FIDELITY BANK : AUDITED FINANCIAL STATEMENT FOR 2023

April 15, 2024 at 07:24 am EDT

FIDELITY BANK PLC

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

Fidelity Bank Plc

Annual Reports and Financial Statements

For the year ended 31 December 2023

Table of contents

Note	Contents	Page	Note		Page
	Directors' report	2	19	Cash and cash equivalents	118
	Statement of directors' responsibilities in relation to the
	preparation of the financial statements	12	20	Restricted balances with central bank	121
	Statutory audit committee's report	13	21	Goodwill	121
	Statement Of Corporate Responsibility For The Preparation
	Of The Financial Statements	14	22	Loans and advances to customers	121
	Corporate governance report	15	23	Derivative financial instrument	128
	Independent auditor's report	40	24	Investment Securities	128
	Consolidated and Separate Statement of Profit or Loss and
	Other Comprehensive Income	45	25	Property, Plant and Equipment	135
	Consolidated and Separate Statement of Financial Position	46	26	Right of Use Asset	137
	Consolidated and Separate Statement of Changes in Equity	47	27	Intangible assets	137
	Consolidated and Separate Statement of Cash Flow	49	28	Deferred taxation	137
1	Notes to the Financial Statements	50	29	Other assets	138
2	Corporate information	50	30	Deposit from customers	139
2	Summary of significant accounting policies	50	31	Other liabilities	139
	Financial risk management and fair value measurement
3	and disclosure	75	32	Provisions	141
4	Capital management	107	33	Debts issued and Other borrowed funds	145
5	Segment analysis	108	34	Share capital	145
6	Interest and similar income	111	35	Other equity accounts	145
7	Interest and similar expense	111	36	Cash flow from operations	147
8	Credit loss expense	111	37	Contingent liabilities and commitments	149
9	Net fee and commission income	113	38	Related party transactions	150
10	Derecognition loss on financial asset	115	39	Employees	153
11	Other operating income	115	40	Directors' emoluments	153
	Net gains/(losses) from financial instruments classified as
12	held for trading through profit and loss	115	41	Compliance with banking regulations	154
13	Personnel expenses	116	42	Gender diversity	155
14	Depreciation and amortisation	116	43	Statement of prudential adjustments	155
15	Other operating expenses	116	44	Maturity analysis of assets and liabilities	156
16	Taxation	117	47	Events after the reporting period	158
	Net reclassification adjustments for realised net gains/
17	(losses)	118		Value Added Statement	159
18	Earnings per share	118		Five-year financial summary	161

Fidelity Bank Plc

Annual Reports and Financial Statements

For the year ended 31 December 2023

Directors' Report

The Directors of Fidelity Bank Plc (the Bank/Company) are pleased to submit their report on the affairs of the Bank and its subsidiary (the Group), together with the Group Audited Financial Statements and External Auditor's Report for the financial year ended 31 December 2023.

1 RESULTS

Highlights of the Group's operating results for the financial year ended December 31, 2023 are as follows:

`	Group	Group	Bank		Bank
	31 December	31 December	31 December		31 December
	2023	2022	2023	2022
	N'million	N'million	N'million		N'million
Profit before income tax	124,260	53,677	124,338	53,677
Income tax expense	(24,806)	(6,953)	(24,806)	(6,953)

Profit after income tax	99,454	46,724	99,532		46,724
Earnings per share
Basic and diluted (in kobo)	311	161	311	161

DIVIDEND

The Board of Directors of the Group, pursuant to the provisions of Section 379 of the Companies and Allied Matters Act (CAMA) 2020, propose a final dividend of N0.60k per share (31 December 2022: N0.50k per share) for the 2023 financial year. The proposed final dividend of N0.60k per share and interim dividend of N0.25k per share paid on September 22, 2023, brings the total dividend for 2023 to N0.85k per Ordinary Share to be paid from the retained earnings account as at 31 December 2023.

