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Intercontinental Homes

by Nigerian Information Directory on December 19, 2009 · 0 comments

in Banks, Mortgage banks

intercontinentalhomesIntercontinental Homes is a Primary Mortgage Institution, established under Decree 53 of 1989, incorporated on May 26, 1992 and licensed to carry out mortgage business on December 31, 1993.

The acquisition of -PSL by Gateway Bank Plc in June 2003 started our dynamic story as a mortgage institution. This development introduced a new focus and way of doing business to the relatively underdeveloped mortgage sub-sector of the Nigerian economy.

As a bank duly licensed to carry out the business of mortgage, PSL was equally accredited to access the National Housing Trust Fund (NHF) by the Federal Mortgage Bank of Nigeria (FMBN), for on-lending. Through this medium, the company created over 500 mortgages.

The wave of in the wake of the recapitalisation of in 2005 led to the acquisition of Gateway Bank by , one of the strongest in Nigeria with a vision to be the number one financial services solution provider in Nigeria, Africa, and indeed among the best 100 in the world.

In order to reflect the new ownership structure as well as the new vision, Partnership Savings and Loans became Intercontinental Homes Savings and Loans Limited in March 2006.

Business Focus

* Retail and Consumer Banking
* Mortgage Banking
* Real Estate Banking
* Real Estate Advisory Services

Visit Official Website

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