Business News

Wema Bank Expands Operation To Abia

Wema Bank, the pioneer of Nigeria’s first fully digital bank ALAT, has opened a new branch in Aba, Abia State, in line with its strategic expansion plan following a national license granted the bank by the Central Bank of Nigeria in 2015.

The new branch offers the Bank the opportunity to strategically target the Eastern market via one of the region’s top commercial nerve centers.

Aba is the commercial capital of Abia state and one of the leading industrial cities in Eastern Nigeria. It plays host a large number of international and local traders as well as lucrative small businesses and manufacturing establishments and sits strategically in the middle of the Eastern region.

The new branch will look to attract a significant share of this market segment as well as individuals and businesses from neighboring cities within the region by offering a comprehensive range of banking services including deposits and loans, trade services, and payment, as well as cash management solutions. The branch also promises to offer customers the latest in banking technology through alternative channels offered by Wema Bank.

Wema Bank has also provided alternative channels to ensure those who are too busy to walk into the new branch can still bank with Wema using their electronic devices.

“Aba offers Wema Bank a strategic platform on which to grow our business in East,” Wole Akinleye, anExecutive Director, South Bank atWema Bank said during the official opening ceremony.

“We are committed to building a robust business offers the right mix of branch networks and digital channels which caters to all demographics within our target markets.”

The new branch located at 103 Azikiwe Road, Aba, Abia State is now open to customers.


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