Fidelity Bank Plc- Top50 Brands 2025
Fidelity Bank Plc
Year of Establishment | Incorporated in 1987; began operations in 1988; converted to a commercial bank and public limited company in 1999; Universal Banking Licence in 2001; International Banking License in 2011 |
Website | |
Headquarters | 2, Kofo Abayomi Street, Victoria Island, Lagos, Nigeria |
MD / CEO | Dr. Nneka Onyeali-Ikpe |
Number of Branches / Operations Presence | Over 250 business offices across Nigeria and the UK subsidiary (FidBank UK) |
Areas of Interest | Commercial banking, SMEs, retail and corporate banking; digital innovation and financial services |
Countries of Operation | Nigeria (primary) and UK through FidBank UK Limited |
Annual Turnover (Gross Earnings) | ₦1.043 trillion in 2024, up 87.7% YoY; Profit Before Tax (PBT): ₦385.2 billion; Profit After Tax (PAT): ₦278.1 billion |
Number of Staff | Data not publicly disclosed |
Marketing Budget | Not publicly disclosed |
Contact Address | 2, Kofo Abayomi Street, Victoria Island, Lagos, Nigeria |
Best Known As | A tech-forward, SME-focused Tier-1 bank, recognized for digital excellence, consistent dividend payouts, and market resilience |
Fidelity Bank Plc has become one of Nigeria’s most trusted and customer-centric financial institutions, known for its innovative banking solutions, commitment to financial inclusion, and strong support for individuals and businesses across the country. Established in 1988, Fidelity Bank has steadily built a reputation for reliability, innovation, and sustainable growth in Nigeria’s competitive banking sector.
The bank offers a comprehensive range of services, including retail banking, corporate banking, SME solutions, treasury and investment services, and digital banking platforms. Its suite of digital solutions, such as PayGate Plus, Fidelity Mobile App, and the Fidelity International Trade & Creative Connect (FITCC) initiative, have revolutionized banking for consumers and businesses, providing convenience, security, and accessibility.
The Bank’s success extends beyond its innovative products, it has demonstrated strong financial performance, reporting a profit after tax of N99.5 billion in 2023, with earnings per share of 311 kobo, reflecting robust growth and operational efficiency. Its strategic acquisition of Union Bank UK in 2023 further shows its ambition to expand its footprint internationally and provide scalable services to a growing customer base beyond Nigeria.
The bank’s commitment to sustainability and corporate responsibility can be seen in its pioneering publication of a Sustainability and Climate Report compliant with International Sustainability Standards Board (ISSB) guidelines, making it the first Nigerian bank to achieve this milestone. Fidelity Bank also invests in community development, youth empowerment, financial literacy programs, and entrepreneurship initiatives, ensuring that its impact goes beyond financial services to meaningful societal contribution.
Over the years, Fidelity Bank has received numerous awards and recognitions, including Export Finance Bank of the Year 2023, top rankings in SME, corporate, and retail banking customer satisfaction surveys, and recognition for its impact on startups. These recognitions reflect its unwavering commitment to service excellence, innovation, and positive social impact.
Fidelity Bank’s brand promise of “Banking that Matters” perfectly captures its mission to deliver reliable, innovative, and inclusive banking solutions that empower individuals, support businesses, and contribute to Nigeria’s economic growth. The bank has been consistently rated as one of Nigeria’s Top 50 Banks in this annual evaluation, reinforcing its position as a leading financial institution in the country.