The proposed dividend will be presented for shareholders' approval at the Bank's 36th Annual General Meeting. If approved, the proposed dividend will be paid net of withholding tax at the applicable tax rate.

LEGAL FORM
The Bank was incorporated on 19 November 1987 as a private limited liability company in Nigeria. It obtained a merchant banking license on 31 December 1987 and commenced banking operations on 3 June 1988. The Bank converted to a commercial bank on 16 July 1999 and re-registered as a public limited company on 10 August 1999. The Bank's shares were listed on the floor of the Nigerian Stock Exchange (now Nigerian Exchange Group) on 17 May 2005.
PRINCIPAL BUSINESS ACTIVITIES
The principal activity of the Bank continues to be the provision of banking and other financial services to corporate and individual customers from its Headquarters in Lagos and 250 business offices. These services include retail banking, granting of loans and advances, equipment leasing, collection of deposits and money market activities.
The Bank has one wholly owned subsidiary, Fidelity Bank UK Limited (former Union Bank UK Plc) which was acquired in 2023. The financial result of the subsidiary has been consolidated into these financial statements.

Fidelity Bank Plc

Annual Reports and Financial Statements

For the year ended 31 December 2023

Directors' Report- continued

For the year ended 31 December 2023

BENEFICIAL OWNERSHIP
The Bank's shares are held largely by Nigerian citizens and corporations.
SHARE CAPITAL
The range of shareholding as at December 31, 2023 is as follows:

		No. of
	Range	Holders	Holders%	Holders Cum	Units	Units %
1	1,000	96,457	24.29%	96,457	80,062,687	0.25%
1,001	5,000	170,140	42.85%	266,597	467,487,599	1.46%
5,001	10,000	51,326	12.93%	317,923	420,968,085	1.32%
10,001	50,000	56,866	14.32%	374,789	1,349,776,549	4.22%
50,001	100,000	10,391	2.62%	385,180	808,049,299	2.53%
100,001	500,000	9,120	2.30%	394,300	1,967,600,677	6.15%
500,001	1,000,000	1,365	0.34%	395,665	1,007,047,371	3.15%
1,000,001	5,000,000	1,006	0.25%	396,671	2,090,730,371	6.53%
5,000,001	10,000,000	141	0.04%	396,812	1,038,421,862	3.25%
10,000,001	50,000,000	160	0.04%	396,972	3,261,807,799	10.19%
50,000,001	100,000,000	27	0.01%	396,999	1,936,048,928	6.05%
100,000,001	32,000,000,000	53	0.01%	397,052	17,571,998,773	54.91%

	GRAND TOTAL	397,052	100%		32,000,000,000	100%

Substantial interest in shares

The Bank's shares are widely held and according to the Register of Members, no single shareholder held up to 5% of the issued share capital of the Bank during the year ended 31 December 2023.

Fidelity Bank Plc

Annual Reports and Financial Statements

For the year ended 31 December 2023

Directors' Report- continued

For the year ended 31 December 2023

6 Changes on the Board and Directors Interest

(a)Changes on the Board

The following change occurred on the Board after the 35th Annual General Meeting, which held on May 23, 2023.

	Board Changes

1	Mr. Hassan Imam, former Executive Director North, retired from the Board with effect from January 10, 2024, sequel to his
appointment as the MD/CEO of another financial institution by the Central Bank of Nigeria.

The Board uses this medium to express its sincere appreciation to Mr. Hassan Imam for his meritorious service to the Bank spanning over twenty-six years including his tenure on the Board as an Executive Director.

