We are pleased to formally introduce Harvard Trust Savings and loan limited (Mortgage Bankers) with a view to establishing and sustaining a mutually beneficial relationship with you.
 

Harvard Trust Savings and Loans Limited were licensed in 1992 to carry on mortgage banking business.

It has been a success story.  Our Bank has taken Mortgage Banking System to greater heights through the use of up to date information technology propelled by highly skilled manpower.

OUR BUSINESS PHILOSOPHY

With the number of universal banks in Nigeria pegged at 25 for now, and the door shut to a lot of willing investors, we offer cheap piece of the industry in the niche of mortgage banking.

The universal banks control commercial and investment banking: we are licensed to deliver mortgage finance. We are committed to grow in mortgage banking to become a dominant player. We envisage an exciting rate of return and quick growth in investment through capital appreciation.

The potential of this sector in Nigeria, and the experience from other lands, confirm this expectation which has become to us an underlying business philosophy.

Vision

Our vision is propelled by the quest to be industry's most admired mortgage institution for its people, partnership and performance through:

• providing mortgage products and services that are vital to our community's quality of life.

• being identified as a people unmatched capabilities and commitment both as an individual and as an organization.

• breasting up the global trend and  positively inter-facing same experiences to local needs.

VALUES

Our corporate foundation is built on our cherished values which distinguish us and informs our mission. We deriver mortgage finance in a society- friendly and ethical manner anchored on.

• Trust

  We trust respect and support our system of operation as a people, in  order to earn the trust of our customers and stakeholders upon which our strength is built.

• Integrity

  We tell our selves the truth. We employ the best standard in all our business dealing. We keep faith with our promise.

• Diversity

  learning and improvement are constants. We seek superior achievement and rapidity in applying new ideas to our delivery systems for the benefit of our customers.

• Partnership.

  We have an unwavering commitment to building trusting and mutual beneficial relationship with our customers and stakeholders.

• Growth:

  We seek out in pursuit of smart, challenging and profitable opportunities that translate into mutual business growth.

People

At Harvard trust, we track a system combining people, processes and culture to achieve and sustain industry-leading performance in five (5) key areas:

• Dynamic Management translating our value, setting bold and competitive visions achieving result with urgency. The team takes accountability for performance and clearly define strategies for shaping top performance. Our management appreciates embraces the rapidity and necessity of change, inspires innovation and target sustainable growth.

• Performance culture defines all we do. operational excellence through caution and time honored reliabilities  give us an edge over our competitors.

• Skilled employers has the knowledge, competence and behavior critical to achieving our goals and providing timely customer solutions.

• Capital stewardship by investing in the best project opportunities in human and material resources and executing them effectively and efficiently.

• Technology and  partnership help us to maximize our capabilities. We adopt and adapt technology and leverage sound partnership.                             

STRATEGIC PARTNERSHIP WITH UNIVERSAL BANKS

We are positively disposed to building strategic partnership with universal bank(s) in Nigeria with the aim of gaining further access to venture capital for our mortgage business. The arrangement could result in equity investment, long term loan, guarantees or joint ventures.

We are in a position to provide mortgage banking services for the customers of the partner bank (s).

We therefore, reserve a preferential allotment of a maximum of 150,000,000 shares representing 25% of the offer for such bank (s) that may wish to enter into strategic partnership with us.

OUR KEY INCOME DRIVERS

Handling charges on Sundry Accounts.

Interest spread on NHF backed loans intermediation

Interest income on mortgage and consumer loans.

Commission on Turnover.

Fees and Commissions on sundry loans.

Other fee based income.

Commission on sale of houses.

Profit on real estate investments.

STRENGTHS, RATINGS AND AWARD OF THE BANK

Since the commencement of operations, our banks has carved a niche for itself. Indeed, it has become a household name in the eastern states of Nigeria where it shows strong presence. We have been selected to implement the residential mandate on mass housing for Anambra state

Again, our bank is in the first list of primary mortgage institutions accredited by the federal mortgage banks of Nigeria (FMBN) to disburse the National housing found (NHF).

Moreso, the bank is presently servicing as the deputy president (East) of mortgage bankers Association of Nigeria (MBAN).

We have become the first PMI in the south-east to access the National housing fund. Intend NHF for Enugu civil servants has been released.

HTSL has been appointed official PMI for Enugu state Housing Development corporation (ESHDC) and Anambra state Housing development corporation (ASHDC). this translates to mortgage business from over 20,000 civil servants. it also give us a foot into the door of a vast mortgage business in the south-east.

LANDMARKS

From the foregoing it is not surprising therefore that Harvard Trust is in the first list of 30 Primary Mortgage Institutions (PMIS) that were accredited to disburse the National Housing Fund (NHF) Loan Scheme. This Land mark achievement is sequel to a clean bill of health as adjudged by our regulatory authorities.

We promise SUPERIOR CUSTOMER VALUE that exceeds the expectations of our customers. All these constitute the Bedrock of our new repositioning corporate strategy.

The due diligence certification that preceded the approval, is to us an official endorsement of our business processes and financial health. Going forward, the processing of additional draw-downs will be less and less stringent. 

CAPITALIZATION

With an authorized share capital of #120,000,000 ( One Hundred and twenty million Naira) fully paid Capitalized, Harvard trust is arguably one of the most capitalized in

the Mortgage Banking sub-sector.

CAREER OPPORTUNITIES

At Harvard Trust, we track a system combining people, processes and culture to achieve and sustain industry- leading  performance

In career development, our management appreciates and embraces the rapidity and necessity of change, inspires innovation and targets sustainable career growth for its employees.

We believe in skilled and experience employees. Such staff  have the needed knowledge, competence and behavior critical  to achieving our goals and providing superior customer value. Technology and partnership help us to maximize our capabilities. We adopt and adopt technology and leverage sound partnership.

CUSTOMERS' EXPECTATIONS

Harvard Trust has a culture of building total relationship with the customers. Such relationships are managed in consonance with the finest tradition of customer care. SERVICE ORIENTED RELATIONSHIP OFFICER are immediately assigned to individual customers to help provide personal attention to customers' need.