Wema Bank PLC (NGX: WEMABANK)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
7.85
+0.05 (0.64%)
At close: Oct 11, 2024

Wema Bank Company Description

Wema Bank PLC provides banking and other financial services to corporate and individual customers in Nigeria.

The company offers current and saving accounts, HNIs, fixed deposits; card services, such as debit, credit, prepaid cards, and foreign denominated cards; consumer loans, including salary-based loan, car loans, as well as school fees advance, asset acquisition scheme, and personal loan; and E-banking services.

It also provides corporate banking services comprising overdraft, lease finance, term loans, agric finance, import finance, exchange rate, and global trade and correspondent banking services.

In addition, the company offers trade services, such as bills for collection, export processing, letters of credit, cross border payment, Small and Medium-scale Enterprises (SME) Form Q processing, bonds and guarantees, Form M processing, invisible transactions, and pre-arrival assessment report processing services.

Further, it provides agent banking, integrated revenue, retail management, and collection and payment services, as well as business support facility and SME loans; and corporate account and SME business advisory services.

The company was incorporated in 1945 and is headquartered in Lagos, Nigeria.

Wema Bank PLC
Country Nigeria
Founded 1945
Industry Commercial Banks
Employees 1,726
CEO Moruf Oseni

Contact Details

Address:
Wema Towers
Lagos
Nigeria
Phone 234 803 900 3700
Website wemabank.com

Stock Details

Ticker Symbol WEMABANK
Exchange Nigerian Stock Exchange
Fiscal Year January - December
Reporting Currency NGN
SIC Code 6020

Key Executives

Name Position
Moruf Oseni Chief Executive Officer
Bunmi Oladosu Chief Financial Officer
Tajudeen Bakare Chief Operating Officer