Fidelity Bank Nigeria

Fidelity Bank Plc (Fidelity Bank Nigeria) (NSE: FIDELITYBK) is one of the ten largest banks in Nigeria based on market capitalization (N60.3 billion at May 23, 2014). Fidelity provides a broad array of products and services including current and savings accounts, term deposit accounts, consumer and commercial loans, credit and debit cards, mortgages as well as trade finance, project finance, financial advisory services, guarantees & bonds issuance, money market and treasury services, cash management, online banking, private banking, diaspora banking and other services. With over 4,000 employees, the company operates through a network of over 170 branches across the country. Fidelity Bank Plc began operations on 3 June 1988, as a merchant bank. In 1999, it was converted to commercial bank and became a universal bank in 2001. On 17 May 2005, the Bank was listed on the Nigerian Stock Exchange. The current enlarged Fidelity Bank is a result of the merger with FSB International Bank and Manny Bank in December 2005. As of March 31, 2014, Fidelity had total assets of N1.043 trillion (US$6.4 billion), customer loans of N426.501 billion (US$2.6 billion) and customer deposits of N752.273 billion (US$4.6 billion).

 Financials (N billion, at December 31)

  2013 2012 2011 2010
Total assets 1,081.217 914.360 737.894 481.615
Total equity 163.455 161.455 146.073 136.178
Total revenues 63.843 72.340 37.525 38.451
Net income 7.721 18.200 2.842 5.976

Head Office address:
No 2, Kofo Abayomi Street
Victoria Island
Lagos, Nigeria
Phone number: +234 1-448-5252
Internet: www.fidelitybankplc.com

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