Wema Bank maintains growth in volume of transaction

The transactions of Wema Bank lately have shown that the bank is poised at making the difference in terms of returns on shareholders’ investments.
MADUKA NWEKE

The share price of the bank, which is rising has given reasons why the investors should smile with huge returns on investment.

As at April 11, 2007, the share price rose to N13.89, while pulling a total of 83,713,768-million shares worth N522.196-million exchanged in 703 deals.

The bank was recently appointed by Lagos State as one of the participating banks for its proposed scheme of payment of staff salary on-line.

David Adeagbo, head, corporate communications, said the appointment further attested to the operational efficiency of the bank in handling public sector accounts.

"Wema Bank, which is one of the five leading banks in the industry that set up Inter-switch Limited, has taken necessary steps to ensure a hitch free take off of the scheme scheduled for the end of this month."

He added that the bank was in a vantage position to make use of inter-switch facilities in addition to its newly acquired SUN FIRE E25K server and well-motivated workforce to render prompt on-line service to account holders.

Adeagbo also affirmed that the bank had put in place state-of-the-art facilities and up-to-date information technology to ensure that effective and efficient service were rendered to Lagos State public service workers.

He therefore urged workers in the Lagos State civil service to open accounts at any of its branches in the state for on-line payment of their salaries, pointing out that help (specially designated) desks had been set up to render effective services to them at all times.

To interact with stock experts/analyst and share your own ideas, quickly join to become member of nairakobo forum and started posting today. Registration is free.

nairakobo forum is an Investor's friend.

Once again, you are welcome to nairakobo forum..
see you there....