Home Business Wema Bank Submits 2020 AFS To CBN, Awaits Approval

Wema Bank Submits 2020 AFS To CBN, Awaits Approval

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The management of Wema Bank Plc said it has submitted Audited Financial Statement (AFS) for full-year ended December 31, 2020 to the Central Bank of Nigeria (CBN) and awaits approval.

The Company Secretary/Legal Adviser, Wema bank, Johnson Lebile in a statement on NSE on Tuesday said, “We are pleased to inform our shareholders and other stakeholders that following the approval of the audited financial statements of Wema bank for the year ended 31 December 2020 (2020 AFS) by the Board, the 2020 AFS will be submitted to the CBN for approval.

“The details of the audited accounts will be published upon CBN’s approval.

“Consequently, the closed period for trading in the shares of the Bank by its insiders which commenced from 10 February 2021 shall continue until 24 hours after the AFS for the year ended 31 December 2020 are released on the floor of the NSE.”

 

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