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Press Releases 2018-01-19T17:16:21+00:00

Press Releases

2010, 2017

Wema Bank gets shareholder approval for capital reorganisation

October 20th, 2017|Categories: Press Releases|

LAGOS, NIGERIA –  October 20, 2017 – Wema Bank PLC (Bloomberg: Wema NL) (“Wema” or “the Bank”) 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 [...]

3009, 2017

WEMA Bank Plc Unaudited Financial Results for the 9 months ended September 30th, 2016.

September 30th, 2017|Categories: Press Releases|

WEMA Bank Plc Unaudited Financial Results for the 9 months ended September 30th, 2016. LAGOS, NIGERIA – 21st October 2016 – Wema Bank PLC (Bloomberg: Wema NL) (“Wema’ or “the Bank”), announces its Unaudited Q3’2016 financial results. Reports 16.36% growth in gross earnings driven by a 20.12% and 16.79% in interest income and fees & commission income respectively. Managing Director/Chief [...]

1508, 2017

Wema Bank opens new branch in Maraba

August 15th, 2017|Categories: Press Releases|

LAGOS, NIGERIA – August 15, 2017 – Wema Bank Plc. (Bloomberg: WEMABANK: NL) Wema Bank, the pioneer of Nigeria’s first fully digital bank ALAT, is reinforcing its presence in northern Nigeria as it opened a new branch in Maraba, Nasarawa State. Maraba is growing rapidly as an economic hub, feeding off the Federal Capital Territory (FCT) as a result [...]

108, 2017

Wema Bank assures customers in the North of value-driven relationship

August 1st, 2017|Categories: Press Releases|

Wema Bank Plc., the innovative bank which recently launched ALAT, Nigeria’s first fully digital bank has assured customers in Minna of its commitment to working with them to ensure they achieve their financial and personal goals. Some management staff of the Bank led by the Managing Director and Chief Executive Officer Segun Oloketuyi were in Minna on Tuesday at [...]

2707, 2017

Wema Bank to Host Customers in Minna

July 27th, 2017|Categories: Press Releases|

Wema Bank Plc., the innovative bank which recently launched ALAT, Nigeria’s first fully digital bank is hosting its customers in Minna on Tuesday, as it continues to engage customers to improve service offerings. The Customer forum is aimed at intimating customers with the evolution of the Bank in the past 8 years. It will provide an opportunity for Wema [...]

1707, 2017

WEMA Bank Plc Unaudited Financial Results for the 6 months ended June 30th, 2017

July 17th, 2017|Categories: Press Releases|

Launched 1st Digital Bank in Nigeria on 2nd May 2017. Reports a 25.17% growth in gross earnings, driven by a 25.84% and 21.92% in interest and non-interest income. Year-on-Year PBT growth of 10% Managing Director/Chief Executive Officer’s Review Commenting on the results, the MD/CEO, Segun Oloketuyi provided further insights into the performance of the Bank during the period. In [...]

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