fidelitybank

Fidelity Bank Boosts Share Capital to N36.7bn to Strengthen Growth & Market Position Fidelity Bank Plc has increased its issued share capital from N26.7bn to N36.7bn, following shareholder approval at its Extraordinary General Meeting (EGM) held virtually on Thursday. Key Highlights of the...

FIDELITY BANK PLC’S CONSOLIDATED AND SEPARATE FINANCIAL STATEMENTS FOR THE PERIOD ENDING JUNE 30, 2024, COMPARING THE GROUP AND BANK RESULTS FROM THE SAME PERIOD IN 2023. --- Key Financial Metrics: 1. Gross Earnings: Group (2024): ₦512,864 million Bank (2024): ₦505,259 million 2023 (Group &...

FIDELITY BANK PLC AND MASTERCARD PARTNERSHIP 1. Fidelity Bank Plc and Mastercard Partnership: - Fidelity Bank has teamed up with Mastercard to launch a new product named "Fidelity Send." - The initiative aims to improve cross-border payments and remittances in Nigeria. 2. Purpose of...

NDPC FINES FIDELITY BANK FOR DATA BREACH Incident Overview: - Fined Entity: Fidelity Bank - Fine Amount: N555.8 million - Reason: The fine was imposed due to breaches related to the bank’s customers' data. Regulatory Authority: - Enforcing Body: National Data Protection Commission (NDPC) -...

AFREXIMBANK PROVIDES FIDELITY BANK WITH $40 MILLION FOR THE ACQUISITION OF UNION BANK UK: 1. Transaction Details: - The African Export-Import Bank (Afreximbank) has disbursed $40 million to Fidelity Bank Plc. - The funds are designated for Fidelity Bank's acquisition and recapitalization...