Wema Bank Plc recorded sturdy deposit progress in 2025 with customer deposits rising by 30.1 p.c year-on-year to ₦3.28 trillion, up from ₦2.52 trillion within the earlier yr.
The rise displays improved deposit mobilisation throughout the bank’s retail and company segments and underscores a strengthening of its core funding base through the yr.
The expansion in customer deposits was a key driver of the bank’s steadiness sheet enlargement, offering secure funding to help larger lending exercise and elevated funding in securities.
Complete belongings rose to ₦5.06 trillion as at December 31, 2025, supported by stronger liquidity and steadiness sheet optimisation.
Wema Bank’s deposit progress additionally coincided with a discount in reliance on interbank funding, as deposits from banks declined to zero from ₦258.5 billion in 2024, signalling a shift towards extra sustainable customer-driven funding.
The stronger deposit place enhances the bank’s liquidity profile and gives further capability to help credit score enlargement and operational progress in subsequent durations.
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