Wema Bank PLC 2025 Annual Report with Sustainability Disclosures
The report outlines Wema Bank Plc's financial and sustainability performance for the fiscal year 2025, celebrating its 80th anniversary. The bank successfully completed a N200 billion capital raise, comprising a Rights Issue and Private Placement, to meet regulatory recapitalization requirements. In sustainability, the bank adopted IFRS S1 and IFRS S2 standards, expanded its solar-powered branches to 36, and reduced operational emissions by 998 metric tonnes of CO2e. Additionally, the bank disbursed N62 billion in uncollateralized loans to female MSMEs through its SARA proposition and expanded its agency banking network to 84,121 agents to drive financial inclusion.
Company: Wema Bank PLC
Sector: Finance & insurance
Country: Nigeria
Year: 2025
Type: Annual Report with Sustainability Disclosures
Pages: 248
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Wema Bank PLC
Annual Report
The report outlines Wema Bank Plc's financial and sustainability performance for the fiscal year 2025, celebrating its 80th anniversary. The bank successfully completed a N200 billion capital raise, comprising a Rights Issue and Private Placement, to meet regulatory recapitalization requirements. In sustainability, the bank adopted IFRS S1 and IFRS S2 standards, expanded its solar-powered branches to 36, and reduced operational emissions by 998 metric tonnes of CO2e. Additionally, the bank disbursed N62 billion in uncollateralized loans to female MSMEs through its SARA proposition and expanded its agency banking network to 84,121 agents to drive financial inclusion.
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Document Details
Report Year
2025
Reporting Period
Jan 1, 2025 - Dec 31, 2025
Fiscal Year
2025
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Women on Board
Women in Management
Employees