Wema bags best SME, digital innovation honours

Wema Bank has been awarded Best Small and Medium Enterprise (SME) Bank in Nigeria and Excellence in Digital Innovation at the 2024 Global Retail Banking Innovation Awards.

These awards underscore the Bank’s commitment to empowering businesses and delivering transformative digital solutions that cater to evolving customer needs.

The Global Retail Banking Innovation Awards celebrate institutions that are reshaping the financial services landscape through impactful innovations and customer-centric approaches.

According to a statement by the bank, the awards highlights the bank’s exceptional support for SMEs, and recognises its success in pioneering digital experiences that redefine convenience and accessibility.

Commenting on the awards, Moruf Oseni, MD/CEO Wema Bank, expressed pride in the recognition.

He said: “Receiving these awards is a testament to Wema Bank’s dedication to innovation and our unwavering support for Nigerian SMEs. We are committed to delivering world-class banking solutions that empower our customers. These recognitions inspire us to keep leading the way in digital transformation, helping Nigerian businesses thrive in a competitive world.

“Through initiatives like accessible SME loans and tailored training programmes, Wema Bank strengthens the backbone of Nigeria’s economy by providing SMEs with essential resources to grow and compete effectively.

“These efforts affirm Wema Bank’s role as a leader in SME support, enabling businesses to contribute meaningfully to national development.“