Press Releases
Wema Bank opens new branch in Maraba
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 [...]
Wema Bank assures customers in the North of value-driven relationship
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 [...]
Wema Bank to Host Customers in Minna
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 [...]
WEMA Bank Plc Unaudited Financial Results for the 6 months ended June 30th, 2017
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 [...]
Interview with Adewale Saka, Head Information Technology
In this interview, our Head of IT, Adewale Saka speaks about the impact of technology in the Nigerian banking industry and how we have leveraged on technology to improve our offerings. Adewale Saka speaks about the launch of ALAT, Nigeria's first fully digital bank in May. He believes banks in Nigeria will soon adopt the use of blockchain technology and [...]
WEMA Bank Plc Unaudited Financial Results for the 3 months ended March 31st, 2017
LAGOS, NIGERIA – 27th April 2017 – Wema Bank PLC (Bloomberg: Wema NL) (“Wema’ or “the Bank”), announces its unaudited Q1’2017 financial results. Reports 68% growth in Profit After Tax driven by a 27.69% and 78.79% in interest and non-interest income. Launching 1st Digital Bank in Nigeria on May 2nd 2017. Managing Director/Chief Executive Officer’s review [...]
