Corporate Profile

Wema Bank is the pioneer of Africa’s first fully digital bank, ALAT, and one of Nigeria’s most resilient banks. With decades of experience in the business of banking, the Bank has remained innovative in delivering value to its stakeholders. The publicly quoted Nigerian company has successfully built a legacy of trust and resilience that has won it the loyalty of its customers. The Bank is constantly introducing products and services tailored to the needs of its customers at every stage of their lives. It is a proud partner to more than one million individuals, families and businesses across Nigeria, helping them achieve their personal and financial goals.

A Mission For Every Day

If we were soldiers, this would be the mantra we scream before every battle. It is what we live for:

• To give every customer a delightful and memorable service experience.

A Vision Set In Stone

When people ask us what has kept us going for so long, our answer is always the same:

• To be the financial institution of choice in service delivery and superior returns.

Over the years, this has been our motivation to consistently deliver excellent service.

The Values We Live By

• Respect for everyone no matter their age, gender, religion, ethnicity or economic status.
• Working together despite personal differences.
• Excellence in all ways.
• Innovation for the good of people.
• A professional attitude, even under pressure.

Our Origins

From Humble Beginnings To An Award-Winning National Bank

We have grown as a bank and today, we own a nationwide network of branches and industry-leading technology.

From a small organisation known as Agbonmagbe Bank Limited way back in 1945 - the same year the Second World War ended, we transformed into Wema Bank PLC and kickstarted a new phase in our rise to prominence.

In January 1990, we were listed on the Nigerian Stock Exchange and while the world did stand up and take notice, our first major expansion would not come until February 2001 when the Central Bank granted us a universal banking license to offer a broader range of banking services.

Wema Bank became a regional financial powerhouse in 2009 and from there, it took us a short six years to achieve national relevance.

Today, not only are we Nigeria's longest surviving indigenous bank, we have also been celebrated globally for our resilience and unprecedented adoption of digital technology which led to the launch of ALAT, Nigeria’s first fully digital bank, as a revolutionary Wema Bank product in 2017.

Our over 150 business offices and digital platforms provide retail, SME, trade, treasury, business advisory and corporate banking services to millions of Nigerians and foreigners.

We are here for the long haul, and we will always do our best to maintain the highest standards of social responsibility, diversity and corporate governance.