(b)Directors Who Held Office During the Review Period:

The Directors who held office during the year ended 31 December 2023 together with their interest in the issued share capital of the Bank as recorded in the Register of Directors' Shareholding and as notified by the Directors for the purpose of Sections 301 and 302 of the Companies and Allied Matters Act (CAMA), 2020 and the listing requirements of the Nigerian Exchange Group (NGX) are detailed below:

			31 December 2023			31 December 2022

NAME OF	STATUS	DIRECT	INDIRECT	TOTAL		DIRECT	INDIRECT		TOTAL
DIRECTOR

		Units	Units		Units	Units	Units		Units
Mr. Mustafa	Chairman, Non-
Executive	39,516,294	NIL		39,516,294	39,516,294	NIL		39,516,294
Chike-Obi
Director


	Independent
Alhaji Isa Inuwa	Non-Executive	Nil	NIL		Nil	Nil	NIL		Nil
	Director

Engr. Henry	Independent
Non-Executive	Nil	NIL		Nil	Nil	NIL		Nil
Obih
Director

Mr. Chidi	Non-Executive	1,724,276	NIL		1,724,276	1,724,276	NIL		1,724,276
Agbapu	Director


Chief Nelson C.	Non-Executive	71,847,773	NIL		71,847,773	71,847,773	NIL		71,847,773
Nweke	Director

Mr. Chinedu	Non-Executive	1,040,000	NIL		1,040,000	1,040,000	NIL		1,040,000
Okeke	Director

Mrs. Amaka	Non-Executive	4,404,700	NIL		4,404,700	4,404,700	NIL		4,404,700
Onwughalu	Director


Mrs. Ronke	Independent
Non-Executive	Nil	NIL		Nil	Nil	NIL		Nil
Bammeke
Director

Mrs. Nneka	Managing	69,644,260	NIL		69,644,260	69,644,260	NIL		69,644,260
Onyeali-Ikpe	Director/CEO


* Mr. Hassan	Executive	41,252,468	NIL		41,252,468	41,252,468	NIL		41,252,468
Imam	Director


Mr. Kevin	Executive	39,123,921	NIL		39,123,921	39,123,921	NIL		39,123,921
Ugwuoke	Director


Dr. Ken Opara	Executive	32,192,832	NIL		32,192,832	32,192,832	NIL		32,192,832
Director


Mr. Stanley	Executive	15,727,272	NIL		15,727,272	3,000,000	NIL		3,000,000
Amuchie	Director


Mrs. Pamela	Executive	12,727,272	NIL		12,727,272	NIL	NIL		NIL
Shodipo	Director

**Retired with effect from January 10, 2024.

Fidelity Bank Plc

Annual Reports and Financial Statements

For the year ended 31 December 2023

Directors' Report- continued

Directors interest in Contracts:

The Directors' interests in related party transactions as stated in Note 38. to the financial statements were conducted at arm's length and disclosed to

the Board of Directors in compliance with Section 303 of the Companies and Allied Matters Act, 2020.

Disclosure on Directors' Remuneration

The disclosure on Directors' Remuneration is made pursuant to the Governance Codes and Regulations issued by the Central Bank of Nigeria, Nigerian Exchange Group, the Securities and Exchange Commission and the Financial Reporting Council of Nigeria.

The Bank has a formal Board Remuneration Policy, which is consistent with its size and scope of operations. The Policy focuses on ensuring sound corporate governance practices as well as sustained and long-term value creation for Shareholders. The policy aims to achieve the following amongst others:

a. Motivate the Directors to promote the right balance between short and long-term growth objectives of the Bank while maximizing Shareholders' returns.

Enable the Bank attract and retain Directors with integrity, competence, experience and skills to execute the Bank's strategy;
Promote compliance with global regulatory trends and governance requirements, with emphasis on long-term sustainability;
Align individual rewards with the Bank's performance, the interests of Shareholders, and a prudent approach to risk management;
Ensure that remuneration arrangements are equitable, transparent, well communicated, easily understood, aligned with the interest of Shareholders and adequately disclosed.
Executive Directors' Remuneration:
Executive remuneration at Fidelity Bank is structured to provide a solid basis for succession planning and to attract, retain and motivate the right caliber of staff to ensure achievement of the Bank's business objectives.
The Board sets operational targets consisting of a number of Key Performance Indicators (KPIs) covering both financial and non-financial measures of performance for the Executives at the beginning of each year. Executive compensation is therefore tied to specific deliverables on a fixed pay basis. Fixed pay includes basic salary, transport, housing and other allowances.
The Board Corporate Governance Committee (a Committee comprised of only Non-Executive Directors) makes recommendations to the Board on all matters relating to Directors' remuneration. The Executive Directors are not involved in decisions on their own remuneration. Please see the table below for the key elements of Executive Directors' remuneration arrangements:

