Wema Bank generated N132.30 billion in revenue between January to December 2022, surpassing the N93.63 billion recorded during the same period in 2021.
This is a 41.29 per cent year-on-year growth, according to Wema Bank’s 2022 Annual Report and Statement of Account released on April 19.
Ripples Nigeria learnt the lender’s Net Interest Income rose to N54.22 billion in the review period. This is 35.9 per cent or N14.35 billion higher than the N39.87 billion posted by Wema Bank in the 12 months period in 2021.
