Fidelity Bank

Lagos, Nigeria Founded: 1988 • Age: 38 yrs
Commercial banking services are provided to clients in Nigeria.
Annual revenue - Latest available
Total funding - 4 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Fidelity Bank

Fidelity Bank is a company based in Lagos (Nigeria) founded in 1988. It operates as a Professional Services and Subscription Services. Fidelity Bank has completed 1 acquisition, including Union Bank UK. Fidelity Bank offers products and services including Personal Banking, SME Banking, Corporate Banking, and Private Banking. Fidelity Bank operates in a competitive market with competitors including First Bank of Nigeria, Scotiabank, Guaranty Trust Bank, Zenith Bank and First City Monument Bank, among others.

  • Headquarter Lagos, Nigeria
  • Stage Public
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Fidelity Bank Plc
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $178.43 M (USD), Post-IPO

    Dec 31, 2025

  • Investors
    Afreximbank

    & 1 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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IPO & Listings of Fidelity Bank

Fidelity Bank is a publicly listed company on the NSENG with ticker symbol FIDELITYBK in Nigeria, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSENG · Ticker: FIDELITYBK · Sector: Finance · Nigeria

Products & Services of Fidelity Bank

Fidelity Bank offers a comprehensive portfolio of products and services, including Personal Banking, SME Banking, Corporate Banking, and Private Banking.

Primary

Personal banking services are provided for individual customers.

SME banking solutions are offered for small businesses.

Corporate banking services are tailored for large enterprises.

Private banking services are designed for high-net-worth individuals.

People of Fidelity Bank

Headcount 1000-5000
Employee Profiles 186
Board Members and Advisors 7
Employee Profiles
People
Nnamdi J. Okonkwo
Managing Director & Chief Executive Officer
People
Ezinwa Unuigboje
Company Secretary
People
Adeboye Ogunmolade
General Manager & Chief Compliance Officer
People
Abolore Solebo
Executive Director, Corporate Banking Directorate

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Board Members and Advisors
people
Otunba Seni Adetu
Independent Director
people
Mustafa Chike-Obi
Chairman
people
Amaka Onwughalu
Non-Executive Director
people
Nelson Nweke
Non-Executive Director

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Funding Insights of Fidelity Bank

  • Total Funding
  • Total Rounds 4
  • Last Round Post-IPO — $178.4M
  • First Round

    (28 Aug 2014)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2025 Amount Post-IPO - Fidelity Bank Valuation

investors

Mar, 2023 Amount Debt – Conventional - Fidelity Bank Valuation

investors

Feb, 2021 Amount Debt – Conventional - Fidelity Bank Valuation

investors

Investors in Fidelity Bank

Fidelity Bank has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Afreximbank and Swedfund.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage SMEs are invested in by government-operated Swedfund.
Founded Year Domain Location
Trade finance and commercial banking services are provided across Africa.
Founded Year Domain Location

Investments & Acquisitions by Fidelity Bank

Fidelity Bank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Union Bank UK.

Investments
Acquisitions
Company Name Description Domain Location Founded Year Amount
Commercial banking services are offered in the United Kingdom.
1983

Financial Statements - Fidelity Bank

Fidelity Bank Comparisons

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Competitors of Fidelity Bank

Fidelity Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as First Bank of Nigeria, Scotiabank, Guaranty Trust Bank, Zenith Bank and First City Monument Bank, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Commercial banking services are provided across Nigeria.
domain founded_year HQ Location
Commercial banking services are provided internationally by Scotiabank.
domain founded_year HQ Location
Nigerian multinational financial institution
domain founded_year HQ Location
Banking and financial services are provided to individuals and businesses.
domain founded_year HQ Location
Virtual consultations with certified doctors are facilitated online.

Frequently Asked Questions about Fidelity Bank

Fidelity Bank was founded in 1988 and raised its 1st funding round 26 years after it was founded.

Fidelity Bank is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.

Fidelity Bank Plc is involved in offering a wide range of banking and financial services across Nigeria. Services are provided to personal, SME, corporate, and private banking clients. Solutions are developed for savings, loans, investments, and digital banking. The bank operates in sectors such as agriculture, export, and public finance. Support is extended through online platforms and branch networks. Community initiatives are supported through CSR programs in health, education, and youth empowerment. Operations are managed from the headquarters in Lagos, Nigeria.

Fidelity Bank's top competitors include Scotiabank, First City Monument Bank and Guaranty Trust Bank.

Fidelity Bank offers Personal Banking, SME Banking, Corporate Banking, and Private Banking.

Yes, Fidelity Bank is publicly traded on NSENG under the ticker symbol FIDELITYBK.

Fidelity Bank has made 1 acquisition, including Union Bank UK.

Fidelity Bank has 2 investors. Key investors include Afreximbank, and Swedfund.

The ticker symbol of Fidelity Bank is FIDELITYBK on NSENG.

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