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Fidelity Bank Plc (Nigeria)

Main Activities: Commercial Banking
Full name: Fidelity Bank Plc Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Fidelity Bank Plc began operations in 1988 as Fidelity Union Merchant Bank Limited. By 1990, it had distinguished itself as the fastest growing merchant bank in the country. However, to leverage the emerging opportunities in the commercial and consumer end of financial services in Nigeria, in 1999, it converted to commercial banking and changed its name to Fidelity Bank Plc. It became a universal bank in February 2001, with a license to offer the entire spectrum of commercial, consumer, corporate and investment banking services.

Headquarters
Fidelity Place, 2 Kofo Abayomi Street, Victoria Island, P.O Box 72439, Victoria Island
Lagos; Lagos;

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Website: http://www.fidelitybank.ng

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1987
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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2.46%
Subsidiaries
Union Bank Uk Plc
100%
Company Performance
Financial values in the chart are available after Fidelity Bank Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency NGN. Absolute financial data is included in the purchased report.
Net interest income
60.94%
Operating profit (EBIT)
112.88%
Net Profit (Loss) for the Period
102.23%
Total assets
21.6%
Total equity
10.19%
Total Assets Trend
2.66%
Net Interest Income Trend
N/A
Loans to Deposits Ratio
-0.44%
Loans to Asset Ratio
2.26%

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