Fidelity Bank Nigeria

Fidelity Bank Plc (NSE: FIDELITYBK) is one of the ten largest Nigerian banks based on assets and market capitalization (N26 billion at November 7, 2016). It provides a broad array of products and services including current and savings accounts, consumer and commercial loans, credit and debit cards, mortgages as well as trade finance, project finance, financial advisory services, money market and treasury services, cash management, online banking, private banking, diaspora banking and other services. With over 3,500 employees, the company operates through a network of about 240 branches and 750 ATMs 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 May 17, 2005, it 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 September 30, 2016, Fidelity had total assets of N1.396 trillion (US$4.5 billion), customer loans of N729 billion (US$2.3 billion) and customer deposits of N795.6 billion (US$2.5 billion).

Credit Ratings:
Fitch: B/B/Stable

 Financials (N billion)

  09/2016 2015 2014 2013 2012
Total assets 1,396.1 1,231.7 1,187.0 1,081.2 914.36
Customer deposits 795.592 769.636 820.034 806.32 716.749
Customer loans 729.023 578.203 541.686 426.076 345.5
Total equity 184.984 183.516 173.111 163.455 161.455

Correspondent Banks:
African Export Import Bank
Citibank N.A.
Commerz Bank
Deutsche Bank
HSBC, South Africa
Standard Chartered Bank

Head Office address:
Fidelity Place, 2 Kofo Abayomi Street
Victoria Island
Lagos, Nigeria
Phone number: +234 1 448 5252