AfDB approves $50m facility for Fidelity Bank

The African Development Bank has approved a US$50 million line of credit to Fidelity Bank Plc to support small and medium-sized, and women-owned enterprises in selected transformative sectors. The credit will also be accessible to close to 100 SMEs in manufacturing, health and education. According to a statement obtained from AfDB , the credit was […]

No dividend for Fidelity Bank’s shareholders on marginal growth

Shareholders of Fidelity Bank Plc no shareholder will receive dividend payout from the bank for the half year operation period ended June 30, 2018, the bank’s financial statement has revealed. This is despite the fact that the financial institution’s Earnings Per Share (EPS) appreciated by 31.06 percent from previous half year’s N0.31kobo to current half […]