Wema Bank PLC 2018 AR2
The report highlights Wema Bank's financial and sustainability performance for the fiscal year 2018. Key achievements include the continued growth of ALAT, Africa's first fully digital bank, which helped acquire over 600,000 customers since its launch. The bank successfully integrated environmental and social risk management into its lending processes, screening over 600 loan requests. Wema Bank also implemented energy-efficiency measures, such as installing solar-powered ATMs and reducing paper usage by 80% through its online document management system. Additionally, the bank launched the iVolunteer program, engaging over 3,000 staff members in community development, financial literacy, and environmental cleanup initiatives.
Company: Wema Bank PLC
Sector: Financials
Country: Nigeria
Year: 2018
Type: AR2
Pages: 192
Wema Bank PLC
Annual Report & Accounts
The report highlights Wema Bank's financial and sustainability performance for the fiscal year 2018. Key achievements include the continued growth of ALAT, Africa's first fully digital bank, which helped acquire over 600,000 customers since its launch. The bank successfully integrated environmental and social risk management into its lending processes, screening over 600 loan requests. Wema Bank also implemented energy-efficiency measures, such as installing solar-powered ATMs and reducing paper usage by 80% through its online document management system. Additionally, the bank launched the iVolunteer program, engaging over 3,000 staff members in community development, financial literacy, and environmental cleanup initiatives.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Employees