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Press Releases

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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.

2307, 2015

Wema Bank H1 2015 Results

July 23rd, 2015|Categories: Press Releases|

Wema Bank PLC (“Wema” or “the Bank”), announces Unaudited H1 2015 financial results. Results Highlights: Gross earnings of: N20.87 billion, up from N20.82 billion in H1 2014 Net Interest Income: N9.06 billion, down from N9.71 billion in H1 2014 Profit Before Tax: N1.17 billion, down from N1.70 billion in H1 2014 Other Operating Expenses of N4.98 billion, compared to N5.04 billion in H1 2014 Loans and Advances: N134.57 billion, [...]

3006, 2015

Nurudeen Fagbenro Retires as Executive Director, Wema Bank Plc

June 30th, 2015|Categories: Press Releases|

LAGOS, NIGERIA – June 2015 – Wema Bank Plc, (Bloomberg: WEMABANK: NL Reuters: WEMABANK: LG) announces retirement of Nurudeen Fagbenro, Executive Director, Wema Bank Plc. Nurudeen Fagbenro graduated from the University of Lagos in 1985 with a Bachelor of Science degree in Accounting. He joined Wema Bank as an Accounting Supervisor in 1986 and rose to become the Head of [...]

806, 2015

Wema Bank Increases Branch Network

June 8th, 2015|Categories: Press Releases|

LAGOS, NIGERIA – June 2015 – Wema Bank Plc, (Bloomberg: WEMABANK: NL Reuters: WEMABANK: LG) announces opening of two new branches in Lagos Wema Bank Plc, Nigeria’s longest surviving indigenous bank has increased its branch network with two new additions. This is in a bid to take business opportunities to the door steps of customers and achieve part of the [...]

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