Wema Bank seals deal with Petrolex on $300m Ibefun tank farm
Wema Bank Plc has acted as a financial partner to Petrolex, an indigenous, a oil and gas company, to seal deal on the $300million Ibefun Tank Farm , the largest in sub-Saharan Africa.
CeBIH raises stake on financial inclusion as 2020 target nears
The Committee of e-Business Industry Heads (CeBIH) has said it will focus more and critically re-examine the progress, current status and what needs to be done for the country to achieve the national financial inclusion target.
Are the youth responding to WEMA Bank?
Wema Bank is succeeding in capturing the hearts of the youth as the report shows a strong attraction by this age group as their ranking with them is much higher than the bank’s overall perception ranking of 14th.
Wema Bank may suspend N43b bond over high rates
The Executive Director, Folake Sanu, said the decline in the bank’s deposit portfolio was a deliberate effort to change the structure of deposit taking to curtail costs.
Wema Bank posts N54.25b gross earnings, N2.59b profit
For the financial year ended December 31, 2016, Wema Bank Plc has posted gross earnings of N54.25 billion and Profit After Tax (PAT) of N2.59 billion.
Wema goes digital, launches ‘ALAT’, targets three million customers
The Managing Director of Wema Bank, Segun Oloketuyi, while unveiling ALAT, said with the solution the bank targets growing its customer base from 1.5 million to three million, and revenue from...
Wema Bank takes financial inclusion to higher institutions
Wema Bank Plc is promoting healthy savings culture with its Purple Savings Account, which targets youths, especially new students from higher institutions across the country.
Wema Bank names Adebise DMD
The Board of Directors, Wema Bank Plc. has appointed Ademola Adebise as the Deputy Managing Director of the bank.