Press Releases

Date Title
15 August 2017

Wema Bank opens new branch in Maraba

Wema Bank, the pioneer of Nigeria’s first fully digital bank ALAT, is reinforcing its presence in northern Nigeria as it opened a new branch in Maraba, Nasarawa State. Maraba is growing rapidly as an economic hub, feeding off the Federal Capital Territory (FCT) as a result of the continuous growth and expansion of administrative and economic activities of Abuja into neighbouring towns. The new branch is positioned to serve this burgeoning market. The new branch offers a comprehensive range of banking services including deposits and loans, trade services, and payment, as well as cash management solutions. The branch also promises to offer customers the latest in banking technology through alternative channels offered by Wema Bank.

05 February 2013

Wema Bank holds the 2nd edition of its Employee Wellness Initiative, "WEMAWALKS"

Wema Bank, as part of its employee wellness initiatives, held its 2nd Regional Fitness walk tagged, "WEMAWALKS", in Ibadan, South-West Nigeria. This comes on the heels of a similar effort in Lagos.

18 February 2013

Wema Bank Poised to Return to National Bank Status

Lagos - Wema Bank, Nigeria’s most resilient financial institution and oldest surviving indigenous lender, yesterday, announced plans to reapply for a National Banking License in view of a proposed tier 1 capital injection of around N35billion by December 2012.

19 February 2013

Wema Bank donates bus to LASU

As part of its support for education Corporate Social Responsibility (CSR) initiatives, Wema Bank Plc, donated a brand new 30 seater coaster Bus to Lagos State University.

24 August 2012

Wema Bank appoints 2 new directors …Tina Vukor ’Quarshie named first female Non-Executive Director

The Board of WEMA BANK plc has announced the appointment of Ms. Augustina Onehimare Vukor ‘Quarshie and Mr. Adeyinka Olatokunbo Asekun to its Board.

03 January 2013

Commissioning of Cocoa Mall, Ibadan’s Largest Shopping Complex, Holds… Financed By Wema Bank …As Wema Bank Restates Commitment To Viable Indigenous Businesses And Projects

Cocoa Mall,Oyo state’s largest retail mall development, financed by Wema Bank was commissioned at an event in the state capital, Ibadan alongside its sister mall, the Heritage Mall as part of the new Cocoa House Development. The Cocoa Mall complex was developed by Top Services ltd., an indigenous property development company in partnership with O’dua investment Company ltd.

01 February 2013

Wema Bank Launches Account products for Children and Young Adults

Wema Bank Plc has introduced Royal Kiddies and Purple Account to empower children and young adults educationally.

25 December 2012

Shareholders Approve Wema Bank’s Share Increase… Appoints New Chairman

Shareholders of Wema Bank plc, at their Annual General Meeting, approved the plans of the bank to raise its capital base to N35billion and also ratified the appointment of four new Non-Executive Directors, namely Mr. Adeyinka Asekun, Mrs. Tina Vukor’Quarshie, Mr. Samuel Durojaye and Chief Ayodele Awodeyi who were all appointed to the board during the year.

15 August 2017

Wema Bank opens new branch in Maraba

Wema Bank, the pioneer of Nigeria’s first fully digital bank ALAT, is reinforcing its presence in northern Nigeria as it opened a new branch in Maraba, Nasarawa State. Maraba is growing rapidly as an economic hub, feeding off the Federal Capital Territory (FCT) as a result of the continuous growth and expansion of administrative and economic activities of Abuja into neighbouring towns. The new branch is positioned to serve this burgeoning market. The new branch offers a comprehensive range of banking services including deposits and loans, trade services, and payment, as well as cash management solutions. The branch also promises to offer customers the latest in banking technology through alternative channels offered by Wema Bank.

05 February 2013

Wema Bank holds the 2nd edition of its Employee Wellness Initiative, "WEMAWALKS"

Wema Bank, as part of its employee wellness initiatives, held its 2nd Regional Fitness walk tagged, "WEMAWALKS", in Ibadan, South-West Nigeria. This comes on the heels of a similar effort in Lagos.

18 February 2013

Wema Bank Poised to Return to National Bank Status

Lagos - Wema Bank, Nigeria’s most resilient financial institution and oldest surviving indigenous lender, yesterday, announced plans to reapply for a National Banking License in view of a proposed tier 1 capital injection of around N35billion by December 2012.

19 February 2013

Wema Bank donates bus to LASU

As part of its support for education Corporate Social Responsibility (CSR) initiatives, Wema Bank Plc, donated a brand new 30 seater coaster Bus to Lagos State University.

24 August 2012

Wema Bank appoints 2 new directors …Tina Vukor ’Quarshie named first female Non-Executive Director

The Board of WEMA BANK plc has announced the appointment of Ms. Augustina Onehimare Vukor ‘Quarshie and Mr. Adeyinka Olatokunbo Asekun to its Board.

03 January 2013

Commissioning of Cocoa Mall, Ibadan’s Largest Shopping Complex, Holds… Financed By Wema Bank …As Wema Bank Restates Commitment To Viable Indigenous Businesses And Projects

Cocoa Mall,Oyo state’s largest retail mall development, financed by Wema Bank was commissioned at an event in the state capital, Ibadan alongside its sister mall, the Heritage Mall as part of the new Cocoa House Development. The Cocoa Mall complex was developed by Top Services ltd., an indigenous property development company in partnership with O’dua investment Company ltd.

01 February 2013

Wema Bank Launches Account products for Children and Young Adults

Wema Bank Plc has introduced Royal Kiddies and Purple Account to empower children and young adults educationally.

25 December 2012

Shareholders Approve Wema Bank’s Share Increase… Appoints New Chairman

Shareholders of Wema Bank plc, at their Annual General Meeting, approved the plans of the bank to raise its capital base to N35billion and also ratified the appointment of four new Non-Executive Directors, namely Mr. Adeyinka Asekun, Mrs. Tina Vukor’Quarshie, Mr. Samuel Durojaye and Chief Ayodele Awodeyi who were all appointed to the board during the year.

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September 19, 2017
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