The Federal Mortgage Bank of Nigeria(FMBN) has revealed that it gave out N14.7bn to 17,062 persons in the country since 2016 under several loan windows.
This was revealed by the FMBN Executive Director of Business Development and Portfolio Management Umar Abdullahi during the presentation of cheques to staff members of the Federal Medical Centre, Birnin-Kebbi, Kebbi State.
According to Abdullahi “The FMBN has approved and disbursed the sum of N123,914,000 to 157 staff beneficiaries of the FMC, Birnin-Kebbi.
“It may also interest you to note that the sum of N19m was earlier disbursed by the bank to 19 staff members of the Kebbi State University of Science and Technology, Aliero.
“It may also interest you to note that the total sum of N14.7bn has so far been disbursed within the last two years by the bank to 17,063 beneficiaries across the country under this loan window.”