BANK OF AFRICA Group signs a memorandum of understanding with WEMA BANK, a Nigerian commercial bank, based in Lagos.

Casablanca, October 15, 2019

On 14th October 2019, Mr. Amine Bouabid CEO of BOA GROUP and Mr. Ademola Adebise CEO of WEMA BANK signed a partnership agreement in the presence of Mr. Brahim Benjelloun Touimi, BOA GROUP Chairman and other Group executives.

Mr. Bouabid acted on behalf of all BANK OF AFRICA subsidiary banks established across the African continent while Mr. Adebise signed for Wema Bank Plc. Under the terms of this agreement, the two parties commit to put in place a cooperation framework aimed at offering trade facilities for cross border operations (Nigeria with neighboring countries) for customers.

This agreement will enrich the business opportunities available to customers of the banks and bring greater flexibility and support by increasing their access to Nigeria. For more information read more.