Wema Bank has been recognized as the Best SME Bank in Nigeria and awarded for Excellence in Digital Innovation at the 2024 Global Retail Banking Innovation Awards.

According to a statement released by the bank on Thursday, these accolades highlight its dedication to empowering businesses and providing innovative digital solutions that meet the changing needs of customers.

The Global Retail Banking Innovation Awards honor institutions that are transforming the financial services sector through significant innovations and a focus on customer-centric strategies.

In response to the awards, Moruf Oseni, Managing Director and Chief Executive Officer of Wema Bank, expressed his pride in this achievement.

He stated, “These awards reflect Wema Bank’s commitment to innovation and our steadfast support for Nigerian SMEs. We strive to offer top-tier banking solutions that empower our clients. This recognition motivates us to continue leading in digital transformation, enabling Nigerian businesses to succeed in a competitive environment.”

Wema Bank emphasized that while it celebrates this milestone, it remains dedicated to its mission of fostering sustainable growth for all its customers.