Firm Wins Mortgage Bank of the Year at Africa Housing Awards

Emmanuel Addeh in Abuja
Citycode Mortgage Bank Limited, has been adjudged the number one mortgage bank at the Africa Housing Awards ceremony, 2021, held at the International Conference Centre in Abuja.

While receiving the award on behalf of the bank, Managing Director, Mr. Ebilate Mac-Yoroki, acknowledged the contributions of other members of the board, management and staff of the bank, which he said culminated in the honour bestowed on the bank.

According to him, the mission and vision of the bank had been set ahead by the team of management and staff of the bank, allowing the two very important goals and driving forces to guide the running of the institution.

He stressed that the bank has seasoned professionals with several years of practical experience in banking, mortgage creations and underwriting, financial management as well as in the capital market.

He explained that the provision of excellent mortgage financial services by nurturing savings culture and supporting affordable houses by leveraging on cutting edge technology, have been the bank’s primary driving forces.

Mac-Yoroki listed some products available to the bank as the National Housing Fund (NHF), Commercial Mortgage Loan, Family Home Funds (FHF) and Federal Mortgage Bank of Nigeria (FMBN) cooperative loan.

“Citycode Mortgage Bank is poised to grant the NHF loans through the FMBN. It is meant for Nigerians who are at least above 18 years of age, have regular sources of income and are contributors to the scheme.

“The scheme requires that you remit 2.5 per cent of your basic salary to FMBN for six months to be eligible to apply for the loan,” he explained.