Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings and a leading financial institution in Nigeria, is at the forefront of promoting home ownership and property wealth creation among Nigerians. The bank recently concluded its Home Ownership Summit, reaffirming its commitment to empowering individuals, families, and business owners with the resources necessary to realize their dream homes and properties.
The summit served as a vital platform for Stanbic IBTC Bank to engage directly with potential homeowners and key industry stakeholders. During the event, the bank showcased its tailored home loan solutions designed to meet diverse needs and financial capacities. Attendees were informed about the various benefits and flexible repayment options available, which significantly enhance accessibility and affordability in the pursuit of home ownership.
The event attracted a wide-ranging audience, including real estate enthusiasts, investors, and industry experts. Prominent speakers explored the intricacies of real estate investment, financing options, and emerging market trends, providing invaluable insights to the participants.
Key topics discussed by the panelists included strategies for wealth protection and loss prevention in real estate through insurance, as well as the importance of creating a legacy and transferring wealth across generations using wills and trusts—services supported by the Stanbic IBTC group.
Engr. Abdulhafiz Gbolahan Toriola, Permanent Secretary of the Lagos State Ministry of Housing, delivered the keynote address, offering a comprehensive overview and critical insights on building wealth through home ownership.
This address was complemented by engaging panel discussions covering various essential topics for real estate stakeholders. Experts addressed the complexities of mortgage financing, offered guidance on navigating the home buying process, and provided insights on property valuation.
Stanbic IBTC Bank provides a range of options to assist Nigerians in achieving their home ownership aspirations. These include easy access to financing, flexible repayment terms of up to 20 years, expert guidance from a dedicated team of property specialists, and joint mortgage options for couples.
Wole Adeniyi, Chief Executive of Stanbic IBTC Bank, emphasised the importance of home ownership as a foundational element of financial stability and wealth creation. He highlighted the bank’s commitment to facilitating access to home ownership without imposing undue financial burdens.
“As access to affordable housing remains a pressing issue, our Home Loan solution offers hope. With competitive interest rates, flexible equity contributions, and personalized guidance, our bank aims to bridge the gap and make home ownership attainable for our stakeholders,” Adeniyi stated.
In summary, the Stanbic IBTC Home Ownership Summit proved to be an invaluable resource for real estate enthusiasts, equipping them with the knowledge and tools necessary to navigate the real estate landscape and secure the necessary funding for their home ownership goals.
