NEWS SEARCH ANALYSIS INSIGHT

360° SearchNetwork Hot Spots Trends

Advanced Search Options >>

Saturday, November 21, 2009 12:03 PM

Wema Bank Plc

Type: Company

Name: Wema Bank Plc (WEMA Bank PLC)

Fact Sheet: Fact Sheet for Wema Bank Plc

First Reported 11/16/2009 - Updated 11/16/2009 - 1 Documents

Deutsche Bank AG

CBN Appoints Advisers For Troubled Banks - Zibb.com

Companies: Deutsche Bank AG (DB), Union Bank Ltd (UBKFF)In furtherance of the banking reforms exercise aimed at ensuring the stability and soundness of Nigeria's banking industry, the Central Bank of Nigeria (CBN), has appointed advisers that will work ... [Zibb - 11/16/2009]

Entities: Unity Bank Ltd, Wema Bank Plc, Union Bank, Deutsche Bank AG

First Reported 11/18/2009 - Updated 11/18/2009 - 1 Documents

Nigeria: Wema Bank to Sell UTME Forms

Wema Bank PLC has been appointed by the Joint Admission and Matriculation Examination Board (JAMB) to sell its newly introduced on-line Unified Tertiary Matriculation Examination (UTME) application forms.The UTME is the only examination to be conducted ... [AllAfrica.com - 11/18/2009]

Entities: Wema Bank Plc, Nigeria, Prunus mume, Admission

First Reported 11/09/2009 - Updated 11/09/2009 - 3 Documents

CBN pushes agenda for cross border supervision of banks

The Central Bank of Nigeria (CBN) is seeking greater regional integration and modalities that could lead to cross boarder supervision of banks in the region. The Governor of the Central Bank of Nigeria, Lamido Sanusi was in Ghana to officially brief this ... [Ghanaian Chronicle - 11/09/2009]

Entities: Central Bank of Nigeria, Nigeria, Ghana, Bank of Ghana, Audition

First Reported 11/06/2009 - Updated 11/06/2009 - 2 Documents

Could the Nigerian Banking Crisis Impact On Gambian Branches?

Gambia: PublisherThe banking crisis which gripped Nigeria should not be seen from an isolated perspective. Now more than ever the Central Bank of the Gambia should do a comprehensive study of what happened in Nigeria with a view to developing its supervisory ... [AllAfrica.com - 11/06/2009]

Entities: Nigeria, Crisis, Unity Bank Ltd, Wema Bank Plc

First Reported 10/27/2009 - Updated 10/28/2009 - 2 Documents

Nigeria banks recapitalised soon, econ view bright-cbank

CAPE TOWN, Oct 28 (Reuters) - Nigerian banks are expected to be recapitalised as soon as possible and the near-to-medium-term outlook for Africa's second-biggest economy was positive, Central Bank Governor Lamido Sanusi said on Wednesday.Nigeria's banking ... [Reuters Africa - 10/28/2009]

Entities: Nigeria, Cape Town, Wema Bank Plc, Spring Bank Plc, Oceanic Bank International

First Reported 10/29/2009 - Updated 10/29/2009 - 1 Documents

Oceanic Bank International

CBN to begin talks with investors on banks

The Central Bank of Nigeria (CBN) will launch talks next week or two with investors interested in recapitalising financial institutions recently bailed out by the regulator. Nigeria’s banking sector was rocked in August when CBN initially injected N400 ... [Business Day Nigeria - 10/29/2009]

Entities: Nigeria, Cape Town, Wema Bank Plc, Spring Bank Plc, Oceanic Bank International

First Reported 10/29/2009 - Updated 10/29/2009 - 1 Documents

CBN Optimistic About Economic Outlook, Bank Recapitalisation

Nigerian banks are expected to be recapitalised as soon as possible and the near-to-medium-term outlook for Nigeria's economy was positive, Central Bank Governor Lamido Sanusi said on Wednesday.Nigeria's banking sector was rocked in August when the central ... [AllAfrica.com - 10/29/2009]

Entities: Recapitalization, Nigeria, Wema Bank Plc, Oceanic Bank International, Spring Bank Plc

First Reported 10/30/2009 - Updated 10/30/2009 - 1 Documents

CBN undertakes to pay banks foreign debts

ApettitArtsBlockBusterCEO MagazineCelebrity FashionCity SunCrime WatchCovert ChoiceCyberSunEducationEnterpriseEveryday HeroesExquisite Property Fashion & Celebrity Fashion & Beauty Favourite FileGood HealthHealth MagazineHow I writeLiterariLife Style ... [Daily Sun - 10/30/2009]

Entities: Me & My, Unity Bank Ltd, Wema Bank Plc, Spring Bank Plc, Trust Bank Limited

First Reported 10/31/2009 - Updated 10/31/2009 - 1 Documents

Banks suffer set back in move for refund of reform expenses

A MOVE by some banks to recover the expenses they incurred during the 2004-2005 consolidation programme has suffered a set back as the Central Bank of Nigeria (CBN) Governor, Sanusi Lamido Sanusi, has denied knowledge of their request.The plan to get ... [Nigeria Guardian - 10/31/2009]

Entities: International Bank, Trust Bank Limited, Sterling Bank, Skye Bank Plc

First Reported 11/02/2009 - Updated 11/02/2009 - 1 Documents

Nigeria seeks tenures for bank chiefs after bailout

KADUNA, Nigeria, Nov 2 (Reuters) - Nigerian regulators want to set limits on the length of time bank chief executives can serve to try to prevent a repeat of the lax governance which they say brought several institutions to the brink of collapse.The head ... [Forbes.com - 11/02/2009]

