By Jemimah Wellington, JKNMedia Reporter OVER THE past three years, Fidelity Bank (FB) Plc has achieved an average annual profit increase of 64%. This growth underscores its position as one of Nigeria’s fastest-growing banks. The bank’s customer base and assets have expanded rapidly, with the total balance sheet size increasing from N2.1 trill...
By Joke Kujenya FIDELITY BANK Plc plans to handle an oversubscription of its ongoing N127.1 billion rights and public offer. Investors have shown strong support, with early reports indicating high subscription levels. The bank offers N3.2 billion ordinary shares at N9.25 each in a rights issue and 10 billion ordinary shares at N9.75 each in [&...
By Joke Kujenya SOLIDIFYING its position as a paragon of corporate governance, Fidelity Bank Plc is noted to have been consistently meeting and exceeding the highest standards set by regulatory bodies. As a leading commercial bank, it has now been awarded the prestigious CG+ rating under the Corporate Governance Rating System (CGRS), which ass...
By Olaide Ajibola, JKNMedia Reporter TO ALLEVIATE hunger and support the vulnerable, Fidelity Bank PLC has distributed food packs to women, widows, children, and other at-risk groups in Keffi, Nasarawa State. This distribution is part of the bank’s ongoing Corporate Social Responsibility (CSR) activities under the “Fidelity Food Bank Initiativ...
By Joke Kujenya IN A BOOST to local healthcare and infrastructure, Fidelity Bank Plc has revitalized the Primary Healthcare Clinic in Workers Village, Tudun Amba Community, Lafia Local Government Area, Nasarawa State. Addressing the pressing issue of water scarcity, the bank also installed new water facilities to ensure a reliable water supply...
By Joke Kujenya INDEPENDENT investment advisory firms have singled out Fidelity Bank as a beacon of investment potential, lauding its path toward robust returns for stakeholders. Market analyses over the weekend stressed Fidelity Bank’s emergence as a standout stock, with esteemed firms Afrinvest Group, FSDH Capital, and CardinalStone am...
By Jemimah Wellington, JKNMedia Reporter FIDELITY Bank Plc, in its leading stride as a financial institution, known for its commitment to excellence and innovation, has announced a remarkable 120.1% growth in Profit Before Tax for the first quarter of 2024. The impressive financial results were revealed in the bank’s unaudited financial statem...
