Fidelity bank Archives - Page 5 of 8

Business

Afreximbank supports Fidelity Bank’s acquisition of Union Bank UK with $40m

Afreximbank supports Fidelity Bank’s acquisition of Union Bank UK with $40m Afreximbank said it has disbursed 40 million dollars Intra-African Investment Facility to Fidelity Bank Nigeria Plc to support Fidelity Bank’s acquisition and recapitalisation of Union Bank United Kingdom. A statement issued by Mr Vincent Musumba, Manager, Communications and[Read More…]

June 10, 2024 by Eberechi Constance Comments are Disabled

Business

Fitch Upgrades Fidelity Bank’s Rating to ‘Positive’

Fitch Upgrades Fidelity Bank’s Rating to ‘Positive’ Fitch Ratings has revised the outlook on Fidelity Bank PLC’s LongTerm Issuer Default Rating (IDR) to Positive from Stable, while affirming the rating at ‘B-‘. The credit rating agency has also affirmed Fidelity Bank’s National Long-Term Rating at ‘A(nga)’ with a[Read More…]

June 10, 2024 by Eberechi Constance Comments are Disabled

Business

Fidelity Bank undertakes ₦29.6 billion rights issue, ₦97.5 billion public offer

Fidelity Bank undertakes ₦29.6 billion rights issue, ₦97.5 billion public offer Fidelity Bank Plc has concluded all necessary arrangements to raise a total of up to ₦127,100,000,000.00 (One Hundred Twenty-Seven Billion, One Hundred Million Naira) by way of a Rights Issue to existing shareholders and a Public[Read More…]

June 6, 2024 by Eberechi Constance Comments are Disabled

Business

Fidelity Bank outperforms banks, stock market with 507% gain in 5 years

Fidelity Bank outperforms banks, stock market with 507% gain in 5 years Investors in Fidelity Bank Plc have earned more than 507 per cent in capital gains over the past five years, ranking above all other major return benchmarks at the Nigerian stock market and the entire banking[Read More…]

June 3, 2024 by Eberechi Constance Comments are Disabled

Business

Fidelity Bank gets Highest Corporate Governance Rating on Stock Market

Fidelity Bank gets Highest Corporate Governance Rating on Stock Market Fidelity Bank Plc complies with the highest corporate governance standards as the leading commercial bank adheres promptly to all full disclosure requirements and global best practices. Fidelity Bank is awarded CG+, the highest rank under the[Read More…]

May 29, 2024 by Eberechi Constance Comments are Disabled

Business

Shareholders Throw Weight behind Fidelity Bank’s Recapitalisation Plan

Shareholders Throw Weight behind Fidelity Bank’s Recapitalisation Plan …Investors delighted with bank’s impressive performance Shareholders have expressed readiness to massively support and mobilise for the ongoing recapitalisation of Fidelity Bank Plc amid commendations for the impressive performance of the bank over the years. Shareholders were[Read More…]

May 27, 2024 by Eberechi Constance Comments are Disabled

Business

Fidelity Bank Distributes Food Packs to Families in Keffi

Fidelity Bank Distributes Food Packs to Families in Keffi Leading financial institution -Fidelity Bank PLC -has distributed food packs to women, widows, children, and the vulnerable in Keffi, Nasarawa State as part of its Corporate Social Responsibility (CSR) activities. Addressing newsmen in Keffi, Nasarawa state[Read More…]

May 20, 2024 by Eberechi Constance Comments are Disabled

Business

Fidelity Bank records a 120.1% growth in PBT to N39.5bn in Q1 2024

Fidelity Bank records a 120.1% growth in PBT to N39.5bn in Q1 2024 In line with its upward growth trajectory, leading financial institution, Fidelity Bank Plc, has posted an impressive 120.1% growth in Profit Before Tax from N17.9bn at the end of Q1 2023 to N39.5bn for Q1[Read More…]

May 2, 2024 by Eberechi Constance Comments are Disabled

Business

Fidelity Bank: Improved Share Price as Growth Indicator

Fidelity Bank: Improved Share Price as Growth Indicator When the management of the Nigerian Exchange Limited (NGX) in July 2023 announced that it was reclassifying Fidelity Bank Plc from small-price stock to medium-price stock, financial analysts concluded that the road to attaining Tier1 status by the bank is closer[Read More…]

April 26, 2024 by Eberechi Constance Comments are Disabled

Business

Fidelity Bank Commends Air Peace’s Performance

Fidelity Bank Commends Air Peace’s Performance ….celebrates Airline For The Commencement of the Lagos-London Route Fidelity Bank Plc has commended Air Peace’s performance since it commenced flight operations about 10 years ago. Dr. Nneka Onyeali-Ikpe, the Managing Director, Fidelity Bank Plc gave the commendation[Read More…]

April 25, 2024 by Eberechi Constance Comments are Disabled

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