Fidelity Bank Plc has announced the promotion of 11% of members of its staff.
This, according to the financial institution is a testament to the exceptional performance and dedication of its employees.
This is sequel to the release of its 2023 full year Audited Financial Statements, which reported an outstanding 131.5 percent growth in Profit Before Tax (PBT) to N124.26 billion.
The promotions cut across every level, reflecting Fidelity Bank commitment to recognizing and rewarding excellence within the financial institution.
Fidelity Bank, in addition to the promotion of staff, has also finalized arrangements to raise a total of N127.1 billion through a Rights Issue to existing shareholders and a Public Offer.
The move is part of the bank’s broader strategy to strengthen its capital base, support future growth, and enhance shareholder value.
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