Fidelity Bank Plc is one of Nigeria’s most dynamic and resilient financial institutions, with a legacy that dates back to 1987 when it was incorporated and formally commenced operations in 1988.
Over the years, the bank has grown from a modest merchant bank to a leading commercial and international bank, securing a universal banking license in 2001 and international authorisation in 2011. Its transformation has been driven by strategic vision, operational discipline, and a deep commitment to customer service.
The bank made a defining leap in 2005 with the acquisition and consolidation of FSB International Bank Plc. and Manny Bank Plc.
This strategic move positioned Fidelity among Nigeria’s foremost financial institutions. Today, it proudly serves over nine million customers through more than 250 business offices, an expansive network of ATMs and POS terminals, as well as robust digital channels, including its subsidiary in the United Kingdom.
Fidelity Bank’s performance in recent years reflects its commitment to sustainable growth. Under the visionary leadership of its Managing Director and Chief Executive Officer, Dr. Nneka Onyeali-Ikpe, the bank has consistently delivered record-breaking results.
In the 2024 financial year, the bank posted an extraordinary profit before tax of ₦385.2 billion, representing a 210% increase, alongside an 87.7% rise in gross earnings to ₦1.04 trillion.
Deposits grew by nearly 48% to ₦5.9 trillion, while loans and advances expanded by over 41%, underscoring the bank’s role in fueling enterprise and economic development.
This exceptional performance has attracted recognition both locally and globally. Fidelity Bank was named Nigeria’s Best Private Bank at the prestigious Euromoney Awards for Excellence 2025, while also clinching the Most Improved Commercial Bank at the Nairametrics Capital Market Choice Awards.
Additional laurels include accolades for Best SME Bank in Nigeria, Excellence in Digital Transformation, Export Financing Bank of the Year, and Most Innovative Mobile App, reflecting its multidimensional impact across banking sectors.
Beyond financial metrics, Fidelity Bank has distinguished itself as a pioneer in sustainability and inclusive banking.
It became the first Nigerian bank to release an ISSB-compliant sustainability report, demonstrating its commitment to transparency, environmental stewardship, and good governance.
The bank also champions financial inclusion through targeted initiatives, such as HerFidelity, which aims to empower women with financial literacy, entrepreneurship support, and wellness programs. Additionally, it offers the Flex 100 Reward Scheme for students and digital outreach programs for underserved communities.
In line with its growth ambitions and Nigeria’s new recapitalisation requirements, Fidelity has launched a landmark ₦127 billion share offer further to strengthen its capital base, fund infrastructure projects, and expand its regional presence.
This strategic initiative ensures that the bank remains well-positioned to support Africa’s future growth.
Today, Fidelity Bank is not only as a financial powerhouse but also as a trusted partner in national development, innovation, and social impact.
With its blend of visionary leadership, groundbreaking achievements, and unwavering commitment to excellence, Fidelity Bank continues to set benchmarks in Nigeria’s banking sector and beyond.
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