Customers entrust Wema Bank with N701.84bn deposits in 9 month

Customers entrust Wema Bank with N701.84bn deposits in 9 month

Customers of Wema Bank Plc entrusted the lender with N701.84 billion worth of deposits within the first nine months of 2020. According to the latest financial report for the Q3 2020 released recently by the lender at the Nigerian Stock Exchange (NSE), the figure represents 21.6 per cent increase above what obtained in the comparative period of 2019. The result also shows that Wema Bank grossed earnings of N57.83 billion for the period, indicating a decline of -10.8 per cent from the value recorded in the corresponding period of last…

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