Salary Structure at the Federal Mortgage Bank of Nigeria (FMBN)
The Federal Mortgage Bank of Nigeria (FMBN) is a government-owned financial institution that provides affordable mortgage financing to Nigerians.
The bank offers a variety of loan products, including the National Housing Fund (NHF) loan, the Estate Development Loan, and the Rent-to-Own scheme.
Salary Levels at FMBN
Entry-Level Salary
The entry-level salary at FMBN varies depending on the position. For example, a Management Trainee can expect to earn between ₦250,000 and ₦300,000 per month, while a Customer Service Officer can expect to earn between ₦150,000 and ₦200,000 per month.
Entry Level
Assistant Officer: ₦100,000 – ₦150,000
Executive Assistant: ₦150,000 – ₦200,000
Management Trainee: ₦200,000 – ₦250,000
Mid Level
Senior Officer: ₦250,000 – ₦300,000
Assistant Manager: ₦300,000 – ₦350,000
Deputy Manager: ₦350,000 – ₦400,000
Senior Level
Manager: ₦400,000 – ₦500,000
Senior Manager: ₦500,000 – ₦600,000
Assistant General Manager: ₦600,000 – ₦700,000
Top Management
Deputy General Manager: ₦700,000 – ₦800,000
General Manager: ₦800,000 – ₦900,000
Executive Director: ₦900,000 – ₦1,000,000
Managing Director: ₦1,000,000 and above
Note: These are just estimates and the actual salary may vary depending on factors such as experience, qualifications, and job performance.
FAQs
What is the minimum salary at FMBN?
The minimum salary at FMBN is ₦100,000 for Assistant Officers.
What is the highest salary at FMBN?
The highest salary at FMBN is over ₦1,000,000 for the Managing Director.
How much do entry-level employees earn at FMBN?
Entry-level employees at FMBN earn between ₦100,000 and ₦250,000 per month.
What are the benefits of working at FMBN?
FMBN employees enjoy a number of benefits, including:
Competitive salaries
Comprehensive health insurance
Paid time off
Pension plan
Training and development opportunities
Also Read: Salary Structure at the Federal Inland Revenue Service (FIRS)