Fidelity Bank Plc

Annual Reports and Financial Statements

For the year ended 31 December 2023

Directors' Report- continued

Remuneration
element	Objective	Payment mode	Payment detail

Base Pay: This is a fixed pay (guaranteed cash) which is not dependent on performance. It comprises basic salary and all cash allowances paid to the Executive Director.

				Reviewed every 2 years and
				changes made on need basis
				and market findings
Base Pay	· To attract and retain talent in a competitive	·	Monthly
	market			Salaries for all roles are
				determined with reference to
				applicable relevant market
				practices

Remuneration	Objective	Payment Mode	Programme Detail
Element

Performance Incentives: This represents the pay-at-risk i.e. pay contingent on the achievement of agreed key
performance indicators.
				Performance incentives are
	· To motivate and reward the delivery of	·	Annually	awarded based on the
	annual goals at the Bank and individual levels	performance of the Bank and
				individual directors
Performance
			Executive Directors' annual
Incentive		·	Annually
	performance incentives are


	· Rewards contribution to the long-term			evaluated against the
	performance of the Bank			performance metrics defined in
				his/her approved individual
				balanced scorecard/KPIs

Benefits and Perquisites: These are the non-monetary compensation provided to the Executive Directors such as official car, club and professional membership subscription.

		• Actual items are
Benefits &	• Reflect market value of individuals and their	provided or the cash	Review periodically in line with
Perquisites	role within the Bank	equivalent for one	contract of employment
		year is given.

*Review of the various remuneration elements means re-appraisal to ensure they are competitive and reflective of industry expectations. They do not necessarily refer to an increment or reduction in the value of the benefits

Non-Executive Directors Remuneration:

Non-Executive Directors' remuneration is structured to conform to prevailing regulations and is set at a level that is at par with market developments, reflects their qualifications, the contributions required and the extent of their responsibilities and liabilities.

Non-Executive Directors are paid an annual fee in addition to reimbursable expenses (travel and hotel expenses) incurred whilst executing their role as Board members, where not provided directly by the Bank. The annual fee is approved by Shareholders at the Annual General Meeting and is paid quarterly in arrears, with subsequent changes subject to Shareholders approval.

They also receive a sitting allowance for each meeting attended by them but do not receive any performance incentive payments.

Please see the table below for the key elements of Non-Executive Directors' remuneration arrangements:

Fidelity Bank Plc

Annual Reports and Financial Statements

For the year ended 31 December 2023

Directors' Report - continued

Remuneration	Objective	Payment Mode	Programme
Element	Detail

			•Reviewed every 2 years or as
	· To attract individuals with relevant skills,		appropriate and changes made
Annual Fees	knowledge and experience.	· Quarterly	on need basis subject to
			Shareholders' approval at the
			Annual General Meeting.

			•Reviewed every 2 years or as
Sitting	· To recognise the responsibilities of the Non-		appropriate and changes made
· Per meeting	on need basis subject to
Allowances	Executive Directors.		Shareholders' approval at the

			Annual General Meeting.

	· To encourage attendance and participation
	at designated committees assigned to them.

Review of the various remuneration elements means the re-appraisal of the elements to ensure that they are competitive and reflective of industry expectations. They do not necessarily refer to an increment or reduction in the value of the benefits.

The Board periodically benchmarks its remuneration practices against peer organizations whose business profiles are similar to that of the Bank and makes changes as appropriate.

The remuneration paid to the Directors in the period 30 June 2023 is disclosed in Note 38 of the Financial Statements.

