The Federal Government has mandated the recently appointed Executive Management team of the Federal Mortgage Bank(FMBN) to reposition the bank for greater efficiency.
Mrs Mercy Dominic, Unit Head, FMBN Public Affairs Department made this kown in a statement on Thursday in Abuja.
Dominic quoted the Managing Director, Mr Ahmed Dangiwa as saying this in a meeting between the FMBN Executive Management Team and Heads of selected Primary Mortgage Banks (PMBs).
Dangiwa said that the objective of the meeting was to brief the PMBs on the focus of the new management team of the Bank.
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He noted that the meeting was to address issues of PMBs’ Non-Performing Loans in order to chart a way forward towards liquidation and to conclude transactions pending with PMBs for estates funded by the Bank.
Dangiwa noted the…
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