Wema Bank has moved to uplift customers’ welfare.
News Rain Nigeria gathered that one of the Nigerian first-generation banks, Wema Bank PLC has embarked on a number of schemes aimed at addressing the demands of its customers.
This was disclosed at the opening of a new branch of the bank in Oregun, Lagos. In a statement, the bank disclosed that the new branch, which is located at 41, Kudirat Abiola Way, Oregun, Lagos State, would strengthen its business in the state in line with its growth path.
Wema Bank On Customers’ Demand
According to the Executive Director Lagos Directorate, Wole Ajimisinmi, the bank has continued its strategic expansion to meet the demands of customers.
He said: “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.”
Meanwhile, in an earlier communication, Wema Bank’s Managing Director, Ademola Adebisi, 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 N100,000 on an existing Royal Kiddies Account, customers gain eligibility to win the N50,0000 school support fund.
Adebise spoke further: “We are a caring bank and we won’t relent in our efforts to continually initiate programs 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 always look out for our initiatives, as I can assure you there is always something good from us for everyone.”
News Rain Nigeria further learned that the rides on a series of initiatives that the bank embarked on are to cushion the effect of the pandemic on individuals, businesses, and communities.
As a response to the gruesome 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.
Also, in its continuous bid to support customers in the fight against the pandemic and its financial implications, the Bank launched collateral-free loan products to support its customers
The loan offering is open to healthcare businesses, school owners, as well as those dealing in trading or general commerce, is available to the Bank’s existing and new customers.