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Wema Bank Plc is a Nigerian-based financial institution offering a range of banking services, catering to retail, small and medium-sized enterprises (SMEs), and corporate clients. The bank provides services such as retail banking, SME banking, corporate banking, treasury services, trade services, and financial advisory services.
Wema Bank Plc is structured into distinct segments covering the South-west, South-South, Abuja, and Lagos zones. The bank's business solutions encompass corporate banking, trade services, and e-banking. In terms of investments and loans, Wema Bank offers various options, including overdrafts, term loans, import finance facilities, finance lease facilities, and agricultural finance.
The bank's trade services comprise letters of credit, bills for collection, bonds/guarantees, export processing, invisible transactions, funds transfer, Form M processing, pre-arrival assessment report (PAAR) processing, and SME Form Q processing. Additionally, Wema Bank provides SME solutions, including retail management, agent banking, and integrated revenue management, with specific SME loan products such as business support facilities, CBN SME Loan, and Other SME Loans.
For personal banking, Wema Bank Plc offers solutions such as fixed deposits, cards, consumer loans, and a variety of accounts and services. The bank is committed to delivering comprehensive financial services to meet the diverse needs of its clients.
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In today's trading session, the Nigerian Exchange Group (NGX) witnessed a bullish run, with the All-Share Index (ASI) appreciating by 2.38% to clo...
Leading commercial banks in the Nigeria have reported 132.1 percent rise in tax remittances to government in the nine months (9M’23) of 2023. ...
Leading commercial banks in the Nigeria have reported 132.1 percent rise in tax remittances to government in the nine months (9M’23) of 2023. ...
Wema Bank has rewarded winners of the ‘Wema Celebrates Teachers’ competition, an innovative campaign targeted at celebrating and rewa...
Wema has revealed its partnership with Assembly Hub on its business accelerator programme titled, “The Creative Class,” aimed at upsk...
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For the second quarter of the 2023 financial year, Wema Bank has recorded gross earnings of N50.035 billion, representing a 67 per cent increase ...
The Nigerian stock market closed the week with a negative result, as the total value of listed shares declined by N98 billion on Friday, 14th July 202...
The Nigerian stock market fell significantly on Tuesday as investors chose to cash in their winnings after a strong performance in the previous tradin...
Financial institutions have been urged by shareholders to work together to get regulators to reduce fines and other charges paid to them. The call ...
For the 2022 financial year, Wema Bank has revealed that its profit before tax grew to N14.74 billion. This represents a 19 per cent increase compa...
The appointment of Dr Oluwayemisi Olorunshola has been announced by the Board of Directors of Wema Bank Plc as its new Board Chairman. This is acco...
Wema Bank has announced the launch of ALAT alumni community, a virtual community exclusively designed for former employees of the bank. The a...
For the first quarter of 2023 financial period, Wema Bank Plc has disclosed that it recorded N39.35 billion gross earnings. This indicates a 3...
Wema Bank Plc has said its shareholders will receive a total dividend of N3.86 billion for the financial year ending December 2022, representing ...
