Tag
FIDELITY BANK PLC
Several media platforms have gone to town with the news of the Supreme Court ruling on a dispute between the defunct FSB International Bank and Sagecom Concepts Limited, with some of them questioning the ability of Fidelity Bank (the judgement debtor) to make the payment.
The Central Bank of Nigeria (CBN) has reaffirmed the resilience and safety of the country’s banking sector, following a wave of unverified reports on social media suggesting distress in a regulated financial institution.
Fidelity Bank on Monday has confirmed a subsisting Supreme Court judgement involving GCappa and Sagecom Concepts Limited, adding its computation puts the settlement figure at N14 billion.
In its recently published Q1 2025 financials, Fidelity Bank announced an impressive 23.38% year-on-year increase in letters of credit (LC) commissions, contributing to a broader 30.1% growth in non-interest income, which rose to N23.82 billion.
Fidelity Bank Plc, one of Nigeria's leading Tier-1 financial institutions, has announced a remarkable financial performance for the first quarter of 2025, recording a Profit Before Tax (PBT) of N105.8 billion, representing an impressive growth of 167.8% compared to N39.5 billion in Q1 2024.
Fidelity Bank Plc has reported a surge in pre-tax profit, reaching N107.77 billion for Q1 2025, a 167.79% year-on-year (YoY) growth.
Shareholders of tier one lender, Fidelity Bank, have applauded the board and management of the bank for delivering...
Fidelity Bank Plc has announced a pre-tax profit of N385.215 billion for the 2024 financial year that ended December 31, marking an impressive 210.01% year-on-year (YoY) growth.
Fidelity Bank Plc is making impressive strides on its path to fulfilling the recapitalization targets set by the...
Leading financial institution, Fidelity Bank Plc, has announced the successful conclusion of the first tranche of its equity...
Fidelity Bank Plc has announced an increase in its issued share capital with the addition of 20,000,000,000 ordinary...
The interest rate spread is the difference between the interest rates charged on loans and the interest rates...