Category: Press Release

Fidelity Bank Announces Changes to its Board
Lagos Nigeria: May 01, 2020: Fidelity Bank Plc has announced its unaudited results for the three months ended March 31, 2020. Gross earnings for the period grew by 5.7% to N51.1 Billion from N48.4 Billion in the previous quarter. This performance follows the challenging business environment occasioned by the decline in economic activities and the attendant risks of the COVID-19 pandemic on various business sectors.
Lagos Nigeria, March 23, 2020: Fidelity Bank Plc has delivered another impressive full year result, sustaining the sterling financial performance that has been witnessed by the top lender in recent years. The bank’s FY 2019 results released on Monday at the Nigerian Stock Exchange (NSE), showed strong growth across key income and balance-sheet lines.  Gross Earnings grew by 14.0% to N215.5bn from N189.0bn in 2018, whilst Profit before tax rose by 21.0% to N30.4bn compared with N25.1bn recorded in the previous year.