Banking

Wema Bank raises N21bn capital, reaffirms commitment to rights issue

Wema Bank Plc has reaffirmed to shareholders that it will carry out the anticipated rights issue before the end of this year and that it has recently secured N21 billion in Alternative Tier-1 Capital in order to achieve its goal of N40 billion in capital base growth. According to Vanguard, the Wema Bank Plc’s managing director and chief […]