The Board of Directors of Wema Bank has been authorized to raise capital of up to N40billion by way of a rights issue to the existing shareholders of the Bank by issuing two new shares for every three shares held…
…Encourages bank to continue retail outreach On Thursday, December 16, 2021, 37-year-old Zainab Ayoola was awarded a million Naira at a cheque presentation ceremony at a Wema Bank regional office in Maryland, Lagos. She joined over 400 lucky customers that…
In further demonstration of its commitment to supporting women entrepreneurs, Nigeria’s leading digitally driven financial institution, Wema Bank, has revamped its 9% Loan Offering for Female SME owners. The revamped offer, which includes a longer tenor, easier access and requires…
Nigeria’s digitally-driven financial institution, Wema Bank, has been announced as the winner of the ‘Most Innovative Digital Bank’ in Nigeria at the 2021 Digital Banker Africa Awards. Digital Banker Africa, the continent’s magazine and website organizes the Digital Banker Africa…
By Seun Ibiyemi Nigeria’s leading digitally driven financial institution, Wema Bank today announced the signing of Davido as Brand Ambassador for its digital bank, ALAT By Wema. The Bank formalised the partnership at a ceremony on Friday, December 3 when…
By Seun Ibiyemi Wema Bank Plc has announced profit before Tax (PBT) of N7.2billion, an increase of 135.8 per cent in nine months ended September 30, 2021 as against N3.1billion reported in nine months ended September 30, 2020. The lender…
By Kayode Tokede ALAT by Wema, Nigeria’s first fully digital bank, will host the third session of its Talk Series via teleconferencing application, Zoom. The Talk Series is a virtual session for young Nigerians to exchange ideas and insights about…
By Kayode Tokede Access, FCMB, Wema and other Deposit Money Banks bagged different awards at the 2021 edition of the DBN Service Awards. Justifying the need for the awards, MD/CEO of Development Bank of Nigeria (DBN) Plc, Tony Okpanachi, said…
Wema Bank recently hosted High Net-worth Individuals (HNIs) in Northern Nigeria and reaffirmed service satisfaction to this customer class. At the meeting held at Transcorp Hilton, Abuja, the bank appreciated its high net worth customers for their loyalty. It reiterated…
By Kayode Tokede Wema Bank grew gross earnings and net interest income to maintained growth in key financial parameters in its half year (H1) ended June 30, 2021 result and accounts. The bank in the period under review recorded growth…
