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Press Releases 2018-02-20T14:09:56+00:00

Press Releases

1105, 2018

Wema Bank to Reward Customers with An All-Expense Paid Trip to Russia

May 11th, 2018|Categories: Press Releases|Tags: , , , , |

Wema Bank Plc., Nigeria’s innovative Bank which pioneered the country’s first digital bank ALAT has announced that it is taking some of its customers to Russia this June. The promotion, which will reward a selected number of customers have saved at least N100,000 in their Wema Savings Accounts or ALAT Account over a period of 30 days with a trip [...]

905, 2018

Wema Bank Holds AGM; Commits To Sustainable Growth through Innovation

May 9th, 2018|Categories: Press Releases|Tags: , , , |

Wema Bank Plc., on Wednesday May 9, 2018 held its Annual General Meeting (AGM) during which the financial report for the year ending December 31, 2017 was presented to shareholders. The Bank used the platform to announce commitment to its attained growth phase, which is the final stage of its restructuring process that started in 2009. The innovative bank, which [...]

705, 2018

Wema Bank Reinforces Support for the Arts with Isale Eko Sponsorship

May 7th, 2018|Categories: Press Releases|Tags: , , , , |

Wema Bank and theatre share an interesting history Wema Bank Plc., the innovative bank that pioneered Africa’s first fully digital bank ALAT, is proud to announce its sponsorship of Isale Eko, the popular play coming up this June. Isale Eko is one of the notable plays in Nigeria, which is bringing back the theatre culture dating back as far as [...]

2704, 2018

WEMA Bank Plc Unaudited Financial Result for the quarter ended March 31st, 2018

April 27th, 2018|Categories: Press Releases|Tags: , , , |

Deposit growth of 20.29% to N09 billion in Q1’2018 from N254.46 billion in FY2017. Gross earnings increases by 5.02% to N07 billion. Awarded the Best Digital Bank in Africa at the 2018 Asian Banker Awards. Secures $15million and N3 billion line of credit from AFDB and DBN.   Managing Director/Chief Executive Officer’s review Commenting on the results, the MD/CEO, Segun [...]

1104, 2018

Wema Bank Reports 20.07% Growth in Gross Earnings

April 11th, 2018|Categories: Press Releases|Tags: , , , , , |

LAGOS, NIGERIA – 11th April 2018 – Wema Bank PLC (Bloomberg: Wema NL) (“Wema” or “the Bank”) Wema Bank PLc. has releases its audited audited financial result for the year ended December 31st, 2017. The innovative bank, which launched ALAT, Africa’s first fully digital bank, confirmed the growth of its groos earnings by 20.07%, from N54.36 billion in FY2016 to [...]

604, 2018

Notification To The NSE: Delay in Filing The 2017 Audited Twelve Months Results

April 6th, 2018|Categories: Press Releases|Tags: , , |

This is to notify our esteemed shareholders and other stakeholders about the delay in the filing of Wema Bank’s 2017 Audited Financial Statement for the year ended 31st December 2017. The delay arose from the need to obtain necessary approval before going ahead to publish our 12-months Accounts and Financial Statements. We expect to have our results released before the [...]

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