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

Press Releases

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3103, 2017

DMD Ademola Adebise educates young people about savings

March 31st, 2017|Categories: Press Releases|

The Deputy Managing Director of Wema Bank Plc. Ademola Adebise has advised young people to imbibe a savings culture, which he said makes it easier to achieve set life goals and puts people on the path to attaining financial freedom. Adebise spoke at the Federal Government College (FGC), Enugu as Wema Bank celebrate the Financial Literacy Day 2017. Financial Literacy [...]

1602, 2017

Fitch Ratings affirms Wema Bank’s Long-Term National Rating at BBB- with a stable outlook

February 16th, 2017|Categories: Press Releases|

Fitch Ratings affirms Wema Bank’s Long-Term National Rating at BBB- with a stable outlook    RATINGS RATIONALE: Fitch Ratings, a global leader in credit ratings and research has affirmed the Long-term National Rating of Wema Bank at (BBB-). This is reflective of the Bank’s stable outlook and viability, in spite of the continued headwinds facing the country. In Fitch’s opinion, [...]

1901, 2017

Wema Bank appoints Ademola Adebise as Deputy Managing Director

January 19th, 2017|Categories: Press Releases|

Wema Bank appoints Ademola Adebise as Deputy Managing Director  LAGOS, NIGERIA – January 19, 2017 – Wema Bank Plc. (Bloomberg: WEMABANK: NL) The Board of Directors, Wema Bank Plc. has appointed Ademola Adebise as the Deputy Managing Director of the bank. The board announced this at a retreat held recently in Lagos. The Central Bank of Nigeria (CBN) has now [...]

1701, 2017

Wema Bank launches solar-powered mobile branch

January 17th, 2017|Categories: Press Releases|

Wema Bank Plc. has gone a step further in making banking convenient for its customers and Nigerians in general by launching a new mobile branch “Wema Bank on Wheels” that will be accessible to everyone in all parts of the country. The new truck where normal branch services are offered is also fitted with two automated teller machines (ATM), and [...]

1412, 2016

Dual Listing of Series (1) 7-Year 18.50% Fixed Rate Bond of WEMA Funding SPV PLC

December 14th, 2016|Categories: Press Releases|

Dual Listing of Series (1) 7-Year 18.50% Fixed Rate Bond of WEMA Funding SPV PLC LAGOS, NIGERIA – 14th December 2016 – Wema Bank PLC (Bloomberg: Wema NL) (“Wema’ or “the Bank”), announces the dual listing of its series (1) 7-year Bond under the N50,000,000,000 Wema Funding SPV Plc Debt Issuance Programme. The bond tenure is 7 years (due 2023) [...]

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