Fidelity Bank is on the verge of sourcing new capital allowing for issuance of over 3 billion shares, the tier 1-aspiring lender said Wednesday, a move that could further expansion plans …
Fidelity Bank
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Banking, Finance & InvestmentNigeriaWestern Africa
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Banking, Finance & InvestmentBusinessNigeriaWestern Africa
Fidelity Bank posts N25.1b H1 profit, proposes 10k interim dividend
Fidelity Bank Plc has posted Profit Before Tax (PBT) of N25.1 billion for its half-year (H1) 2022 operations, against N20.6 billion achieved in the corresponding period in 2021. Specifically, an …
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Banking, Finance & InvestmentBusinessNigeriaWestern Africa
Fidelity Bank witnesses a mid-year profit increase by 21%
On Tuesday, Fidelity bank was backed by the United states’ Global X Management announcing a binding agreement for full acquisition of Union Bank Uk, reported for the period from January …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessGlobal NewsNewsNigeriaWestern Africa
Fidelity Bank set to acquire Union Bank UK
Fidelity Bank Plc has entered a binding agreement to acquire a 100 percent equity stake in Union Bank UK Plc. The bank made this known in a corporate filing on …
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AfricaBanking, Finance & InvestmentBusinessNewsNigeriaWestern Africa
Fitch affirms 10 Nigerian Banks at ‘B’, Outlook Stable
Fitch, the global rating agency, has affirmed Long-Term Issuer Default Ratings (IDR) of 10 Nigerian banks at ‘B’ with a stable outlook. In a fresh report obtained from its website, …
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Business and EconomyNigeriaWestern Africa
Fidelity Bank disburses N100 billion loan to SMEs in H1, 2022
Fidelity Bank Plc has disbursed over N100 billion loans to Small and Medium Enterprises (SMEs) in the real sector in the first half of the year. The bank has also …