
#21 | Fidelity Bank Plc |
---|---|
BSM Index | 61 |
YoY | +6 |
CEO | Nneka Onyeali-Ikpe |
Year Founded (in Nigeria) | 1988 |
Website | https://www.fidelitybank.ng |
Head Office | Fidelity Place, 2 Kofo Abayomi St, Victoria Island 100271, Lagos |
Nationality | NG |
Customer Base | 5 million customers |
Number of Branches | 250 business offices |
Annual Turnover | N36 billion |
Employees | 538 employees |
Marketing Budget | – |
Fidelity Bank is a full-fledged Commercial Bank (with International Authorization) operating in Nigeria. Quoted on the Nigerian Stock Exchange (NSE), Fidelity Bank Plc. began operations in 1988, as a Merchant Bank. In 1999, it converted to a Commercial Bank and became a Universal Bank in February 2001.
The Bank has a wide reach across all channels of distribution including 250 business offices and a robust digital banking platform. Focused on select niche Corporate Banking business segments as well as Micro, Small and Medium Enterprises (MSMEs), Fidelity Bank is rapidly implementing a digital based Retail Banking Strategy which has resulted in increased customer base and double-digit growth in Savings Deposits for 9 consecutive years. 56% of the Bank’s customers are enrolled on the Bank’s mobile/internet banking platform, while 90% of total customer transactions are now done on its electronic banking channels, making it one of the banks with the highest e-channel customers in Nigeria.
Fidelity Bank is reputed for integrity and professionalism. It is also respected for the quality and stability of its Executive Management team that is focused on building and maintaining a virile and widely accepted brand to cater to the needs of its growing clientele.
The bank was recently recognized as the Best SME Bank Nigeria 2022 by the Global Banking & Finance Awards. The bank has also won awards for the “Fastest Growing Bank” and “MSME & Entrepreneurship Financing Bank of the Year” at the 2021 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, among others.
In 2021, Fidelity Bank received the Citibank Straight-Through Processing (STP) Excellence Award for the 10th consecutive year, highlighting its efficiency in consummating international transactions with correspondent banks; as well as the Development Bank of Nigeria (DBN) Award for the Participating Financial Institution (PFI) with the highest disbursement in the DBN focused locations.
Fidelity Bank News
- Fidelity Bank Boosts Maternal Health with Maternity Kits Donation in Apapa February 18, 2025Leading financial institution, Fidelity Bank Plc, has donated maternity kits to... The post Fidelity Bank Boosts Maternal Health with Maternity Kits Donation in Apapa appeared first on Fidelity Bank Plc.masteradmin
- Investors Affirm Support for Fidelity Bank Plc with 238% oversubscription in the First Phase of Equity Capital Raise February 7, 2025Leading financial institution, Fidelity Bank... The post Investors Affirm Support for Fidelity Bank Plc with 238% oversubscription in the First Phase of Equity Capital Raise appeared first on Fidelity Bank Plc.masteradmin
- Fidelity Bank set to Launch Innovative SME Hub with Creative Studios February 6, 2025Fidelity Bank, a leading financial institution, has announced the imminent launch of... The post Fidelity Bank set to Launch Innovative SME Hub with Creative Studios appeared first on Fidelity Bank Plc.masteradmin

