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 Secures $200 million in funding from the U.S. International Development Finance Corporation for Affordable Mortgage Financing as part of a $228 million Blended Financing Transaction Arranged by MiDA Advisors and Stanbic IBTC Capital, a member of Standard Bank Group.
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September 26, 2024
