Wema Bank earns N2.6 Billion in Nine Months

Posted by - October 22, 2018

Wema Bank Plc has disclosed improved bottom-line for the nine months ended September 30, 2018, helped by a significant growth in trading income. The result that was recently disclosed showed net interest income of N15.349 billion, up from N11.976 billion in the corresponding period of 2017. Net fee and commission income fell slightly from N5.551

Ademola Adebise resumes office as MD/CEO of Wema Bank

Posted by - October 1, 2018

Ademola Adebisi resumes as the new MD/CEO of Wema Bank Plc today, October 1st, following the recent appointment of the position. His appointment followed the retirement of Segun Oloketuyi in September. He was initially appointed the Acting Managing Director in July after Oloketuyi proceeded on terminal leave in July 2018. Adebise assumes the new role

Wema Bank Introduces Agent Banking in Bauchi, Targets Informal Retail Sector

Posted by - April 17, 2018

Wema Bank Plc, Nigeria’s longest serving indigenous Bank and pioneer of Africa’s first fully digital bank ALAT, has introduced its agent banking service in Bauchi as it seeks to deepen its retail footprint across informal economic sectors of the country. Agent Bank is a cost-effective medium employed by Banks to provide financial access to unbanked,