Fidelity Bank’s Q1 profit rises to N10.1bn - Punch Newspapers

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Fidelity Bank Plc has said its profit before tax rose by 53.9 per cent to N10.1bn for the period ended March 31, 2021.

Details of the unaudited results showed that profit before tax grew by 53.9 per cent from N6.6bn in 2020 to N10.1bn for the corresponding period of March 31, 2021. The Managing Director/Chief Executive Officer, Fidelity Bank Plc, Nneka Onyeali-Ikpe, said, “We commenced the year showing impressive double-digit growth in profitability and improved performance across key efficiency indices while ensuring our business model continued to deliver strong positive results in line with our guidance for the 2021 financial year.”

 

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