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 industry. its parent First Bank in the financial services 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 and estate development.
Our End in Mind Mission To provide superior value to all stakeholders leveraging innovation, technology and our people. Vision To be the preferred mortgage solutions provider in Nigeria
BOARD OF DIRECTORS ONI ADENRELE MD/CEO ABDULLAHI M. IBRAHIM Director BABATUNDE F. ODUNAYO Chairman OLATUNBOSUN ASHIRU Director TITILAYOMI AHMADU Director OLUFUNMILAYO ROBERTS Director UMARU KWAIRANGA Director
OUR MANAGEMENT TEAM ONOTU BOLANLE Group Head, Business Development South BAKARE LUQMAN Group Head, Business Development North ONI ADENRELE (MD/CEO) Managing Director/Chief Executive Officer JEGEDE TEWOGBOYE Group Head, Corporate Services OLUBAJO OLAYINKA Group Head, Banking Services
Customers: Who will FBNML serve? Customers Who will FBNM serve? Investors/Depositors Target Customers: Salary earners Self employed professionals Self employed non-professionals Companies and businesses Housewives Corporative Societies Client
BRIEF ON OUR PARENT www.firstbanknigeria.com
First Bank of Nigeria s Global Footprint We are transforming from a local bank to become a Leading Global
First Bank Leading the way F irst Bank in First Bank Leadership In The Nigerian Financial Services Industry dustry rank Profit before Tax ings 2004-20 Gross earnings 14 Total loans Total assets Total deposits 2014 3rd 1st 2nd 1st 1st Results from 2014 indicate that the Bank continues to maintain its lead 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
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 repayment convenience, of better services or preferential pricing. 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. 30
FBNML: OUR SERVICES 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 the country. The product is designed for Estate Developers (residential), Hospitality /Education, Developers of 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. 31
FBNML: OUR SERVICES 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 and commercial properties at home.
Property Acquisition Cheque Account 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. 15
HBH Mortgage Finance This product aims at assisting Nigerians living abroad to access mortgage facilities for the purchase of residential and commercial properties in Nigeria. 16
HBH Construction Finance This product aims to provide mortgage facilities to Nigerians living abroad for the construction of residential / commercial properties in Nigeria. 17
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 to the creation of other loans for construction 18
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 Marion Court is a development of fully serviced 24 apartments with ancillary facilities and ample parking.
SOME OF OUR PROJECTS
SHOWCASING OUR WORK...
OUR PRODUCTS
OUR PRODUCTS... CONTD...
OUR PRODUCTS... CONTD... - - 39
OUR PRODUCTS...
Our Contact: 76 Awolowo Road, SW Ikoyi Lagos
OUR CONTACTS Contact Us 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 E: hbh@fbnmortgages.com W: T: +234 1 4615864
4