#FidelityBank

Apr
30
2023
By Famous Reporters
Fidelity Bank Records Stellar Performance in FY 2022 • Declares total dividend of 50K per share

Fidelity Bank Records Stellar Performance in FY 2022 • Declares total dividend of 50K per share

Business, ,
Fidelity Bank Records Stellar Performance in FY 2022 • Declares total dividend of 50K per share   Fidelity Bank Plc, a leading financial institution released its 2022 Audited Financial Statements on the Nigerian bourse today. The results showed a 34.4% growth in Gross Earnings YoY to N337.1bn, driven by 45.2% growth in interest and similar income to N295.6bn. The increase in Interest Income was led by a combination of improved yield on earning assets and 19.1% YoY expansion in earnings base to N2.64trn. This led to a Profit Before Tax of N53.7 billion representing 112.9% annual growth. Commenting on the…
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Apr
23
2023
By Famous Reporters
Fidelity Bank launches the Food Bank Initiative nationwide

Fidelity Bank launches the Food Bank Initiative nationwide

NATIONAL NEWS, ,
Fidelity Bank launches the Food Bank Initiative nationwide As part of its initiatives to reduce poverty and alleviate hunger in the society, leading financial institution, Fidelity Bank Plc, recently launched a Corporate Social Responsibility (CSR) scheme tagged the Fidelity Food Bank.   Through the initiative, the bank would partner with carefully selected charity organizations across Nigeria to provide food items to members of the society monthly.   At an event held to officially launch the project at the Our Lady of Perpetual Help Catholic Church, Victoria Island, Lagos, MD/CEO, Fidelity Bank Plc, Nneka Onyeali-Ikpe said, “According to the Global Hunger…
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