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Last 1.40 NGN
Change Today -0.03 / -2.10%
Volume 29.4M
As of 9:30 AM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

fidelity bank/nigeria (FIDELITY) Snapshot

Previous Close
Day High
Day Low
52 Week High
04/7/15 - 2.27
52 Week Low
02/18/15 - 1.13
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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fidelity bank/nigeria (FIDELITY) Details

Fidelity Bank Plc provides various banking and financial services to corporate and individual customers in Nigeria. The company operates in four segments: Retail Banking, Corporate Banking, Investment Banking, and Public Sector. It offers current, savings, term deposit, domiciliary, and money market accounts; cash management and bills payment services; cards and loans; online banking; foreign currency transfers; financial advisory services, such as asset management, estate planning, trustee advisory, pension funds advisory, tax planning services; and custodial and lifestyle services. The company’s corporate banking products and services comprise loans and advances, trade finance, working capital finance, project finance, asset finance, structured finance, syndicate finance, term loans, lease, guarantees and bonds issuance, franchise financing, letters of credit, money market and treasury services, distributors and suppliers finance schemes, corporate finance and advisory services, transaction banking, and cash management services. It also provides trade products and services; automated teller machines; and liquidity management and investment products, as well as supports small, medium, and large scale agriculture establishments through its Agri-Nigeria project. The company serves through a network of 224 business offices, 705 ATMs, and 3,858 point of sale channels. Fidelity Bank Plc was incorporated in 1987 and is headquartered in Lagos, Nigeria.

3,369 Employees
Last Reported Date: 04/17/15
Founded in 1987

fidelity bank/nigeria (FIDELITY) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

fidelity bank/nigeria (FIDELITY) Key Developments

Fidelity Bank Plc Announces Unaudited Earnings Results for the First Half Ended June 30, 2015

Fidelity Bank Plc announced unaudited earnings results for the first half ended June 30, 2015. The company represented a 0.5% increase, while the gross earnings, put at NGN 71.9 billion, showed 13.6% rise from NGN 63.3 billion achieved in the corresponding period of 2014. The company recorded increase in net fee income by 25.9% to NGN 15.2 billion from NGN 12.1 billion in the first half of 2014, while the operating income increased by 14.1% o NGN billion from NGN 8 billion in the period of 2014. The company reported profit before tax rise by 2.5% to NGN 9.7 billion from NGN 9.4 billion in 2014, while profit after tax moved to NGN 8.2 billion from NGN 8 billion in the comparable period of 2014, representing 2.5% increase.

Fidelity Bank Plc, H1 2015 Earnings Call, Jul 27, 2015

Fidelity Bank Plc, H1 2015 Earnings Call, Jul 27, 2015

Fidelity Bank Plc Announces Retirement of Executive Directors

Fidelity Bank Plc announced the impending retirement of three of its Executive Directors namely Onome Olaolu, Executive Director, Risk; John Obi, Executive Director, Corporate; and IK Mbagwu, Director, Lagos and South West. According to the bank, Onome Olaolu and John Obi will retire on June 30, 2015 while Ik Mbagwu has indicated his intention to proceed on early retirement with effect from July 31, 2015. The retirements are in accordance with the Bank’s Human Capital Policy and predicated on attainment of retirement age by the said Executive Directors. The retirements have been approved by the Board of Directors.


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