Wema Bank Plc Customer Deposits Rise 30% to ₦3.28tn in 2025

Wema Bank Plc recorded strong deposit growth in 2025 with customer deposits rising by 30.1 percent year-on-year to ₦3.28 trillion, up from ₦2.52 trillion in the previous year.

The increase reflects improved deposit mobilisation across the bank’s retail and corporate segments and underscores a strengthening of its core funding base during the year.

The growth in customer deposits was a key driver of the bank’s balance sheet expansion, providing stable funding to support higher lending activity and increased investment in securities.

Total assets rose to ₦5.06 trillion as at December 31, 2025, supported by stronger liquidity and balance sheet optimisation.

Wema Bank’s deposit growth also coincided with a reduction in reliance on interbank funding, as deposits from banks declined to zero from ₦258.5 billion in 2024, signalling a shift toward more sustainable customer-driven funding.

The stronger deposit position enhances the bank’s liquidity profile and provides additional capacity to support credit expansion and operational growth in subsequent periods.