Our Commercial Banking department manages the relationships of middle level companies, small businesses and trading clients.

The department, which is situated at our Head Office, has the following sectors under it:

• Key distributorship schemes – Guinness Nigeria Plc, Nigerian Breweries, Flour Mills Plc, etc.
• Agricultural Services
• SMEIS
• Manufacturing and Packaging
• Building and Construction
• Printing & Publishing
• General Commerce
• Oil & Gas

Key Distributorship Schemes
Wema Bank Plc was officially approved in September 2003 by Guinness Nigeria Plc to participate in the key distributorship scheme along with six other banks. Since then, the bank has been participating satisfactorily in the scheme by putting in place credit facilities for big time distributors of the Company.

The scheme enjoys competitive rates, which match what other banks are offering. Apart from Guinness Nigeria Plc, credit facilities are also granted to key distributors of other producing companies in Nigeria e.g. Nigerian Breweries Plc and Flour Mills Plc.

Agricultural Services
The sector is one of the real sectors of the economy. The bold step of the present civilian government has brought about a great boost in agricultural production in the country.

Wema Bank is committed towards this gesture by the Federal Government. We have in our agric portfolio, various companies in the areas of fish farming, animal production, cash crop production etc.

SMIES
1. Identifying investment opportunities
2. Deal flow/screening and investment structuring

Deal Flow
- Investment identification and focus
- Defining Investment Objectives
- Define Investment Strategy
- Screening - Investment Evaluation

Investment Structuring - Valuation of businesses using macro assumptions
Structuring of deal – equity and mezzanine finance if any.
Drafting relevant legally binding agreements

3. Monitoring and Value enhancement
- Governance – Board representation
- Internal management reporting
- Provision of consultancy services for strategic matters
- Determine reporting requirements and frequency
- Participation in recruitment process for key personnel

4. Determination of exit mode
- Initial Public Offer
- Sale to Industry buyer
- Management buys out

For enquiries, please contact us on 234-1-4622553 (Direct Line), 234-01-4613146 - 8 (Ext. 106, 107, 250, 283, 305, 374, 377 )

On SMIEs, please contact us on 234-1-4622552 (Direct Line), 234-01-4613146 - 8 (Ext. 250 or 304)