Global Trust Savings & Loans

Global Trust Savings & Loans Ltd (GTSL) is a private limited liability company duly incorporated in October 1992 and subsequently licensed by the Central Bank of Nigeria as an accredited Primary Mortgage Institution (PMI) with the prime objective of carrying on mortgage banking business. The company presently has an Authorised Share Capital of N1.5 billion and Paid-up Capital of N1.1 billion and operates from its registered office located at Plot 740, Adeola Hopewell Street, Victoria Island, Lagos.

GTSL is a wholly indigenous-owned mortgage banking institution and a subsidiary of Industrial and General Insurance Plc (IGI) - the largest and foremost Insurance underwriter in Nigeria and West Africa; with global outreach and presence in, Uganda, Rwanda, London and Washington DC.

GTSL is also duly accredited by Nigeria� �s apex mortgage institution-Federal Mortgage Bank of Nigeria (FMBN) to access and package long-term loans via the vehicle of the Federal Government sponsored National Housing Fund (NHF) Scheme. The company is reputed as a foremost institution in the mortgage banking sector, with focus on core mortgage business and promotion of home ownership,wealth creation, retail mortgage banking operation and provision of related financial advisory services.

In a bid to identify with Government� �s aspirations in addressing the challenge of housing deficit and providing solution to the perennial demand for affordable homes, particularly amongst the low-middle income earners, GTSL entered into a strategic alliance with its sister company, Messrs Chancellors Properties Ltd for the development of mass housing estates all over the nation. This strategic initiative, which is widely applauded, has manifested in the development of modest housing estates in Lagos and Abuja, resulting in the production of 250 housing units to date. The strategic initiative is further complemented with innovative and customer-oriented financial products and services aptly focussed on home acquisition.

GTSL� �s Board is composed of astute, visionary and seasoned professionals with sound integrity and proven track record in the successful management of business concerns; aptly complemented by the Board of its parent company-IGI, all of which have contributed to the excellent achievements and successes recorded to date.

Integrity � maintenance of the highest standards of professional ethics and honesty

Spirit � opportunity for every person to grow and prosper in a dynamic and collegial environment based on accountability, merit and passion to succeed.

Excellence � always aiming for highest quality through superior performance.

Teamwork � passion for learning and sharing ideas through promotion of a knowledge-seeking culture that inspires curiosity and rewards creativity.

Innovation � continuous thirst for change through willingness to creatively explore new options and creating opportunities for people to grow and live their dreams.

Service � exceeding the expectations of our customers by understanding their unique needs, developing customised solutions and fulfilling our commitments.

Stewardship � provision of adequate returns for all stakeholders and always identifying with governments� � aspirations in policy implementation.

The statement of our core values describes the corporate culture and basic principles of our organisation. Along with our values, these principles represent our fundamentals and code of conduct, aptly premised on creating value, trust, respect, fairness, cooperation, compliance, sound corporate governance, and social responsibility.

OUR CAPABILITIES

Global Trust Savings and Loans Ltd offers a wide range of value-added, customer-oriented financial products and services carefully packaged to meet the peculiar and changing needs of our corporate and individual customers via provision of innovative and qualitative Mortgage, Consumer and Retail Banking services. GTSL also boasts of unique expertise in the packaging and processing of the NHF Loan Scheme.

Our flat management structure engenders a proactive and decisive system, which enables us to anticipate and promptly respond to our customers� � requests whilst positioning the bank to readily seize available opportunities in the market environment.

HOUSING DELIVERY

In conjunction with our sister company-Messrs Chancellors Properties Ltd, GTSL has over the years, facilitated housing delivery for our esteemed and valued customers through the development of decent, functional and affordable housing estates all over the federation. The relationship, which has been mutually beneficial, has manifested in the construction of the several joint venture housing developments, notable amongst which are:

60 units of 3 B/Room terraced houses along Lekki-Epe Expressway, Lagos State

120 units of 3 B/Room flats of 20 blocks along Lekki-Epe Expressway, Lagos State

20 units of 3 B/Room fully detached bungalows along Airport Road, FCT, Abuja

50 units of 3 B/Room semi-detached bungalows at Ejigbo, Osun State

It is significant to mention that while Global Trust focuses on provision of mortgage-based financial solutions to meet housing delivery needs, on its part, Chancellors Properties Ltd is primarily engaged in the construction and management of both dwelling and commercial houses, taking such factors as affordability and functionality into consideration.

Together, both institutions have successfully put into practice the subsisting alliance between them for the development of mass housing estates all over the nation; and have clearly demonstrated the resolve to identify with Government� �s aspirations in providing solution to the perennial demand for affordable homes, particularly amongst the low-middle income earners.