareholders to save the date and participate in the 32nd Annual General Meeting on May 30th&comma; 2024&period;<&sol;p>&NewLine;<p>The streaming link will be available at www&period;abbeymortgagebank&period;com&sol;Agm<&sol;p>&NewLine;

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