Trustbond Mortgage Bank Plc has bagged an international award emerging as the winner of “Outstanding Contribution to Home Ownership Nigeria 2017” and locally “Mortgage Bank of The Year 2016/2017”.
The International Award as the winner of the Outstanding Contribution to Home Ownership Nigeria 2017 was conferred on the bank by the United Kingdom based Capital Finance International, CFI.co who is an international print journal and an online resource reporting business, economics and finance.
TrustBond Mortgage Bank Plc has now joined the league of other past winners in corporate Nigeria such as; Zenith Bank, Schlumberger Nigeria, CRC Credit Bureau, Rosabon Financial Services, ARM Investment Managers and PricewaterhouseCoopers who have won an award from CFI.co in different categories in the recent past.
The International award was based on the consideration that: TrustBond Mortgage Bank is a pioneer in the development of home loan products that further financial inclusion. The bank has introduced a number of innovative mortgage and real estate finance solutions that unlock access to long-term capital. In particular, TrustBond developed innovative products that address specific financial and mortgage needs such as those of bereaved families facing eviction and the Millennials – the future generation of Nigerians that accounts for over 70% of the country’s population. With collaborations and partnerships, this would go a long way in contributing to the achievement of the UN’s Sustainable Development Goals in Nigeria – the most populous country and largest economy in Africa.
The bank maintains an array of corporate social responsibility initiatives with a view to helping people gain stability through home ownership. TrustBond also supports the government in designing policies that help solidify the mortgage industry, with their adherence to strict standards of corporate governance; the bank has been able to tap into long-term funds at reduced interest rates, driving down the price of its products.
Nigeria Housing Award has also conferred on the bank the Mortgage Bank of the Year 2016/2017.
The two awards were recognition of the fact that Trustbond Mortgage Bank Plc is a mortgage bank that is devoted to bridging the 17 million housing gaps in Nigeria by providing stability through home ownership and affordable housing Nigerians within as well as Nigerians in the diaspora.