Fidelity Bank Plc. – Reviews and Ratings
It converted to a commercial bank in 1999, following the issuance of a commercial banking license by the Central Bank of Nigeria and then became a universal bank in February 2001. The current enlarged Fidelity Bank is the result of the merger with the former FSB International Bank Plc and Manny Bank Plc (under the Fidelity brand name) in December 2005.
Fidelity Bank is today ranked amongst the top 10 in the Nigerian banking industry, with presence in all the 36 States as well as major cities and commercial centres of Nigeria. Fidelity continues to rank among Nigeria’s most capitalized banks, with tier-one capital of nearly US$ 1 billion. It became a universal bank in February 2001, with a license to offer the entire spectrum of commercial, consumer, corporate and investment banking services.
In 2011, the bank was ranked the 7th most capitalized bank in Nigeria, the 25th most capitalized bank on the African continent and the 567th most capitalized bank in the world.
Fidelity Bank also enjoys the respect and partnership of a network of off-shore institutions with which it has correspondent banking, confirmation lines, credit and other relationships. These include, ANZ (United Kingdom), Afr-eximbank (Egypt), ABSA (South Africa), Commerce Bank (Frankfurt), Citibank (London and New York), FBN Bank (UK) Ltd, SCB (London), HSBC (USA) etc.
Over the years, the bank has been reputed for integrity and professionalism. It is also respected for the quality and stability of its management. Fidelity staffs are also respected in the Nigerian banking industry for the quality of training they receive on the job, as well as in good business schools both in Nigeria and Overseas.
Fidelity Bank has the vision “To be No. 1 in every market served and every branded product offered” and a mission “To make financial services easy and accessible.” They also have core values that can be represented by the acronym C.R.E.S.T. – Customer First, Respect, Excellence, Shared Ambition, and Tenacity.
Headquarters: 2, Kofo Abayomi Street, Victoria Island,Lagos, Nigeria
Contacts: 080034335489, 0800fidelity
Categories: Bank Reviews
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