Home   >   Business   >   Banking/Finance   >   201608
Fidelity Bank Is The Bank Of The Year   
  << Prev  |  Next >>
Comments ( 0 )     Email    Print
Deputy Managing Director, Mr. Jim Baiden
Related Stories
Fidelity Bank Ghana Limited has been adjudged the best bank in Ghana, ahead of 27 other banks, at the 15th Ghana Banking Awards which was held over the weekend at the Kempinski Hotel in Accra.

The prestigious awards ceremony which is organised annually by Corporate Initiative Ghana is viewed as the benchmark for the performance of banks in categories such as Customer Care, Trade Finance, Long-Term Loan Financing, Product Innovation, Corporate Social Responsibility and Financial Performance amongst others.

The ultimate award for Trade Deal of the Year and Corporate Social Responsibility went to Fidelity Bank as well.  The Bank has won the Corporate Social Responsibility Bank Award for the second consecutive time.

Other awards won by the Fidelity Bank include 2nd Runner Up – Customer Care and 2nd Runner Up – Financial Performance.

Fidelity Bank in the year 2015 posted stellar results by increasing its profit before tax by 83% to GHc205.8 million up from GHc112.5 million in 2014. The Bank grew its deposits by 69% to GHc3 billion from GHc1.78 billion in 2014.

Fidelity Bank customer growth has been partly attributed to the bank’s acquisition and integration of ProCredit and also as a result of the Save for Gold deposit promotion which rewarded over one hundred (100) customers of the bank with three (3) gold bars and one hundred and twenty (120) gold coins.

The awards come at a time when the bank is poised to launch its 10th anniversary celebrations in October this year.  The Best Bank of the year award can therefore be seen as the reward for ten (10) years of dedicated banking services to the good people of the country.


Comments ( 0 ): Post Your Comments >>

Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.