Wema Bank
Nigeria
Founded in
1945 (81 Years)
Founded
Last online: No recent activity
OVERALL SCORE
Others
3/10
Reviews
57/90
60 reviews
Provided by TrustFinance
OVERALL SCORE
Others
3/10
Reviews
57/90
60 reviews
Provided by TrustFinance
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Security Information
Warning
This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.
Company Information
Get to know Wema Bank
Company Information
Get to know Wema Bank
Founded in 1945, Wema Bank Plc is Nigeria's longest-surviving indigenous bank. Originally established as a private limited liability company, it became a Public Limited Company in 1987 and was listed on the Nigerian Exchange Group in 1990. After operating as a regional bank for a period, it upgraded to a National Banking license in 2015, allowing it to operate in all parts of Nigeria. The bank is renowned for its innovation in the digital space, having launched ALAT, Africa's first fully digital bank, in 2017. Its mission is to empower lives through innovation and provide tailored financial solutions to its retail, commercial, and corporate customers.
Industry
- Financial BankingPRIMARY
- Financial Other Service
- Financial Payment
Contact
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Social
Reviews
Highlight Review
Review Analytic
A
Aderibigbe Yusuf
Direct
Great
Overall Thought
WEMA Bank has consistently impressed me in my fictional experience as a financial institution. Their strong commitment to security, evidenced by robust measures in place, ensures the safety of my financial transactions and data.One standout aspect of WEMA Bank is their customer service. Their team is not only responsive but also knowledgeable and courteous. They have consistently gone the extra mile to assist me with various banking inquiries.In terms of ease of use, WEMA Bank truly excels. Their mobile app and online banking platforms are user-friendly and intuitive, allowing for seamless management of accounts and transactions.Overall, WEMA Bank provides a secure, customer-focused, and user-friendly banking experience that has made them my preferred choice for financial services in my fictional scenario.
Aug 29, 2023
Chidera Okpara
Direct
Excellent
Overall Thought
Wema Bank is a great choice for anyone looking for a reliable and innovative banking partner. Wema Bank offers a range of products and services that cater to the needs of individuals, businesses and SMEs. Wema Bank is also the pioneer of Africa's first fully digital bank, ALAT, which provides a seamless and convenient way to bank online. I highly recommend Wema Bank to anyone who wants to enjoy the best of banking.
Aug 28, 2023
A
kelvinemeke50
Direct
Excellent
Overall Thought
This is my world best bank, because they possess all the features I needed in a bank and they are very fast in transaction process, I have never experienced and loss ever since I have been banking with them and they have a good customer service, and also a good security
Aug 26, 2023
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