SunTrust Mortgage Bank, one of Nigeria Mortgage Refinance Company’s (NMRC) partner mortgage bank is now the latest entrant to commercial banking in Nigeria. With its new status as a full-fledged commercial bank, SunTrust Bank Nigeria Limited officially threw open its doors to the public at an impressive event at the bank’s Oladele Olashore, Victoria Island headquarters. The epoch-making event had in attendance, two royal fathers, Oba Rilwanu Akiolu, Oba of Lagos and Igwe Nnayelugo Alfred Nnaemeka Achebe, Obi of Onitsha, Prof. Charles Inyangete, MD/CEO, NMRC, captains of Industry, seasoned bankers, financial gurus and members of the public.
NMRC Champions Housing For Nigerians At SunTrust Bank Launch
- Published On
- August 17, 2016
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Note to the Editor
The Nigeria Mortgage Refinance Company (NMRC) is a leading institution dedicated to improving housing finance accessibility in Nigeria. Established in 2015, NMRC provides long-term liquidity to mortgage lenders, enabling them to offer more affordable home loans.
By leveraging capital market funding, NMRC has successfully refinanced mortgage loans across multiple lending institutions, reducing borrowing costs for homeowners. In addition, NMRC advocates for key reforms such as the Model Mortgage & Foreclosure Law (MMFL), ensuring a more efficient and transparent housing finance system.
Through mortgage refinancing, NMRC remains committed to its mission of bridging Nigeria’s housing deficit and making homeownership a reality for millions of Nigerians.
For more information, visit nmrc.com.ng.
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