Wema Bank’s Assets Hit N1trn

Posted by - April 27, 2021

Wema Bank Plc has announced its audited results for year ended December 31, 2020. The bank closed with total assets and contingents of over N1 trillion. According to the results, the bank recorded a year-on-year double-digit growth of 39.42 per cent in customer deposit of N804.87 billion in the year under review, compared with the

Wema Bank Supports Female Entrepreneurs

Posted by - August 18, 2020

The digital banking platform, Wema Bank announced that it recently organised a free capacity building session for female entrepreneurs. The first of these training sessions focused on helping professional and businesswomen “Restructure their business, career and finances for the future”. It disclosed that ‘Sara by Wema’ had organised a virtual webinar tagged “Juggling Home Schooling

Wema Bank launches Collateral-free Loan for SMEs

Posted by - August 4, 2020

As part of its effort to provide access to finance for SMEs to grow their businesses, the financial service company, Wema Bank has introduced SME loan products that are collateral free to support businesses. A statement from the bank explained that businesses in need of working capital finance could get up to N10 million without

Wema Bank rewards customers to mark 75th Anniversary

Posted by - April 27, 2020

Wema Bank Plc has launched an Earn-from-Home scheme, to celebrate its 75th anniversary. A statement explained that the financial institution has over the years continued to, “to reinvent the narrative in the delivery of financial services and experiential banking to its customers.” In this light, the bank announced its launch of the scheme to reward

Wema Bank Donates Relief Materials to fight COVID-19

Posted by - April 12, 2020

Wema Bank Plc said it has started donating relief materials to affected states in Nigeria. According to the bank, the donation includes rice, cartons of vegetable oil and cartons of noodles, is aimed at complementing the effort of the government to cushion the effects of the lockdown. Alongside being a corporate social responsibility of the

Wema Bank Supports Women-owned Businesses on IWD

Posted by - March 12, 2020

In commemoration of the 2020 International Women’s Day (IWD), Wema Bank also joined to celebrate female staff and customers of the bank. Tagged “Generation Equality; Realising a Woman’s Right,” a statement disclosed that the interactive session drew from the IWD global theme ‘Each for Equal’ to discuss collective individualism as a notion in the drive

Wema Bank Collaborates Bank of Africa on Trade Facilitation

Posted by - October 15, 2019

The financial service company Wema Bank Plc has authorized a multi-country partnership agreement with the Bank of Africa Group (BOA) as it looks to facilitate bilateral trade services for its customers across Africa. The partnership agreement was executed by the MD/CEO of Wema Bank Plc, Mr Ademola Adebise and CEO of BOA Group, Mr Amine

Wema Bank, O2 Academy Partners to provide Road Safety Awareness

Posted by - August 21, 2019

The commercial and financial service institution Wema Bank took a great move to create a 3D zebra crossing in alliance with O2 Academy, Lagos to raise awareness on safe driving and inspire behavioural change among Nigerians. The innovation was Located opposite the bank’s headquarters along Marina Road in Lagos. The 3D crossing was an effort

Wema Bank resumes dividend payment, announces N1.16 million payout

Posted by - May 16, 2019

  Wema Bank Plc has declared N1.16 million dividend, translating to N0.03 per share for its shareholders, for the year ended December 31, 2018, after 15 years of non-dividend payment. Addressing shareholders at the Annual General Meeting, AGM, in Lagos recently, Babatunde Kasali, Chairman, Wema Bank, said the bank owed its ability to finally reward

Wema Bank Unveils Product for Women

Posted by - April 5, 2019

Wema Bank, the custodian of Nigeria’s first fully digital bank, ALAT, announced its women proposition – Sara by Wema – at the 2019 Songversation with Aramide. The event was a night of conversation and music, which took place recently, at Terra Kulture in commemoration of the international women’s day. Speaking at the unveiling, Managing Director/CEO