Stanbic IBTC Bank promotes homeownership

• Published On: 28 June 2024 at 20:47

Stanbic IBTC Bank has announced its intention to help Nigerians own homes through its products and guidance.

This was revealed during the recently concluded Home Ownership Summit, which advocated for the realization of Nigerians' homeownership goals as well as property wealth building. The event provided an opportunity for Stanbic IBTC Bank to interact with future homeowners and important industry decision makers.

The crowd was diversified, consisting of real estate enthusiasts, investors, and industry specialists.

Abdulhafiz Toriola, Permanent Secretary of the Lagos State Ministry of Housing, delivered a detailed overview and important insights into wealth creation through homeownership during his keynote talk.

Experts at the event also discussed mortgage financing issues, offered advice on navigating the home-buying process, and provided insights into property assessment.

Wole Adeniyi, Chief Executive Officer of Stanbic IBTC Bank, emphasized the importance of homeownership as a driver of financial stability and wealth growth.

He stated, "As access to affordable housing remains a critical issue, our Home Loan solution provides hope. Our bank aspires to bridge the gap and make home ownership more accessible to our stakeholders by offering low interest rates, flexible equity contributions, and personalized coaching.