CBN approves Abbey mortgage bank’s transition to commercial banking

Punchng | 04-06-2026 09:33am |

The Central Bank of Nigeria has granted approval for Abbey Mortgage Bank to transition into a regional commercial bank, now operating under the name Abbey Bank Plc. This development signifies a notable expansion in the bank's operations and service offerings. The transition is expected to enhance the bank's capacity to provide a wider range of financial services to its customers. Abbey Bank Plc will now be positioned to compete more effectively in the commercial banking sector.

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