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
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
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 in partnership with MTN MoMo has upgraded its Y’ello Save Account with a savings plan feature to encourage customers to adopt the habit of saving. The upgrade offers customers the opportunity to set up a standing instruction on their Y’ello Save Account to automatically debit a specified amount of money from their MoMo
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 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
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
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
Fidelity Bank has reiterated its commitment to continuous customer engagement by unveiling ‘Mother’s Day Facebook Game’ for its existing and prospective customers to enable them to win up to ¢2,100 reward per participants for their mothers. The Mother’s Day Game takes comes off on Sunday, May 10, from 10 am to 4 pm. On the
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
