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Wema Bank reopens Kaduna branch

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WEMA Bank holds EGM to embarks on capital reorganization

Wema Bank Plc says it has reopened its branch on Bida Road in Kaduna due to compelling business opportunities.

A statement issued on Thursday in Lagos, said Mr Segun Oloketuyi, the Managing Director/Chief Executive Officer of bank, made the announcement at the 2nd Kaduna Economic and Investment Summit (KADINVEST) in Kaduna.

The branch was shut following the scaling down of the bank’s operations in 2009.

Oloketuyi said, “While it is an immense pleasure to participate in KADINVEST personally and on behalf of Wema Bank, I also believe that the need for tangible investment in Kaduna State is now.

“As such, today the commencement of KADINVEST 2.0 also marks the opening of our Kaduna branch as we aim to further expand our footprint within the state in the medium to long-term.

“Wema Bank Plc is therefore pleased to be associated with KADINVEST.

“We remain committed to the growth of the state and furtherance of the governor’s economic agenda in ensuring that Kaduna State plays a critical role in a robust and truly diversified Nigerian economy.”

It was reported that Wema Bank operates a network of over 136 branches and service centres across Nigeria.

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