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operates a network of over 149 branches and service stations backed by a robust ICT platform across
Nigeria. Wema Bank today has become one of the Founding Signatories of the Principles and for Responsible Banking, committing to strategically align its business with the Sustainable Development Goals
441:
ALAT For
Business is the corporate version of ALAT. Wema ALAT for Business is an advanced corporate internet banking platform offered by Wema Bank. It is specifically designed to cater to the needs of corporate and SME customers. With ALAT for Business, you can access your business accounts, perform
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ALAT was launched on May 2, 2017 by Wema Bank Plc, a
Nigerian commercial bank. During its first year, ALAT by Wema acquired more than 250,000 customers responsible for well over NGN 1.6bn ($ 4.48m) in general deposits. In 2018, the bank closed in the NGN 1bn ($ 2.78m) mark in terms of deposits into
275:
The bank was established on May 2, 1945, as a private limited liability company (under the old name of
Agbonmagbe Bank Limited). The bank was founded on May 2, 1945 as Agbonmagbe Bank by the Late Chief Mathew Adekoya Okupe. He set up the first branches of the bank which were in Ebute-metta, Sagamu,
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Wema Bank launched the first fully digital bank in
Nigeria, ALAT By Wema, in May 2017. ALAT allows users to carry out all of their banking needs using a mobile phone, PC, or tablet without having to enter a physical bank.
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In
December 2015, Wema became a national bank, with a capital base of over N43.8billion having met the regulatory requirements for the National Banking license as stipulated by the Central Bank of Nigeria
255:. It is licensed by the Central Bank of Nigeria; the regulator of the nation's banking sector. As of 2019, Wema bank operates the largest digital banking system in Nigeria,
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Abeokuta and Ijebu-Igbo. The bank remained his until it was taken over by
Western Nigeria Marketing Board and later renamed Wema Bank Limited in 1969. Since then,
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has gone on to be
Nigeria's longest surviving indigenous bank. It was granted a commercial banking license and commenced banking activities during the same year.
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Please help improve this article by looking for better, more reliable sources. Unreliable citations may be challenged and removed.
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Dr (Mrs) Oluwayemisi
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529:"WEMA BANK Announces 108.3% Growth in Profit Before Tax and Total Assets Now Above ₦1Trillion"
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Wema Bank Plc. is a publicly-traded limited liability company, trading under the symbol
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664:"Nigeria's Wema Bank hopes to birth disruptive innovations through Hackaholics"
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converted to a public limited liability company in 1987. In 1990, the
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478:. The Hackaholics has become an annual event since inception.
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financial transactions, and manage your finances online.
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650:"Wema Bank boosts tech sector with Hackaholics"
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71:Learn how and when to remove this message
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470:Hackaholics – The Wema Bank Hackathon
419:Digital Transformation (ALAT By Wema)
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586:"CBN upgrades status of Wema Bank"
175:Dr (Mrs) Oluwayemisi Olorunshola,
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708:1945 establishments in Nigeria
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600:"Wema ALAT for Business"
488:List of banks in Nigeria
27:Nigerian commercial bank
636:www.newtelegraphng.com/
391:Other Private Investors
314:Nigerian Stock Exchange
290:Nigerian Stock Exchange
171:Chief executive officer
43:Some of this article's
604:www.bbankbusiness.com/
380:SW8 Investment Limited
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638:. September 24, 2019.
339:Percentage Ownership
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652:. 28 February 2019.
588:. 19 November 2015.
466:on Climate Change.
433:savings accounts.
222:Number of employees
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606:. August 10, 2023.
493:Economy of Nigeria
288:was listed on the
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191:Commercial banking
128:Financial services
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437:ALAT For Business
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369:Petrotrab Limited
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167:Managing Director
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533:. Retrieved
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508:Banks portal
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257:ALAT By Wema
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211:Total assets
147:Lagos Island
142:Headquarters
98:Company type
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18:ALAT By Wema
554:"Wema Bank"
150:Lagos State
145:54 Marina,
48:may not be
682:Categories
515:References
446:Leadership
161:Key people
137:2 May 1945
476:hackathon
459:Wema Bank
304:Ownership
282:Wema Bank
278:Wema Bank
238:.wemabank
108:Traded as
535:13 March
482:See also
462:and the
310:WEMABANK
294:WEMABANK
201:Services
183:Products
177:Chairman
124:Industry
118:WEMABANK
61:May 2024
50:reliable
428:History
312:on the
263:History
231:Website
204:Banking
154:Nigeria
134:Founded
116::
394:45.89
361:10.01
350:27.54
407:100.0
402:Total
383:8.02
372:8.54
226:3500+
537:2023
333:Rank
286:Bank
240:.com
236:www
114:NGX
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