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Press Releases

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112, 2016

Wema Bank partners with Etisalat to launch Bespoke Account for Nigerian Youth

December 1st, 2016|Categories: Press Releases|

Wema Bank and Etisalat Launch Bespoke Account for Nigerian Youth Lagos, Nigeria, December 1, 2016: Wema Bank Plc, one of Nigeria’s foremost financial institutions, and Etisalat Nigeria have partnered to introduce WemaEasySavers, a Tier-1 savings account aimed at ensuring financial inclusion for more Nigerians, especially the youth. The newly launched WemaEasySavers is an easy to open and use account designed [...]

2801, 2016

Interswitch Pioneers Card Transaction Control With Wema Card Control

January 28th, 2016|Categories: Press Releases|

Africa’s fastest growing technology company, Interswitch Transnational has announced the launch of an innovative new solution for setting card transaction permissions and controlling transaction types and amounts. Known as ‘Transaction Control’, this revolutionary solution from Interswitch is a card based anti-fraud solution that automatically locks down a bank’s issued cards based on preset criteria. The fully customizable solution comes with [...]

1911, 2015

Wema Bank Obtains Final Approval for Commercial Banking License With National Authorisation

November 19th, 2015|Categories: Press Releases|

The Central Bank of Nigeria has granted its Final Approval to Wema Bank Plc to convert its Banking license from a Regional Bank to a National Bank. In 2010, Wema Bank downscaled to operate only within its core areas of business – South-South, South-West and FCT Abuja. Now, the Bank with a capital base of N43.8 billion has met the regulatory [...]

510, 2015

Wema Bank Unveils Service Charter

October 5th, 2015|Categories: Press Releases|

s part of the activities to kick off the 2015 Customer Service Week, themed ‘Everyday Heroes’, Wema Bank launched its Service Charter at the Wema Tower, 54 Marina Lagos, to affirm its promise to continually exceed customers’ expectations in service delivery. The Service Charter defines the standard of service that customers should expect. In his comments, Segun Oloketuyi, MD/CEO of [...]

2307, 2015

Fitch Rates Wema “BBB-“ (Short Term National Rating)

July 23rd, 2015|Categories: Press Releases|

Fitch Ratings-London- June 2015: Fitch Ratings has published Wema Bank Plc's (Wema) Long-Term Issuer Default Rating (IDR) of 'B-' with a Stable Outlook, Short-Term IDR of 'B' and Viability Rating (VR) of 'b-'. Fitch has also published Wema's Long-term and Short-term National Ratings of 'BBB-(nga)' and 'F3(nga)', respectively. Click here to view Fitch's Ratings.

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