Wema Bank Plc
One of the banks in Nigeria that has met the new capital requirement, merged from two banks: Wema Bank and National Bank
Wema Bank Plc is a universal banking institution incorporated in 1945 as a Private Limited Liability Company (under the old name of Agbomagbe Bank Limited) and commenced banking operations in Nigeria the same year. The Bank later transformed into a Public Limited Company (PLC) in April 1987 and was listed on the floor of the Nigerian Stock Exchange (NSE) in January 1990. On February 5, 2001, Wema Bank Plc was granted a universal banking licence by the Central Bank of Nigeria (CBN), thus allowing the Bank provide the Nigerian public with diverse financial and business advisory services. As a Bank of note with a distinctive industry brand, its bouquet of business services includes commercial and consumer banking, institutional banking, corporate finance, retail banking and trade finance operations, amongst others. The Bank maintains a broad client base covering government parastatals, small and medium-scale enterprises (SMEs), middle-tier to multinational companies and diversified business enterprises. Our clientele spans different sectors of the Nigerian economy – telecommunications, manufacturing, agriculture, food and beverages, oil and gas, industries, construction and a cross-section of the enterprising Nigerian public.
Address: 54 Marina, P.M.B. 12862 Lagos, Nigeria
Phone: +234 1 2711697/4613146-7
FAX: +234 1 2669236
