Home/Media Center/Press Releases
Press Releases 2018-02-20T14:09:56+00:00

Press Releases

  • page-banner
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 [...]

1007, 2017

Interview with Adewale Saka, Head Information Technology

July 10th, 2017|Categories: Press Releases|

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 [...]

2704, 2017

WEMA Bank Plc Unaudited Financial Results for the 3 months ended March 31st, 2017

April 27th, 2017|Categories: Press Releases|

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       [...]

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, [...]

Wemabank Logo