{"id":30970,"date":"2019-04-02T10:06:44","date_gmt":"2019-04-02T09:06:44","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=30970"},"modified":"2019-04-02T10:06:44","modified_gmt":"2019-04-02T09:06:44","slug":"fidelity-bank-records-n189-billion-earnings","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/fidelity-bank-records-n189-billion-earnings\/","title":{"rendered":"Fidelity Bank Records N189 Billion Earnings"},"content":{"rendered":"<p>Fidelity Bank Plc has made gross earnings of N188.9 billion in its 2018 financial year. The bank, which stated this in a statement in Lagos on Monday, said the figure represented 4.8 per cent increase over the N180.2 billion recorded in the previous year.<\/p>\n<p>Its pre-tax profit soared by 30.6 per cent to N25.1 billion as against the N19.2 billion posted in 2017, while profit after tax was up 29 per cent to N22.9 billion, compared with N17.7 billion recorded in the preceding year.<\/p>\n<p>While operating income rose by 13.9 per cent, from N85.9 billion, to N97.2 billion. Its customer deposit, which is a measure of consumer confidence, rose by 26.3 per cent from N775.2 billion, to N979.4 billion, just as total Assets grew by 24 per cent, from N1.4 trillion to N1.7 trillion.<\/p>\n<p>The bank is proposing a total divided of N3.2 billion to its shareholders which translated to 11 kobo per share. Commenting on the performance, Mr Nnamdi Okonkwo, the bank\u2019s Chief Executive Officer, was quoted in the statement as saying that the 2018 numbers showed a sustained performance trajectory.<\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p>\u201cWe are delighted by our 2018 numbers, which clearly shows au sustained performance trajectory. We are growing our market share with continued traction in our chosen business segments.<\/p>\n<p style=\"font-weight: 400;\"><b><strong><em>Photo Caption:\u00a0Nnamdi Okonkwo,\u00a0 Chief Executive Officer<\/em><\/strong><\/b><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Fidelity Bank Plc has made gross earnings of N188.9 billion in its 2018 financial year. The bank, which stated this in a statement in Lagos on Monday, said the figure represented 4.8 per cent increase over the N180.2 billion recorded in the previous year.<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":26790,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,1593,17],"tags":[753],"coauthors":[2391],"class_list":["post-30970","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-metro","category-news","tag-fidelity-bank-plc"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Fidelity Bank Records N189 Billion Earnings - National Wire<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/fidelity-bank-records-n189-billion-earnings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fidelity Bank Records N189 Billion Earnings - National Wire\" \/>\n<meta property=\"og:description\" content=\"Fidelity Bank Plc has made gross earnings of N188.9 billion in its 2018 financial year. 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