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Overview

FBN Mortgages Limited (FBNML) is a wholly owned mortgage banking subsidiary of First Bank of Nigeria Plc  the leading diversified financial services group in Nigeria with total assets of over N614 Billion (about USD 5 Billion),excluding contigents, revenues in excess of N67 billion (USD515 million) and a network of about 400 branches in 2006 and eight subsidiary companies.

FBN Mortgages Limited was licensed by the Central Bank of Nigeria as a Primary Mortgage Institution (PMI) on March 2004 and commenced business in May of the same year


 

 

 

   


>> Deposit Interest Rate Guides 
January 01 - 31, 2007 

Type Of Deposit 

 (000)

1M - 5M

(000)

5M - 10M

(000)

10M - 50M

 (000)

50M & Above

Saving Account  6.00% 6.00% 6.00% 6.00%
30 Day (Term) 7.50-8.50% 8.50-9.00% 9.00-9.50% 9.50-10.00%
60 Day (Term)  9.00-9.50%   9.50-10.00% 10.00-10.50% 10.50-11.00%
90 Day (Term)  9.50-10.00% 10.00-10.50% 10.50-11.00% Negotiable
180 Day (Fixed)  9.75-10.25%  10.25-10.75% 10.75-11.00% Negotiable
1 Year & Above Negotiable  Negotiable  Negotiable  Negotiable 
Please Note that these rates are indicative rates and negotiable, Always contact Mr. Bama Mundi and Mrs. Bolalnle Onotu of FBN Mortgages Limited on Tel. No. 08033054013, 08023076014, D/L 234-1-2693993, 4615860-2, for further clarification 

 


 
 
 

 
 
    Contact Info :: 76,Awolowo Road,S.W.Ikoyi,Lagos,Nigeria. info@fbnmortgages.com
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