Established in 1994 with its Head Office in Ibadan, Oyo State, Cooperative Mortgage Bank Limited is licensed and regulated by the Central Bank of Nigeria, insured by the Nigeria Deposit Insurance Corporation, regulated by the Federal Mortgage Bank of Nigeria and accredited by the Federal Department of Cooperatives as a cooperators’ bank.
The bank is also a member of the International Cooperative Alliance and currently in the 7-man board of the International Cooperative Banking Association.
OBJECTIVE
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The twin objectives of the bank are:
- Bridging the gap in the supply of affordable and durable houses in Nigeria.
- Providing structured mortgages for ease of home ownership.
SERVICES
Cooperative Mortgage Bank Limited has consistently built relationships with its customers by focusing on the fundamentals of good corporate governance, risk management, leadership and outstanding services.
The Bank offers a comprehensive range of services such as Mortgage Banking, Real Estate Construction Finance, Financial Advisory Services, Fixed Deposit with higher interest rate and regular banking (savings, withdrawals, Savings and Current accounts opening, etc.) for all, with special focus on cooperatives.
CMB is the Cooperators‘ Bank as 95% of it business is with cooperatives. The business goal is to ensure that every cooperator, through their various cooperative societies, become home owners without strain.
PROJECTS
The bank has funded the development of Estates in Lagos, Abuja, Port Harcourt and Ibadan.
The projects are:
- Coop Legacy Estate, Ogombo, Lagos
- Riverscoop Harmony Estate, Port Harcourt, Rivers
- Coop Pacesetter Neighborhood, Ajoda New Town, Ibadan
- Cooperative Estate, Giri, Abuja
- The Autograph, Banana Island Road, Lagos
- Customscoop Estate, Kagini, Abuja
- Customscoop Villa, Kabusa, Abuja
AWARDS
In 2015, the bank was awarded the Best Mortgage Bank in Nigeria by the Capital Finance International. It also won an award of Excellence in Mortgage Banking at the Nigeria Housing Awards in 2020.
BOARD OF DIRECTORS
AVM Walter Ogujiofor (RTD) — Chairman
Kabir Ayinde Tukur — Managing Director/Chief Executive Officer
Musa Abubakar Yusuf — Deputy Managing Director
Engr Samuel Abayomi Akinsete — Director
Oluwole Okunnuga — Director
Fatima Ibrahim — Director
Adeleke Adeleye — Director
Ifeoluwapo Adesina — Acting Company Secretary
EXECUTIVE MANAGEMENT
Kabir Ayinde Tukur — Managing Director/Chief Executive Officer
Musa Abubakar Yusuf — Deputy Managing Director
Ifeoluwapo Adesina — Acting Company Secretary
Anthonia Nnaebue — Chief Marketing Officer
Chiwendu Umezurike — Chief Operating Officer
Deborah Orimolade — Chief Financial Officer
Kehinde Leoto — Head, Internal Audit
Hakeem Ikumogunniyi — Regional Manager, North
Amen Osagie — Regional Manager, South
Adeola Adesoba — South-West Area Manager
Ikechukwu Umezurike — South-East Area Manager
Idowu Fasola — Head, Credit and Risk Management
CONTACT CENTRES
Oyo (Head Office)
11a, University Crescent, UI-Secretariat Road, Bodija, Ibadan, Oyo State
Lagos
3A, Ahmed Onibudo Street, VI, Lagos State
10, Ola Ayinde, off Toyin Street, Ikeja, Lagos State
Ogun
2nd Floor, Emmanuel Plaza, Onikoko, Panseke, Ibara, Ogun State
Abuja
39a Aswan Street, Wuse Zone 3, Abuja
Room 109, First Floor, Senate Building, NASS Complex, 3 Arms Zone, Abuja
Edo
105, Boundary Road, G.R.A, Benin City, Edo State
Ondo
FMBN Building, Oke Eda Road, Alagbaka, Akure, Ondo State
Kwara
FMBN Building, Asa Dam Road, Ilorin, Kwara State
Osun
38, Ife-Ibadan Road, Mayfair, Ile-Ife, Osun State
Rivers
No 8, Ezimgbu Link Road, G.R.A, Port-Harcourt, Rivers State
Kaduna
2, Murtala Mohammed Square, Asaa Plaza, Kaduna, Kaduna State
Plateau
2, Beach Road, opposite Post Office, Jos, Plateau State
Delta
8, Plot 147, Okpanam Road, Asaba, Delta
Ekiti
No 68, Ajilosun Street, Ado-Ekiti, Ekiti State
Kano
7, New Hospital Road, Aminu Kano, Gyadi-Gyadi (Gadar Lado), opposite KEDCO, Kano
WEBSITE & SOCIAL MEDIA
Website: cmbankng.com
Facebook: Cooperative Mortgage Bank
Instagram: cmbanknigeria
LinkedIn: Cooperative Mortgage Bank
PHONE CONTACTS
Phone: 070026226564
WhatsApp: 08083031351