Fidelity Bank Plc provides various banking products and services to corporate and individual customers in Nigeria. It operates through Retail Banking, Corporate Banking, and Investment Banking segments. The company offers current, savings, fixed deposit, domiciliary, term deposit, flex, bridge, vintage, and small business accounts; asset leasing, personal loans and mortgages, fast loans, and salary advance schemes; bills settlement, and cash and asset management services; treasury bills, fixed income securities, and foreign exchange and derivatives, and safe deposit keeping services; and advisory, insurance, investment management, estate planning, wire transfer, and tax planning services. Its corporate banking products and services comprise overdraft and advances, trade finance, bonds and guarantees, receivables discounting and factoring, distributor and suppliers financing, asset based financing, corporate and project finance, collection, payment solutions, treasury and liquidity management, relationship management, transaction and business advisory, and corporate account management. In addition, it offers commercial support overdrafts and short term loans, and development finance loans; agriculture banking services; and equipment leasing, online banking, mobile app, instant banking, point of sale terminal, online payment, and ATM services, as well as cards. Further, it provides private banking and collection of deposit services. The company was formerly known as Fidelity Union Merchant Bank Limited and changed its name to Fidelity Bank Plc in 1999. Fidelity Bank Plc was incorporated in 1987 and is based in Lagos, Nigeria.
Nigerian Market Performance
7D7 Days: 6.8%
3M3 Months: 35.1%
1Y1 Year: 50.8%
YTDYear to Date: 39.4%
Over the last 7 days, the market has risen 6.8%, driven by gains of 16% in the Materials sector. Meanwhile, the Utilities sector has underperformed, shrinking 4.1% in that time. The market is up 51% over the last 12 months. Earnings are forecast to grow by 19% annually. Market details ›
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