Tag Archives: Wema Bank

Wema Bank Plc, has launched a comprehensive Hospital Management Solution System designed to enhance day-to-day operations of hospitals in Nigeria by digitizing core administrative processes and patient data management in medical centres. The Hospital Management Solution System is a one stop-shop single technology platform that enables patients makes payment (Cash or card) at various cash points. It improves the daily …

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Wema Bank Plc has grew its profit after tax by 28.84 percent, from N1.218 billion in 2017 to N1.569 billion in 2018, thus making the bank which prides itself as a leader in digital banking in Nigeria being able to sustain its earnings performance for the period ended June 30, 2018. According to the bank’s Q2 financial posted on the website …

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Wema Bank Plc, Nigeria’s longest serving indigenous Bank and pioneer of Africa’s first fully digital bank ALAT, has introduced agent banking in Kano as it seeks to deepen its retail footprint across informal economic sectors of the North-Western states and to drive financial inclusion within the entire northern region of the country. Agent Bank is a cost-effective medium employed by …

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As a financial institution committed to wealth creation, Wema Bank plc, pioneer of Africa’s first fully digital bank ALAT, has sponsored a number of small and medium scale businesses to a capacity building training on creating sustainable wealth which was organized by PwC in Lagos. Wema Bank, keen to grow the capacity of small businesses and build lasting relationships that …

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Wema Bank Plc., Nigeria’s innovative Bank which pioneered the country’s first digital bank ALAT has announced that it is taking some of its customers to Russia this June. The promotion, which will reward a selected number of customers have saved at least N100,000 in their Wema Savings Accounts or ALAT Account over a period of 30 days with a trip …

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Wema Bank Plc has defaulted in failing its 2017 audited financial statement for the year ended 31st December 2017, to the Nigerian Stock Exchange (NSE), citing no-obtaination of necessary approvals as reason for the delay. In a statement of notice published on the NSE’s website, signed by the bank’s Chief Financial Officer CFO), Tunde Mabawonku, it explained that the failure …

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Customers of ALAT, Nigeria’s first fully digital bank are set to enjoy the best of times with the Bank that is committed to understanding their needs and offering them great deals. The Bank which recently celebrated 100,000 accounts after just 5 months of operation, is offering its customers discounts of up to 30 percent on purchases made with its cards. …

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FMDQ OTC Securities Exchange has welcomed the commercial paper (CP) programme registration of Wema Bank PLC – the Wema Bank ₦50.00 billion CP Programme, to its platform. This CP Programme registration strategically positions Wema Bank PLC to easily and quickly raise short-term finance from the debt market at a time in the future it determines suitable, through CP issues, within …

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… Babatunde Kasali appointed as New Chairman New Chairman, Mr. Babatunde Kasali.   Wema Bank Plc. has announced the resignation of its Chairman, Mr. Adeyinka Asekun from the Board of the bank following his appointment, and confirmation by the Senate as an Ambassador of the Federal Republic of Nigeria. Mr. Asekun whose resignation was announced at the bank’s board meeting …

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WEMA Bank Plc has launched its full digital banking service, named ‘ALAT’, which it says, signifies the beginning of a revolution in the banking industry; one where the needs of customers are met using technology to provide cheaper, faster and better services. At the moment, a large part of banks’ digital initiatives looks at delivering existing services cheaper, faster and …

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