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Investor Relations 2018-03-27T17:34:46+00:00

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Wema Bank Gets Shareholder Approval For Capital Reorganization

Wema Bank Plc. at its Extraordinary General Meeting (EGM) held on Friday October 20, 2017 in Lagos, received the approval of its Shareholders’ towards the attainment of its Scheme of Capital Reorganisation exercise. With this approval, Wema Bank would give effect to the creation of a Capital Reduction Account (CRA), the transfer the negative balances in the retained revenue account to the Capital Reduction Account (CRA), reflect the carrying amounts on the specified assets based on their current economic values while effectively setting-off these balances against the share premium account.

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Wema Towers,54 Marina,Lagos

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Purple Connect+23439003700
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Investor FAQs

Wema Bank’s AGM is held at the end of every financial year. This is usually between the month of March and May.

Wema Bank’s financial year end is 31st December of every year.

Wema Bank has an authorized share capital of N20 billion divided into 40 billion ordinary shares of 50 kobo each. Currently, the Bank’s fully paid up share capital is 19.3 billion divided into 38.6 billion ordinary shares of 50 kobo.

Wema Bank’s quarterly, half-yearly and annual reports can be found at the investor relations section of our website on www.wemabank.com

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