Wema Bank receives Best Financier for Women Entrepreneurs Award

At the Global SME Finance Forum Conference Awards 2024, Wema Bank Plc has been honoured with two awards of excellence. The event took place at São Paulo in Brazil. The bank has received SME Financier of the Year (Africa) and Platinum Award for Best Financier for Women Entrepreneurs (Africa).

Founded in 1945, the bank has its headquarters in Lagos with specialities in Digital Banking, Retail Banking, SME Banking, Corporate Banking, Digital Finance and Innovation. Besides, Global SME Finance Forum is the leading, technically oriented and geographically diverse platform of the world that is entirely focused on scaling SME financing globally.

Moruf Oseni, Wema Bank MD/CEO said, “MSMEs make up the bulk of Nigeria’s economy and they are critical to not only mitigating unemployment and other macroeconomic challenges but also promoting innovation and significantly boosting the economy towards national development.”

He added, “At Wema Bank, we recognise the potential that MSMEs hold as well as the challenges that threaten the maximisation of this potential, and we have made a lifelong commitment to providing viable, seamless, accessible, affordable, reliable and effective solutions tailored to the needs of businesses of all sizes across Nigeria; especially women-owned businesses. There is a rising need for intentionally inclusive empowerment strategies in not only stimulating growth in the SME sector but also bridging the gap in gender equality, and we have undertaken the responsibility of fulfilling that need.”