Fidelity Bank Plc says it is touching lives and impacting positively on communities, with its Fidelity Helping Hands Project, an initiative that enables the bank and its staff to carry out corporate social responsibility interventions. The lender in a statement on Wednesday said a community in the North-East benefitted from the bank’s corporate philanthropy initiative. […]
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Organisers of the Sustainability, Enterprise and Responsibility Awards, otherwise known as The SERAS CSR Awards Africa has announced a list of 84 organizations that beat the deadline for the submission of entries for the 2017 edition. The list include Fidelity bank, GTbank, Diageo, Lafarge, Sahara Energy, Shell, Chevron, Tolaram group, 9Mobile, FCMB, FrieslandCampina, Multichoice, Access […]
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Pan-African banking outfit, United Bank for Africa (UBA) Plc, said it has made provisions on loans to 9mobile, the mobile operator formerly known as Etisalat Nigeria. The bank did not give details of the provision but said it had a ₦38 billion ($125 million) exposure to 9mobile. UBA said the exposure was secured. It can […]
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The Chief Executive of Nigeria’s Zenith Bank Plc, has said it has made a provision on 30% of its loan to 9mobile, the country’s fourth largest telecoms group formerly known as Etisalat Nigeria. The bank’s GMD, Mr. Peter Amagbo said: “We have taken about 30 percent … as a provision which we believe is very […]
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Fidelity Bank recorded strong financial performance in the first half of 2017, posting gross earnings of ₦85.8 billion in its audited results for the first half of 2017 Details of the results released at the Nigerian Stock Exchange (NSE) on Wednesday showed that the gross earnings rose by 22.1 percent from ₦70.3 billion in H1 […]
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Fidelity Bank Plc has been awarded the “SME Friendly Bank of the Year 2017” in recognition of its support for Micro Small Medium Enterprises (MSMEs) in Nigeria. The accolade, which was bestowed upon Fidelity Bank Plc at the 2017 Lagos Chamber of Commerce & Industry (LCCI) Awards, is a clear testament of the bank’s resolve […]
Read More Aside from its resolve to promote financial inclusion in Nigeria, Fidelity Bank Plc says it is targeting increased earnings following its partnership with the world largest payment network, Visa, on its mVisa new payment solution. mVisa is the first mobile payment solution that will operate through the use of the Quick Response code. Through this […]
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Fidelity Bank Plc. has rewarded 25 customers with gifts and cash prizes in the concluding draw of the “Get Alert in Millions” promo held in Lagos. In all, 13 lucky individuals won ₦20m while 12 individuals smiled home with consolation prizes such as generating sets and refrigerators. The promo which kicked off in August, 2016, […]
Read More Fidelity Bank Plc says it is building a new crop of young and talented workforce through its graduate recruitment scheme. The new inductees, who passed out of the Fidelity Crest Academy after a rigorous three months training programme, were admitted into the bank’s workforce on Friday. In a statement on Wednesday, the lender said the […]
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Out of the N220 billion earmarked for the Small and Medium Enterprises (SMEs) by the Central Bank of Nigeria (CBN), Fidelity Bank has so far disbursed N2.2 billion to the beneficiaries. According to its Managing Director, Mr. Nnamdi Okonkwo, who disclosed this Tuesday in Lagos during its radio programme, Fidelity SME Forum, which hosted Mrs. […]
Read More Fidelity Bank Plc grossed N152 billion in earnings for its 2016 financial year and is proposing to pay a dividend of 14kobo per share to shareholders. The full year audited results for the lender, released by the Nigerian Stock Exchange (NSE), show a 3.5 per cent per cent growth in gross earning, compared with N146 […]
Read More Fidelity Bank Plc yesterday reiterated its commitment to the entertainment industry. The bank’s Chief Executive Officer, Nnamdi Okonkwo, who disclosed this at the ‘Fidelity SME Forum’ monitored on Inspiration FM, said the lender has strategy for SMEs sector. The programme was attended by popular comedian, Atunyota Akporobomerere, whose stage name is Ali Baba. Okonkwo said […]
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