Citigroup lauds Fidelity Bank for Superiority in Payments Efficiency

Fidelity Bank Plc, a leading financial institution, has been presented the Straight-Through Processing (STP) Excellence Award by Citigroup in recognition of its excellent operational efficiency in foreign currency payments. Every year, according to a statement, Citigroup, a leading global bank…

Fidelity Bank issues largest ticket tier-II local bonds

Fidelity Bank Plc has suc­cessfully issued 10 years N41.21 billion in fixed rate unsecured subordinated bond at 8.5 per cent coupon rate due in 2031. The bond issuance which was fully sub­scribed given that total investor interest and commitments in…

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