Coop Savings and Loans Limited

Coop Savings and Loans Limited
Coop Savings and Loans Limited
Type Public
Industry Mortgage Institution, Investment Services
Founded Nigeria (1994)
Headquarters 15, Seventh Day Adventist Road, Oke-Bola, PMB 5061, Ibadan, Nigeria
Key people Sola V. Adenigbagbe, Group Chairman,
Kabir Ayinde Tukur, Group Managing Director/Chief Executive Officer
Products Mortgage (Commercial and Social)
Real Estate Development,
Housing/Estate Construction,
Investment Banking
Website www.coopmortgageng.com

Coop Savings and Loans Limited (CSLL) is a mortgage lending company based in Ibadan, Nigeria. It was registered and licensed by the Central Bank of Nigeria in 1993, and commenced mortgage banking operations in 1994 with an initial share capital of N5.0m.

CSLL currently operates business offices in Lagos, Abuja and Ibadan, and plan to open at least a business office in each of the 36 states in Nigeria and a representative office each in the UK, USA and South Africa by the end of the year 2011. The Company offers deposit accounts including current, savings and fixed deposit, and provides lending services including social & commercial mortgages and housing development loans. It was the first Primary Mortgage Institution (PMI) in Nigeria to access National Housing Fund (NHF) loans through the Federal Mortgage Bank of Nigeria.[citation needed]

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