Who We Are?

REFUGE BANK was incorporated in 1992 as a Private Limited Liability Company and licensed by the Central Bank of Nigeria to carry on Mortgage Banking activities. The bank commenced operations in 1993. It is registered with the Federal Mortgage Bank of Nigeria Limited as an accredited vehicle for the disbursement of the National Housing Funds. In 2005, it was acquired by a new core investor who injected fresh capital into the bank. The bank is well capitalized beyond the mandatory level of the CBN.

At present, the bank’s authorized share capital is N4,000,000,000.00 with N2,609,087,175.00 fully paid up and allotted.

What We Offer?

We are licensed to carry out the following services:

  • Granting loans to any person for the building, improvement and construction of residential or commercial houses.
  • Acceptance of savings and deposits from the public and payment of interest thereon.
  • Offering technical and financial advisory services for home purchase/construction.
  • Performing estate management duties.
  • Offering project consultancy services for estate development.
  • Engaging in Estate development through loan syndication.
  • Engaging in property trading including land acquisition and disposal.

Our Vision

To be the preferred name in Mortgage Banking in Africa.

Our Mission

To change the landscape of Mortgage Banking in Nigeria

To deliver affordable housing accommodation to our customers on a regular basis through a well thought out funding arrangement.


Customers Empowered

₦4 billion+

Share Capital
Customer Rating

Our Commitment

Our service is founded on an important idea: that people are at their best when they are striving to exceed accomplishments of the past. In that spirit, our customers can expect their banking experience to be more convenient, more accessible, and more valuable than they ever thought possible. They can expect us to provide the products and services they need to help them achieve their dreams, and to protect their money and personal information as if it were our own. They deserve no less and we make it our business to give it to them.

Our Specialized Products


This scheme was instituted by the Federal Government of Nigeria to enable participating members who contribute to the National Housing Fund (NHF) obtain mortgage at a very low interest rate within a very convenient tenure.


This product helps the customer to maintain a special savings account towards payment of various things like education, school fees, purchase of home appliances, house rent, etc.


This product is designed to assist specific segments effectively mobilize their members to fulfill various projects in line with their goals and visions.

Core Values

Service Excellence

Team Spirit






We are here to help you

Our mission is to deliver reliable, latest news and opinions.

Apply For Loan

Looking to buy a car or home loan? then apply for loan now.

Get Appointment

Call us at

+234 909 000 1258 EXT 0


Contact us

Talk to Advisor

Need to loan advise? Talk to our Loan advisors.

Meet The Advisor