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Contact Details
Commercial Papers
Switchboard:
234-1-2665900-19
Ext. 2302, 2209, 2311, 2215
Equipment Leasing
Switchboard:
234-1-2665900-19
+234-1-9052000
+234-1-9052153
+234-1-9052232
Ext. 2302
Tel:234-1-2663904
Export Banking & Finance
Switchboard:
234-1-2665900-19
Ext.2402, 2633, 2563
Tel:234-1-2665929
234-1-2663880
234-1-2664026
Global Custody
+234 1 305 2092, +234 1 305 2720
+234 802 311 7681, +234 802 524 9900
Foreign Financial Institutions
Switchboard:
234-1-2665900-19
Ext. 2740, 2717
Email: ffi@firstbanknigeria.com |
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Provision of loans for the acquisition of assets such as
- Outright Purchase
- Construction and
- Refinancing
Q.
What is the Equity Contribution on Refinancing?
A.
- You do not
need to make equity contribution
for refinancing
- The Bank will
finance 60 - 70% of the 'forced sale
value' (FSV) of the property
depending on the location.
Application Requirements
- Ownership of plot of land to be developed,
- or Identification of an already developed property to
be acquired
- Evidence of income from employment or business
adequate to service the loan
- Bill of quantity/Valuation report in case of outright
purchase
- Plot of land/property must be in an urban location
acceptable to FirstBank.
For Refinancing:
- Property must be unencumbered or
- Existing mortgage financier must be willing to
release title against full liquidation.
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Contact .
Site Map
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Where Can I Find
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Product & Services Offering
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Related Links |
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WUMT Locations
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Dowloads
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FAQ's (Mortgages)
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Group Sites
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Rates for week ending
05-12-08
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Selling |
Buying |
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GBP (Cash) |
189.00 |
180.00 |
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GBP (TC/CP) |
188.50 |
179.50 |
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USD (Cash) |
130.00 |
118.00 |
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USD (TC/CP) |
129.20 |
117.50 |
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More ... |
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