Abbey Mortgage Bank Plc has announced the date for its 33rd Annual General Meeting, scheduled to take place on May 28, 2025, in Lagos.

In a statement made available to our correspondent on Monday, the meeting will be held virtually, and details on how shareholders can participate will be made available through the bank’s official website and communication channels in the coming days.

The AGM will serve as an important platform for the bank to engage with its shareholders, presenting its audited financial statements for the year 2024. Key discussions will include the bank’s achievements over the past year, governance decisions, and strategic goals for future growth.

In addition to presenting the financial report, the meeting will cover dividend payments and highlight business growth strategies and plans for expansion.

The AGM will also offer shareholders the opportunity to provide feedback and engage in discussions about the bank’s performance and direction.

In a statement, Mobolaji Adewumi, Managing Director of Abbey Mortgage Bank, emphasised the significance of the AGM as a reflection of the bank’s commitment to accountability and transparency.

He said, “The AGM represents more than an annual tradition; it is a reflection of our accountability, transparency, and the trust we continue to build with our stakeholders. We look forward to sharing our progress and vision for the future with our shareholders and the broader community.”

The PUNCH reported that Abbey Mortgage Bank Plc has reported a 68.64 per cent increase in gross earnings for the first quarter of 2025, amounting to N3.77bn, compared to N2.24bn in the same period of 2024.

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