Fidelity Bank Plc

Magistrate Lateef Owolabi of the Chief Magistrate Court, Ogba has committed to six weeks imprisonment, the  Managing Director of Fidelity Bank Plc., Nneka Chinwe Onyeali-Ikpe for disobeying a garnishee order restraining the…

Fidelity Bank Plc apparently found a solution to the general banking industry problem of the rising cost of funds in its third quarter operations when a subdued increase in interest expenses powered a 147 per cent advance in net interest…

The National Chairman of the Progressive Shareholders Association of Nigeria (PSAN), Boniface Okezie, has said that Fidelity Bank Plc heeded the warning of shareholders before the bank considered acquiring any bank.  He expressed…

The Board of Directors of Ecobank Nigeria Limited has announced the appointment of Ichie Orazulike as a Non-Executive Director. Orazulike, a seasoned business magnate, corporate administrator, and philanthropist is the Founder and Group…

Fitch Ratings has upgraded Fidelity Bank Plc’s long-term issuer default rating (IDR) from ‘B-’ to ‘B’, reflecting the bank’s increased creditworthiness. The rating agency also upgraded Fidelity’s National Long-Term Rating to ‘A(nga)’…

Fidelity Bank Plc on Monday announced the listing of a Series 1 N41.21 billion Fixed Rate Subordinated Unsecured Bond under its N100 billion Bond Issuance Programme.  The bank in a statement by Ezinwa Unuigboje, Company Secretary said…

Fidelity Bank Plc lost over N8 billion in gross income in the third quarter but ended the nine months of the year with profit improved by 7 per cent to over N20 billion. The revenue drop quarter-on-quarter changed the bank’s earnings story…

The Board of Directors of Fidelity Bank Plc has announced the appointment of Engr. Henry Ikem Obih as an Independent Non-Executive Director with effect from September 21, 2020 and Dr. Kenneth Onyewuchi Opara as an Executive Director. The…

Fidelity Bank Plc may record the biggest credit loss expenses since 2012 at the growth rate seen at the end of half-year operations. The bank’s audited accounts for the half-year ended June 2020 shows that the key factor that undermined…

AMINA HUSSAINI Fidelity Bank Plc recorded N1.4 trillion deposits between January and June 2020, according to the half-year performance report of the bank. This represents a growth of 14.8% over N1.2 trillion deposits…