BUSINESS

Fidelity Bank Grows Profit By 29.94% In Nine Months

Fidelity Bank Plc, a major financial institution in Nigeria has released its interim statement of profit or loss and other comprehensive income for the period ended 30 September 2021 with 20.83% drop in profit for the three months period to N7.206 billion from N9.102 billion in Q3 2020.

However, profit for the nine months period rose by 29.94% to N26.512 billion from N20.406 billion in 2020.

The bank’s gross earnings rose to N62.051 billion in Q3 2021 from N49.275 billion in 2020, while figure for the nine months rose to N174.354 billion from N155.030 billion in 2020.

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