Wema Bank Plc Top Up With More Branch In Lagos

In a quest to continue its strategic expansion to meet customers’ demands, Wema Bank Plc has opened a new branch at Oregun, Lagos.

Brandnewsday gathers that Wema Bank in a statement disclosed that the new branch would fortify its business in line with its growth path.

Speaking on the development, the Executive Director Lagos Directorate, Wole Ajimisinmi: “The new branch follows our strategic growth plan as we are committed to expanding our services to places where there are compelling business opportunities. The bank’s position on this has not changed.”

Wema Bank Branches in Lagos

Similarly, the Nigerian bank has also begun some schemes to cushion the effect of the pandemic on individuals, businesses and communities.

As a response to the financial impact of the COVID-19 pandemic on businesses, one of the key initiatives the bank has taken to alleviate the financial strain of her borrowing customers is to suspend the loan repayments for small and medium scale enterprises (SMEs).

Loan repayments for small and medium scale enterprises (SMEs).

The bank’s Managing Director/Chief Executive Officer (CEO), Ademola Adebise, stated that “We are a caring bank, and we won’t relent in our efforts to continually initiate programmes that would be of immense benefit to our customers and their businesses.

“Considering it’s a continuous process of innovation for us at Wema Bank, we encourage our customers and everyone to look out for our initiatives, as I can assure you there is always something good from us for everyone.”

READ: Good Time: Wema Bank Rolls Out Loan Plans To Support SMEs, Schools

According to Wema Bank, we also launched collateral-free loan products to support its customers. The loan offering which is open to healthcare businesses, school owners, as well as those dealing in trading or commerce is available to the bank’s existing and new customers.”

Adebise further said: “As we critically pay attention to supporting players in the health sector, as a bank, we are also constantly looking into how we can support our customers financially. We hope individuals and business owners take advantage of these programs for their financial wellbeing and to help keep their businesses afloat.”

The bank is also set to reward its saving customers on the Royal Kiddies Account platform. As a drive towards supporting an early start to financial freedom, Wema Bank launched the Royal kiddies Account program, and now the Bank is set to reward its customers with school support funds in her 2020 Wema Educational Award.

By opening a new account or topping up with a hundred thousand naira on an existing Royal Kiddies Account, customers can easily gain eligibility to win the fifty thousand naira school support fund.

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