Business Hilights

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Fidelity Bank Plc

Fidelity Bank flags off SME Funding Connect for businesses in Lagos, others

In keeping with its policy of driving growth in the informal sector, the management of Fidelity Bank Plc., has unveiled the Fidelity SME Funding Connect in Lagos. According to the bank, the idea is to serve as a catalyst in…

Fidelity Bank dolls out N2.6bn for 2,600 customers in promos in four years

Leading retail banking giant, Fidelity Bank Plc has in the last four year rewarded over 2,600 of its customers with over N2.6bn in series of promos and loyalty reward scheme to deepen the growth of Small and Medium Enterprises (SMEs)….

Fidelity Bank’s LDR already above recent CBN’s directive—ED

Leading retail banking giant, Fidelity Bank Plc has given out loans to Nigerian businesses over and above the latest limit 60 per cent Lending to Deposit Ratio (LDR) set by the Central Bank of Nigeria (CBN). Making the revelation on…

Fidelity, NIPOST to drive financial inclusion via agent banking nationwide

Leading retail banking giant, Fidelity Bank Plc, Thursday in Abuja, sealed agency banking partnership with NIPOST as part of drive to deepen financial inclusion across the country. Giving insights at the official launch of the Agency Banking Partnership with the…

Fidelity to rebuild main gate for BBA, deepen traders’ soft loans, security

Leading retail banking giant, Fidelity Bank Plc has stepped up its prevailing partnership with one of the largest Lagos trading group, the Balogun Business Association (BBA), Lagos International Trade Fair Complex. Speaking at a recent interface meeting with the BBA,…

Banks’ making more profits from fintech adoption than physical branches—Akano

Upon the trending fears that payment service providers relying on financial technology (FintTech) are becoming serious threats to conventional banks in Nigeria, latest findings have shown that banks earned more revenue in the last financial year from adoption of FinTechs….

AfDB describes Fidelity Bank as a niche player in the MSME sector, seals $50m deal

In clear understanding of its retail banking command, the African Development Bank (AfDB) has partnered Fidelity Bank Plc in sealing a $50m financing agreement aimed at the funding and promoting the growth of Micro Small and Medium Enterprises (MSME) in…

How Fidelity Bank simplified digital banking transaction without data need

The Managing Director/CEO, Fidelity Bank Plc, Nnamdi Okonkwo, has given insights on how the bank has effectively simplified banking digitization to accommodate customers that are yet to access stmartphones. In his address at the recent Annual General Meeting (AGM), he…

Fidelity Bank cruising steadily to joining league of Tier 1 banks—CEO

The Managing Director/CEO, Fidelity Bank Plc, Nnamdi Okonkwo has averred that the financial institution is comfortably on its way to joining the Nigerian Tier I banking group considering the steady progress it is making in driving a five-year strategic plan….

Fidelity Bank appoints new 3 EDs to drive next growth phase

In line with its corporate realignment and repositioning for the next growth phase, the Board of Directors of Fidelity Bank Plc has announced the appointment of three new Executive Directors (EDs). The Board which met in Lagos recently, approved the…