Gateway Mortgage Bank Limited, an Ogun State-owned financial institution, has opened a new branch in Sagamu in the state.
This is the 4th branch, after the existing Mowe and Ota branches, as well as the corporate headquarters in Abeokuta.
Speaking at the opening ceremony, the Ogun State Governor, Prince Dapo Abiodun reiterated that the opening of the new branch in Sagamu, one of the major business hubs in the State, is in line with his administration’s strategic efforts to improve on housing, road and other infrastructure.
“The Gateway Mortgage Bank must exceed expectations by supporting individuals and businesses for the development of Ogun State”, he enthused.
Gateway Mortgage Bank Limited is a Primary Mortgage Bank (PMB) fully owned by the Ogun State Government. It was established and licensed by Central Bank of Nigeria (CBN) in 2005 and commenced Mortgage business in February 2006. The Bank was subsequently accredited by Federal Mortgage Bank of Nigeria (FMBN) to access National Housing Fund loan.
Gateway Mortgage Bank is currently a member of Nigeria Mortgage Refinancing Company (NMRC), an association, where Mortgage Bank Refinancing Mortgage facility with for a cheaper interest rate and for a long term.
Gateway Mortgage Bank is among the few Mortgage Banks in Nigeria that issue their customers ATM Card and also render Mobile Internet services.