Thursday, January 20, 2011

Wema Bank Sets a New Capital Increase to N52.7 Billion

Wema Bank Plc of Nigeria  has said that it has recapitalised to the tune of N52.7 billion as one of the banks rescued by the Central Bank of Nigeria (CBN).


The Head, Corporate Communications of the bank, Mr. Tunde Olofintila disclosed this while interacting with Journalists said this yesterday that the bank's efforts to recapitalize would remain ongoing despite seeming crossing over the financial comfort zone.

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