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Abbey Mortgage Bank, a leading institution in the Nigerian mortgage industry, announced launch of its innovative product for women called WIRE: (Women in Real Estate). With this new commitment towards gender inclusion the bank strives to empower its female clients, by financing construction projects owned or managed by women.
The theme of the launch event, “Financing Women to Thrive in the Real Estate Industry,” perfectly captured their vision of this innovative initiative. This event showcased the bank’s dedication to fostering gender diversity and inclusivity within the real estate sector. The esteemed panelists, representing diverse expertise, included Tosin Ajose, a prominent business lawyer at DealHQ Partners; Barr. (Mrs.) Eunice Obasohan, the MD/CEO of Lily Homes Limited; Esv. Olabisi Omotayo Demola-Alade, former chairman of the Nigerian Institution of Estate Surveyors and Valuers; Mrs. Tokunbo Sherifat Sule-Owuda, a reputable Architect and owner of Walsher DB Ltd; and Abbey’s very own Lolita Ejiofor, General Manager, Group Head of IT & Operations, who played a pivotal role in bringing WIRE to fruition.
Lolita Ejiofor shared her insights during the event, stating, “At Abbey Mortgage Bank, we believe that economic empowerment knows no gender bounds. WIRE is not just a financial service; it’s a platform for women to overcome obstacles and redefine the real estate landscape. We are paving the way for women to excel, lead, and create a lasting impact not just in Nigeria, but across Africa.”
The product launch event which was live-streamed, reached aspiring female entrepreneurs from various parts of the country. The overwhelming response and engagement from women who participated in the virtual launch were a testament to the dire need for such a financial product in the real estate industry.
WIRE: Women in Real Estate is designed to provide tailored finance (including construction finance) that cater to the unique needs and challenges faced by women-owned real estate and construction businesses. Whether it’s startup capital, project financing, or growth funds, Abbey Mortgage Bank is committed to supporting women as they enter the real estate industry or take their ventures to new heights.
Abbey Mortgage Bank remains dedicated to advancing gender equality in the real estate sector and firmly believes that WIRE will play a pivotal role in transforming the landscape of financing and growth opportunities for women in the industry.