EVENTS AFTER THE REPORTING PERIOD
The Bank is on a strong growth trajectory and requires additional capital for increased profitability, expansion (domestic and international) and enhancement of its digital capabilities. See note 47
PROPERTY, PLANT AND EQUIPMENT
Information relating to property, plant and equipment is provided in Note 25 to the financial statements. In the Directors' opinion, the fair value of the
Bank's properties is not less than the carrying value shown in the financial statements.
DONATIONS AND CHARITABLE CONTRIBUTIONS
Donations and gifts to charitable organizations during the year ended 31 December ,2023 amounted to N819,820,447.75 ( 31 December 2022 - N107,834,208.16). There were no donations to political organizations during the year. .
The beneficiaries were:

Fidelity Bank Plc

			Annual Reports and Financial Statements
			For the year ended 31 December 2023
Directors' Report - continued

		REQUESTING/BENEFICIARY ORGANISATION	DONATION	AMOUNT (N)

	1	Our Lady of Perpetual Help Catholic Church,	Donation of Household Items	6,015,700
	2	Ornament Productions, Lagos	Sponsorship of the Witness Stage Play	5,000,000
	3	Misnoory Foundation, Kano	Sponsorship of their Ramadan Feeding program	10,000,000
	4	Unusual Praise, Lagos	Sponsorship of Unusual Entrepreneurs 2023	10,000,000
	5	ICC Conference Sponsorship, Lagos	Sponsorship of the 7th ICC Conference	2,940,000
	6	Healthy Heart Foundation, Lagos	Sponsorship of Heart Surgeries (Congenital Cardiac Problems) for	5,000,000
	7	Nigerian Conservation Foundation, Lagos	Sponsorship of Walk for Nature Event	1,500,000
	8	Our Lady of Perpetual Help Catholic Church,	Donation towards an Infrastructural project	5,000,000
	9	Asma'u Dambatta Foundation, Kano	Donation of CSR Educational Materials	16,000,000
	10	University of Jos, Plateau State	Renovation and donation of equipment of UNIJOS School	9,958,640
	11	Nigerian Immigration Services, Lagos	Refurbishment of Jack Vehicle	1,666,250
	12	Steam Empowerment Foundation (SEF), Lagos	Train a Girl Child initiative (Donation of computer systems, printer and	1,500,000
	13	Onitolo Community Junior High School, Lagos	Donation of 100 School Bags, 100 water bottles, 100 exercise books	444,000
	14	Owerri Girls Junior Secondary School, Owerri,	Renovation of JSS1 School Block and donation of food items	2,600,000
	15	Holy Family Home for the Elderly, Lagos	Provision of care items for the elderly	1,141,758
	16	Mary's Perpetual Help Foundation, Lagos	Provision of food items for an orphanage and beneficiaries	500,000
	17	Ikenegbu Girls Secondary School, Owerri, Imo	Provision of equipment for biology, chemistry and physics lab	1,370,000
	18	Nigerian Correctional Service	Medical Outreach	780,000

	19	Classic FM, Lagos	Sponsoring a poetry competition for kids	200,000
	20	Girls Senior Secondary Grammar School/Boys	Donation of 3 Giant Dustbins for Recycling
		Senior Academy Obalende, Lagos		400,000

