Mortgage Bank
DEAP CAPITAL also has a strategic alliance with Resort Savings and Loans Limited (RSL),
a mortgage bank in Nigeria. RSL is commited to revolutionizing the housing mortgage sector in Nigeria by
delivering housing units to both the upper and middle class segments of the society. Its products are also accessible to Nigerians in Diaspora.
It is reckoned by the World Bank that Nigeria would need additional 720,000 housing units each year in order to attain the millenium Development Goals by 2015.
Convinced that this enourmous gap provides opprtunity for well focused Morgage finance Intermediation, DEAP CAPITAL led the way to re-structure and re-capitalize RSL.
Following the re-structuring exercise, Hon Preye Ogriki was appointed as the Managing Director/CEO. Preye is a consumate Banker and Administrator.
Mr Femi Ekundayo remains the Chairman.
DEAP holds =N=62million of RSL's =N=150million paid up capital as at September 30, 2005.
For any enquiries on any aspect of Resort Savings & Loans business, send your email to info@deapcapital.com or call 234-01-2661651, 2669254, 8194781, 4751756-7
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