Entities: Nigeria, Kaduna, Bk ONE Corp, Unity Bank Ltd, Wema Bank Plc

First Reported 11/04/2009 - Updated 11/04/2009 - 1 Documents

More former Nigeria bank execs face charges after bailout

LAGOS, Nov 4 (Reuters) - Nigeria's anti-corruption police have accused two former Bank PHB (BPHB.LG) directors of mismanaging depositors' funds and frivolously granting credit in the latest trial of bank chiefs following a $4 billion bailout.Former Bank ... [Reuters - 11/04/2009]

Entities: Nigeria, Francis Atuche, Lagos (Nigeria), Wema Bank Plc, Spring Bank Plc

First Reported 11/05/2009 - Updated 11/05/2009 - 1 Documents

UPDATE 1-Nigeria bailout won't push deficit over 3pct -cbank

Nigeria has injected around 600 billion naira ($4 billion) into the banking system since mid-August after an audit found nine institutions were facing a grave liquidity crisis. 'In our estimation, the total cost of the bailout ... would still leave us ... [Interactive Investor International - 11/05/2009]

Entities: Mark John, Nigeria, Wema Bank Plc

Quotes

...unit, are expected to work with the banks' new management to explore 'all options for securing their stability and long-term future growth. "The CBN wishes to restate its determination at ensuring the stability of the banking sector within the shortest time possible" the regulator said in a statement...

Nigeria c.bank hires advisers for troubled banks [Interactive Investor International - 11/13/2009]

CBN, in sacking the CEOs, said the "special examination primarily focused on assessing the health of the banks with particular focus on liquidity, capital adequacy and corporate governance." Of the five identified, four were said to be 'in grave situation' but only three received the Sanusi treatment...

Then came another three [Africa Today - 11/11/2009]

...will survive in one form or another,' Sanusi said, adding they could raise capital either through public offers or mergers with a stronger bank. "If the merger involves some form of resolution cost, the federal government will be ready to bear some of that cost." Sanusi repeated that he was optimistic legislation could be in place by the end of the year to form an asset management company (AMC) which would free...

CBN - Bailout Won't Push Deficit Over 3 Percent [AllAfrica.com - 11/09/2009]

...detention of Atuche and Ololo last night and said some other debtors and bank chiefs sacked on October 2 will soon be quizzed by the commission. "It's an ongoing action. We will be inviting many bank chiefs and some debtors for interrogation. That's why we are in Lagos Babafemi said. A breakdown of the non-performing loans in the latest CBN list shows Bank PHB as having N170 billion; Spring Bank, N95 billion; ETB, N46 billion; Unity Bank, N37 billion; and Wema Bank, N101 billion."

Nigeria: EFCC Detains Atuche, Ololo [AllAfrica.com - 10/21/2009]

More Content

sort by: Date \| Relevance
Banks crisis: Asset Management Company to the r... [Daily Sun - 11/19/2009]
Nigeria: Wema Bank to Sell UTME Forms [AllAfrica.com - 11/18/2009]
CBN Appoints Advisers For Troubled Banks - Zibb... [Zibb - 11/16/2009]
CBN sets up task force for troubled banks - NDI... [Nigerian Tribune - 11/15/2009]
Nigeria c.bank hires advisers for troubled banks [Interactive Investor International - 11/13/2009]
Shareholders Get CBN Nod to Recapitalise Banks [AllAfrica.com - 11/13/2009]
Then came another three [Africa Today - 11/11/2009]
Nigeria: Real estate suffers as a result of liq... [Daily Triumph - 11/11/2009]
ASSBIFI may picket banks over members' sack [Nigeria Guardian - 11/10/2009]
CBN pushes agenda for cross border supervision ... [Ghanaian Chronicle - 11/09/2009]
Nigeria seeks tenures for bank chiefs after bai... [Namibian - 11/09/2009]
CBN - Bailout Won't Push Deficit Over 3 Percent [AllAfrica.com - 11/09/2009]
Bailout Won't Push Deficit Over Three Percent, CBN [AllAfrica.com - 11/09/2009]
N1.4bn fraud uncovered in Wema Banks subsidiary [Nigerian Tribune - 11/08/2009]
Could the Nigerian Banking Crisis Impact On Gam... [AllAfrica.com - 11/06/2009]
Nigerian banks position themselves for mergers [Reuters - 11/06/2009]
UPDATE 1-Nigeria bailout won't push deficit ove... [Interactive Investor International - 11/05/2009]
More former Nigeria bank execs face charges aft... [Reuters - 11/04/2009]
Haggle for Nigerian banks: Who tips the scale [Daily Sun - 11/03/2009]
Nigeria: Bank Debts - EFCC Recovers N171 Billion [AllAfrica.com - 11/03/2009]
Nigeria seeks tenures for bank chiefs after bai... [Forbes.com - 11/02/2009]
FG considers 3-yr tenure for bank MDs - Gets to... [Nigerian Tribune - 11/02/2009]
Banks suffer set back in move for refund of ref... [Nigeria Guardian - 10/31/2009]
EFCC goes after bank debtors [Daily Sun - 10/30/2009]
CBN undertakes to pay banks foreign debts [Daily Sun - 10/30/2009]
IMF forecasts recovery in Nigeria's economic gr... [Nigeria Guardian - 10/30/2009]
CBN Optimistic About Economic Outlook, Bank Rec... [AllAfrica.com - 10/29/2009]
Bad Debtors - Spring Bank Clears Dangote [AllAfrica.com - 10/29/2009]
CBN to begin talks with investors on banks [Business Day Nigeria - 10/29/2009]
Akaya, please provide purchase documents [Business Day Nigeria - 10/29/2009]

Change Password

Log in to Silobreaker

Advanced Search Options

Wema Bank Plc