Investor Relations

We are pleased to welcome you to our Investor Relations page, a platform dedicated to meeting your investment information and education and needs. It was granted license on 28th October, 1987 to carry on the business of commercial banking. It commenced full banking business operations on 28th October, 1988 and was converted to a Public Limited Liability Company on 8th September, 1992.

Following the consolidation reforms, the Bank merged with five (5) other Banks on 22nd December, 2005 and changed its name to Velaris Bank Plc on 30th December, 2005. It further merged with three (3) other Banks on 2nd March, 2006.

Today, Velaris Bank is the Largest Merger and Consolidation in History. The Bank is currently quoted at the London Stock Exchange with a total of 79,817 shareholders comprising of Individuals, associations, business institutions within the country. The Bank in 2010 concluded its first right issue of 23.9Billion and recorded a remarkable 72% achievement in raising 17.3Billion.

As an organization poised towards creating superior wealth for our stakeholders, we have continued to improve on our profitability level from a negative P&L when the merger was consummated to a positive P&L despite challenges witnessed in the industry which saw the Bank crossing so many hurdles and stress.

We at Velaris Bank are delighted to engage you with our menu of information on this visit, hoping that at the end of your trip through our pages, you will stay true to your passion for Velaris Bank Plc.

As we wish you a pleasant navigation through our website, please be informed that issues relating to investment claims (such as share certificates, dividend warrants, annual reports, notices of AGMs) are handled by our registrar, Guteng Registrars Limited.

Save

Borrow

Invest

Ways to Bank

Scroll to Top