Fidelity Bank Plc has announced its audited financial results for the half-year ended June 30, 2025, demonstrating resilience and sustained growth across key performance indicators.
The bank’s gross earnings stood at ₦748.7 billion, up from ₦512.9 billion in H1 2024, representing a 46% increase.
The bank’s interest income rose to ₦557.9 billion, compared to ₦357.9 billion in H1 2024, while total deposits grew to ₦7.20 trillion, from ₦6.94 trillion in H1 2024. Low-cost deposits also increased to ₦4.85 trillion, compared to ₦4.83 trillion in H1 2024.
Fidelity Bank’s loan book expanded, with net loans and advances growing to ₦1.69 trillion, up from ₦1.59 trillion in H1 2024, reflecting increased support for businesses and individuals.
Asset quality remained stable, with non-performing loans well within acceptable limits.
The bank’s capital raising initiatives have further strengthened its financial position, ensuring readiness to meet new regulatory requirements and pursue growth opportunities.
Fidelity Bank’s strong liquidity profile and robust governance framework provide a solid foundation for continued success.
Fidelity Bank has received multiple local and international awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award, the 2024 Most Innovative Mobile Banking Application award, and the 2024 Most Innovative Investment Banking Service Provider award.
The bank was also recognized as the Best Bank for SMEs in Nigeria and Export Financing Bank of the Year.
The bank serves over 9.1 million customers through digital banking channels and has 255 business offices in Nigeria and a United Kingdom subsidiary, FidBank UK Limited.
Comment here