Fidelity Bank Grows Pre-tax Profit by 34.7% to N37.8bn

Posted by - October 31, 2022

Fidelity Bank Plc’s pre-tax profit grew by 34.7 per cent to N37.8 billion in its nine months financial results for the period ended September 30, 2022. The bank’s results released on the Nigerian Exchange (NGX) showed that profit before tax grew from N28.1 billion at the end of Q3, 2021 to N37.8 billion under the

Fidelity Bank set to fully acquire Union Bank UK

Posted by - August 31, 2022

As part of its expansion plans, Fidelity Bank Plc has announced the commencement of its proposed acquisition of Union Bank UK. Fidelity Bank in a regulatory filing issued on the Nigerian Exchange Limited recently stated that it had entered into a binding agreement for the acquisition of 100 per cent equity stake in Union Bank

International Women’s Day 2022: Fidelity Bank Nigeria Donates 10 Million Naira To Dream Catchers Academy For Girls

Posted by - March 16, 2022

As part of its unwavering commitment to providing unrivalled support for women, Nigeria’s foremost financial institution, Fidelity Bank Plc. has pledged the sum of ten million naira to Dream Catchers Academy—a free educational and performing arts academy for orphaned and underserved girls. The announcement was made at the bank’s recently held International Women’s Day celebration

Fidelity Bank Ghana rewards 2021 Best Performing Agents

Posted by - January 24, 2022

Ghana’s largest privately-owned indigenous bank and the Ghanaian pioneer of agency banking, Fidelity Bank Ghana, has held a series of engagement forums for its Agents nationwide on the theme “Mitigating Risks in the Agent Banking Business”.  The engagement forums were held in Tamale, Kumasi and Takoradi with the final forum being held in Accra for

Fidelity Bank appoints Bammeke as Independent Non-Executive Director

Posted by - November 30, 2021

Fidelity Bank Plc has announced the appointment of Mrs. Morohunke Adenike Bammeke, as an Independent Non-executive Director of the bank, effective from November 18, 2021. This is according to a press release issued by the bank and signed by its secretary, Ezinwa Unuigboje, made available on the website of the Nigerian Exchange Limited (NGX). The

Fidelity Bank grows profit to N106bn H1’20

Posted by - September 4, 2020

Despite the economic challenges occasioned by the COVID-19 pandemic, Fidelity Bank has sustained the financial performance trajectory of recent years, with another set of impressive financial results. Details of the audited half-year results ending June 30, 2020 for the top Nigerian lender, released on the Nigerian Stock Exchange, NSE recently showed strong growth in profits

Mustafa Chike-Obi joins Fidelity Bank Board of Directors

Posted by - July 6, 2020

Fidelity Bank has appointed Mustafa Chike-Obi as its new Board Chairman. His appointment took effect on August 14, 2020, following approval by the Central Bank of Nigeria, after the expiration of the tenure of the current Chairman, Mr Ernest Ebi. This announcement was contained in a notice signed by the Company Secretary, Ezinwa Unuigboje, and

Banks curb Debit Card Withdrawal Overseas

Posted by - April 2, 2020

In a bid to ease foreign currency settlement risk, Nigerian banks are restricting the amount individuals can withdraw with their debit cards while abroad, bankers said recently. The central bank is battling to conserve dollar reserves that are down 16 per cent from a year ago after the Covid-19 outbreak triggered a sharp fall in