Fidelity Bank PLC 2019 Annual Report with Sustainability Disclosures
The report highlights Fidelity Bank Plc's financial and operational performance for the 2019 fiscal year, emphasizing its digital transformation and retail banking strategy. The bank achieved a 21.0% increase in Profit Before Tax to N30.4 billion and grew its savings deposits by 20.7% to N275.2 billion, marking its sixth consecutive year of double-digit growth. Additionally, 82.0% of total customer transactions were conducted via electronic channels, and 47.4% of customers enrolled in mobile/internet banking. On the sustainability front, the bank secured second place in the Sustainable Agriculture Transaction of the Year and launched solar energy installations at its head office to reduce carbon emissions.
Company: Fidelity Bank PLC
Sector: Finance & insurance
Country: Nigeria
Year: 2019
Type: Annual Report with Sustainability Disclosures
Pages: 137
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Fidelity Bank PLC
Annual Report
The report highlights Fidelity Bank Plc's financial and operational performance for the 2019 fiscal year, emphasizing its digital transformation and retail banking strategy. The bank achieved a 21.0% increase in Profit Before Tax to N30.4 billion and grew its savings deposits by 20.7% to N275.2 billion, marking its sixth consecutive year of double-digit growth. Additionally, 82.0% of total customer transactions were conducted via electronic channels, and 47.4% of customers enrolled in mobile/internet banking. On the sustainability front, the bank secured second place in the Sustainable Agriculture Transaction of the Year and launched solar energy installations at its head office to reduce carbon emissions.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Published
Apr 30, 2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Workplace Fatalities
Employees