Wema Bank Plc says it has launched a solar-powered mobile branch to make banking services available to everyone in all parts of the country.

The bank’s Head of eBusiness, Mr. Damola Bolodeoku in a statement, said the mobile branch was fitted with two automated teller machines (ATM).

According to Bolodeoku, the mobile branch tagged: “Wema Bank on Wheels”, will bring convenient banking services to Nigerians at their door step in line with global best practices, using technology.

“We are taking banking services to Nigerians, no matter where they are. “Being an environmentally-responsible company, our mobile branch is powered by solar energy – a first in the Nigeria’s banking industry. “Banks around the world have often used mobile banking vehicles as a cost-effective service delivery channel as competition becomes stiffer.

“As such, every financial institution strives to provide their customers with the latest technology-driven services,” Bolodeoku said. Kemi Aina, Head, Customer Service Management, said the recent closure of the bank’s branch in Abule Egba due to road construction fast-tracked the mobile services.

Aina stressed that “Wema Bank on Wheels’’ would help to reach Nigerians who missed out through “our internet banking and USSD banking services.”

Already, Wema Bank’s new mobile branch has started generating good reviews.“Wema Bank’s mobile branch is solar-powered; no bank has done this in the Nigerian banking industry, and this makes Wema Bank on Wheels the most innovative product of 2016,” says Tope Dare, Head, Infrastructure Business Unit at Inlaks, a Lagos-based information technology company.

One of the major benefits Wema Bank would seek to derive from its new mobile branch is its ability to provide a visible banking presence with a lower facility cost, especially in underserved markets.


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