Wema Bank plans N20bn bond issue this month

Wema Bank Plc, which aims to expand its branch network this year, is planning to issue N20bn ($63m) in bond this month, its Chief Finance Officer, Mr. Tunde Mabawonku, has said. The bank is issuing local currency bonds after scrapping plans last year to issue a $100m seven-year dollar bond because of currency risks. “We […]

Wema Bank plans N20bn bond issue this month

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