Abbey Mortgage Bank has revamped its mobile app with innovative digital solutions to boost customers’ mobile banking experience.
The Abbey mobile, app known as ‘AbbeyMobile 2.0’, comes with new exciting features, enhanced security, and a user-friendly interface designed to meet customers’ financial needs.
Speaking about the newly upgraded mobile app, Felix Omodayo-Owotuga, group head for retail sales & e-business, Abbey Mortgage Bank, noted that the relaunch of AbbeyMobile 2.0 comes on the heels of the bank’s recent ISO recertification which highlights its adherence to the highest security standards.
“AbbeyMobile 2.0 represents a significant step in the Bank’s ongoing journey to enhance its services and embrace the future of banking. The relaunch coupled with our ISO recertification demonstrates the institution’s dedication to innovation, security, and customer satisfaction,” he said.
“In today’s fast-paced world, integrating advanced technology with exceptional service delivery is essential to provide customers with an app that not only meets their needs but also offers a better and more enjoyable experience. The newly upgraded app will not only deliver enhanced functionality but also provide top-tier security for its users,” Omodayo-Owotuga noted.
The AbbeyMobile 2.0 comes with new features that include: increased limits, scheduled payments, cardless withdrawals, enhanced designs, mortgage application and mortgage calculator.
It has higher transaction limits to accommodate a broader range of financial needs, with the ability to plan and schedule payments in advance for added convenience.
It also has an easy access to funds without the need for a physical card, a modern, user-friendly interface for a more intuitive banking experience, as well as a streamlined process for applying for a mortgage directly through the app.
It also has a tool to determine monthly payments and evaluate mortgage options.
Abbey Mortgage Bank is one of the only seven national Primary Mortgage Banks (PMB) licensed by the Central Bank of Nigeria (CBN) and the Federal Mortgage Bank of Nigeria (FMBN).
In the recent recapitalisation exercise that led to the downsizing of mortgage banks from 105 to only 34 mortgage banks, Abbey not only emerged successfully capitalised but rose as one of the few that met the national obligation, whilst being a public liability company.