	21	St Patrick's Speech and Language Center, Lagos	Donation of a N1m cheque and food items to the kids	1,284,000
	22	Deprived Communities across the Country	Distribution of 24,000 Fidelity Food Bank Packs to communities in Dire	130,000,000
	23	Lagos Business School, Lagos	Sponsorship of Alumni Association Presidential Dinner	2,000,000
	24	Chartered Institute of Stock Brokers, Lagos	Sponsorship of the 2023 National Workshop of the Chartered Institute	15,000,000
	25	Dr. Chinyere	Sponsorship of a Book Launch titled "The Future-Focused Female	500,000
	26	Misnoory Foundation, Kano	Donation to five special needs Schools in Kano	20,000,000
	27	Federal Govt Girls College (FCCG) Calabar, Old	Infrastructural project at FGGC, Calabar	2,000,000
	28	Columbia African, New York, USA	Sponsorship of Columbia Africa Conference	11,380,000
	29	Federal Govt Girls College (FCCG) Owerri, Old	Water project at FGGC, Owerri, Imo State	15,000,000
	30	Nnokwa Progress Union, Anambra State	Security and water projects at Nnokwa Community	5,000,000
	31	St Kevin Catholic Church, Ichida, Anambra	Support for community outreach	20,000,000
	32	Christmas Outreach Initiative, Lagos	Support for Festive outreach	2,000,000
	33	Anambra Anglican Fellowship, Lagos	Support for community development	1,000,000
	34	Catholic Church of Transfiguration, Lagos	Community Development	1,000,000
	35	Chartered Institute of Bankers of Nigeria	Sponsorship of Bankers Night Raffle draw	2,000,000
	36	OKHMA Global Limited, Lagos	Sponsorship of Calabar carnival 2023	20,000,000
	37	Holy Cross Cathedral, Lagos	Community Development	4,000,000
	38	Ikoyi Club, Lagos	Sponsorship of the 48th Ikoyi Club Golf Ladies Open	5,000,000
	39	Anambra Investment Summit, Anambra	Sponsorship of Anambra Investment Summit	20,000,000
	40	Our Lady of Perpetual Help Catholic Church,	Community Development	3,500,000
	41	Market Impact Church, Lagos	Sponsorship of Youth Empowerment Conference	3,901,000
	42	Growthbow Solutions Ltd, Lagos	Sponsorship of AfroJazz Festival	2,000,000
	43	Army Children's Model Primary School, Port	Donation of 160 School Bags, 160 water bottles, 200 exercise books	1,112,000
	44	Garba Noma Primary School, Bauchi State	3 Blocks of Classrooms (3 classrooms each), 500 uniforms and 200 new	18,935,600
	45	Federal University of Kashare, Gombe State	Installation of 15kva Inverter, Solar Panels and Deep Cycle Batteries to	9,938,500
	46	Community School, Itowolo, Ikorodu, Lagos	Provision of Educational to economically disadvantaged school	760,000
	47	Apostolic Church Grammar School, Kosofe	Donation of 4 Giant Dustbins for Recycling
		Senior High, Orisigun Primary School &
		Ajegunle Junior High, Lagos		620,000
	48	Somolu Senior High School (Somolu, Lagos),	Donation of 4 Giant Dustbins for Recycling
		Agnus Memorial Senior High School (Somolu,		632,000
	49	Internally Displaced Persons at at Mangu and	Provision of relief materials
		Barkin Ladi IDP camps, Jos, Plateau State		10,000,000
	50	Open Arms Orphanage Home, Isolo, Lagos	Donation of Food items and educational materials	410,000
	51	DBenevolent Care Orphanage, Port Harcourt,	Donation of Food and other essential items t	420,000
	52	Isolo General Hospital, Isolo, Lagos	Donation of branded bedsheets and beds to the children and mothers	400,000
	53	Surulere Primary Health Care Centre, Surulere,	Donation of Maternity Kits to less priviledged expectant mothers	544,000
	54	Iwaya Community Primary Health Care, Yaba,	Renovation of of sections of the Primary Health care centre	2,367,000
	55	Anambra State Universal Basic Education Board	Donation of Laptops	5,912,500
	56	FGGC, Owerri Old Girls Association, Owerri, Imo	Construction of a Games court (Eko Court) at FGGC Owerri	24,187,500
	57	Deprived Communities across the Country	Feeding the malnourished across the country through the Bank's	360,000,000
	58	AAF Widows, Anambra	Donation of empowerment materials to Widows in Anambra State	5,000,000
	59	Kirikiri Prisons, Lagos	Donation of Relieve materials to Inmates of the Kirkiri Prisons to	10,000,000


