Digital banking can increase financial inclusion –Bank CEO

The Managing Director/Chief Executive Officer, Wema Bank Plc, Ademola Adebise, has said the advancement of technology and digital banking can play a big role in driving financial inclusion in the country.

A statement said he spoke during the official opening of the bank’s branch at Constitution Avenue, Central in Abuja.

He said, “Wema Bank being in existence for the last seven decades is expanding its branches today here in FCT as it is not only the capital of Nigeria but also a business hub in the country with over 6,000 Small and Medium Enterprises asides the thousands of Micro businesses operating in the FCT.

“Similarly, the bank is leading in digital banking services since the launch of ALAT by Wema, an application that offers a comprehensive banking and other digital transaction options.”

Also speaking at the event, the Chief Finance and Strategy Officer of the Bank, Tunde Mabawonku, said the bank has been in operational for 30 years in the FCT. He added that the bank’s banking app has digitised banking experience and its customers are leveraging it to experience different types of services.