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What is Wema Bank: History and Headquarters about?

Wema Bank was established in 1945 as Agbonmagbe Bank and was renamed Wema Bank in 1969 when it was taken over by the Western Nigeria Marketing Board. It converted to a public limited liability company in 1987 and was listed on the Nigerian Stock Exchange in 1990. As of 2019, Wema Bank operates the largest digital banking system in Nigeria and is headquartered in Lagos with a capital base of 43.8 billion naira.

Author

njoku daniel

Language

EN