		Total		819,820,448

Fidelity Bank Plc

Annual Reports and Financial Statements

For the year ended 31 December 2023

Directors' Report - continued

10 Gender Analysis as at 31 December,2023

Fidelity Bank is an equal opportunity employer and is committed to promoting gender diversity in the workplace. The Bank recognizes that women have different skills, viewpoints, ideas and insights which will enable it serve a diverse customer base more effectively. The report on gender analysis

GENDER ANALYSIS OF TOTAL STAFF AS AT 31 December 2023		31 December, 2022

								PERCENTAGE
GENDER			NUMBER	PERCENTAGE OF TOTAL STAFF	NUMBER	OF TOTAL
								STAFF
FEMALE		1,537	50%		1,448	48%

MALE		1,526	50%		1,590	52%

TOTAL		3,063	100%		3,038	100%


	GENDER ANALYSIS OF EXECUTIVE MANAGEMENT AS AT	31 December, 2022
		31 December 2023

	GENDER	NUMBER		PERCENTAGE		NUMBER	PERCENTAGE


	FEMALE	2		33%		1	29%


	MALE	4		67%		4	71%


	TOTAL	6		100%		5	100%



	GENDER ANALYSIS OF TOP MANAGEMENT (AGM-GM) AS AT 31 December 2023	31 December, 2022
	GRADE			FEMALE	MALE	TOTAL	FEMALE	MALE	TOTAL

	General Manager			0	8	8	1	5	6

	Deputy General Manager		6	12	18	4	7	11

	Assistant General Manager		10	22	32	7	25	32

	TOTAL			16	42	58	12	37	49

	Percentage			28%	72%	100%	24%	76%	100%


	GENDER ANALYSIS OF TOP MANAGEMENT (AGM-GM) AS AT 31 December 2023	31 December, 2022
	GRADE			FEMALE	MALE	TOTAL	FEMALE	MALE	TOTAL

	Executive Director		1	4	5	0	4	4

	Managing Director		1	0	1	1	0	1

	Non Executive Director		2	6	8	2	6	8

	TOTAL			4	10	14	3	10	13
	Percentage			29%	71%	100%	23%	77%	100%

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Fidelity Bank plc published this content on 15 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 April 2024 11:23:04 UTC.

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Fidelity Bank Plc Reports Earnings Results for the Nine Months Ended September 30, 2022	22-10-29	CI
Transcript : Fidelity Bank Plc, H1 2022 Earnings Call, Sep 06, 2022	22-09-06
Fidelity Bank Plc Reports Earnings Results for the Half Year Ended June 30, 2022	22-08-31	CI
Fidelity Bank Plc entered into binding term agreement to acquire Union Bank UK plc.	22-08-29	CI
Fidelity Bank Plc Reports Earnings Results for the First Quarter Ended March 31, 2022	22-04-29	CI
Transcript : Fidelity Bank Plc, 2021 Earnings Call, Apr 07, 2022	22-04-07
Fidelity Bank Plc Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2021	22-02-22	CI
Fidelity Bank Plc Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	21-11-17	CI
Transcript : Fidelity Bank Plc, H1 2021 Earnings Call, Sep 15, 2021	21-09-15

	1st Jan change	Capi.
FIDELITY BANK PLC	-17.05%	228M
AGRICULTURAL BANK OF CHINA LIMITED	+16.61%	208B
PT BANK CENTRAL ASIA TBK	+4.26%	74.34B
ANZ GROUP HOLDINGS LIMITED	+8.33%	54.92B
INDUSTRIAL BANK CO., LTD.	+3.95%	48.36B
CRÉDIT AGRICOLE S.A.	+13.21%	47.06B
CHINA CITIC BANK CO., LTD.	+25.00%	45.26B
JAPAN POST BANK CO., LTD.	+10.31%	36.83B
QATAR NATIONAL BANK (Q.P.S.C.)	-16.09%	35.19B
INVEST BANK	-96.60%	32.24B

Fidelity Bank Plc

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FIDELITYBK

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FIDELITY BANK : AUDITED FINANCIAL STATEMENT FOR 2023

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