Who Is The Owner Of Fidelity Bank?

Fidelity Bank is one of the leading financial institutions in Nigeria, offering a range of banking and financial services to its customers. With its commitment to excellence and innovation, Fidelity Bank has become a trusted partner for individuals and businesses…

Fidelity Bank is one of the leading financial institutions in Nigeria, offering a range of banking and financial services to its customers. With its commitment to excellence and innovation, Fidelity Bank has become a trusted partner for individuals and businesses alike.

Now, you may be wondering, who is the owner of Fidelity Bank? In this article, we will delve into the history and ownership of this esteemed institution, shedding light on the individuals and groups responsible for its success. So, whether you’re a customer of Fidelity Bank or simply interested in learning more about this prominent Nigerian bank, read on to discover the story behind its ownership.

Who is the Owner of Fidelity Bank?

Who is the Owner of Fidelity Bank?

Fidelity Bank is a leading financial institution in Nigeria with a reputation for excellence in customer service and innovative banking solutions. The bank has been in operation since 1988 and has grown to become one of the most trusted and respected banks in Nigeria. In this article, we will take a closer look at who owns Fidelity Bank and what makes the bank unique.

The History of Fidelity Bank

Fidelity Bank was founded in 1988 as Fidelity Union Merchant Bank Limited. In 1999, the bank converted to a commercial bank and changed its name to Fidelity Bank Plc. Since then, the bank has grown rapidly, opening new branches across Nigeria and expanding its product offerings to meet the evolving needs of its customers.

Today, Fidelity Bank is a full-service commercial bank with a range of products and services, including personal and business banking, corporate banking, and investment banking. The bank is committed to providing its customers with innovative solutions that help them achieve their financial goals.

The Ownership Structure of Fidelity Bank

Fidelity Bank is a publicly traded company, which means that it is owned by its shareholders. The bank’s shares are listed on the Nigerian Stock Exchange and are available for purchase by individual and institutional investors.

The largest shareholder in Fidelity Bank is the Fidelity Bank Employees’ Cooperative and Thrift Society Limited, which owns approximately 5.48% of the bank’s shares. Other major shareholders include foreign institutional investors, local institutional investors, and individual shareholders.

The Unique Value Proposition of Fidelity Bank

One of the things that sets Fidelity Bank apart from other banks in Nigeria is its focus on innovation and customer service. The bank has invested heavily in technology and digital solutions, which has allowed it to offer a range of products and services that are tailored to the needs of its customers.

For example, Fidelity Bank was one of the first banks in Nigeria to launch a mobile banking app, which allows customers to access their accounts, transfer funds, pay bills, and perform other transactions from their mobile devices. The bank has also introduced other innovative solutions, such as its Instant Banking service, which allows customers to open accounts and perform transactions using their mobile phones.

The Benefits of Banking with Fidelity Bank

There are many benefits to banking with Fidelity Bank, including:

  • Access to a wide range of products and services, including personal and business banking, corporate banking, and investment banking
  • Innovative technology solutions that make banking more convenient and accessible
  • A commitment to excellent customer service
  • A strong financial position and a track record of financial stability

Fidelity Bank vs Other Banks

When compared to other banks in Nigeria, Fidelity Bank stands out for its focus on innovation and customer service. The bank has a reputation for being responsive to the needs of its customers and for offering a range of products and services that are tailored to their needs.

In addition, Fidelity Bank has a strong financial position, which allows it to invest in new technology and other initiatives that benefit its customers. The bank’s commitment to innovation and customer service has helped it to maintain a loyal customer base and to attract new customers who are looking for a bank that can meet their needs.

Conclusion

Fidelity Bank is a leading financial institution in Nigeria that is known for its focus on innovation and customer service. The bank is publicly traded and is owned by a range of shareholders, including the Fidelity Bank Employees’ Cooperative and Thrift Society Limited and individual and institutional investors.

Customers who bank with Fidelity Bank can benefit from a range of products and services, including personal and business banking, corporate banking, and investment banking. In addition, the bank’s focus on innovation and customer service has helped it to stand out in a crowded market and to maintain a loyal customer base.

Frequently Asked Questions

What is Fidelity Bank?

Fidelity Bank is a Nigerian commercial bank that offers a wide range of financial services to individuals, businesses, and government institutions. The bank was established in 1988 and has since grown to become one of the largest banks in Nigeria.

Fidelity Bank is known for its innovative products and services, including mobile banking, internet banking, and online money transfer. The bank has a strong commitment to customer satisfaction and has won several awards for its excellent customer service.

What is the Ownership Structure of Fidelity Bank?

Fidelity Bank is a publicly traded company listed on the Nigerian Stock Exchange. As such, the bank is owned by a combination of individual and institutional investors who hold shares in the company. The largest shareholder in Fidelity Bank is the Nigerian businessman, Mr. Ernest Ebi.

Mr. Ebi is a seasoned banker and has served in various leadership positions in the Nigerian banking industry. He has been a major shareholder in Fidelity Bank since its inception and has played a significant role in the bank’s growth and success.

Who are the Board of Directors of Fidelity Bank?

The Board of Directors of Fidelity Bank is made up of highly experienced professionals from various fields, including banking, finance, and business. The Chairman of the board is Mr. Mustafa Chike-Obi, a former CEO of the Asset Management Corporation of Nigeria (AMCON).

Other members of the board include Mr. Ernest Ebi, the largest shareholder in the bank, and Mrs. Nneka Onyeali-Ikpe, the current Managing Director/CEO of Fidelity Bank.

What is the Vision and Mission of Fidelity Bank?

The vision of Fidelity Bank is to be a top-tier Nigerian bank, renowned for its excellent customer service, innovative products, and sustainable business practices. The mission of the bank is to make financial services easy and accessible to all Nigerians, using technology and innovation to drive growth and profitability.

Fidelity Bank is committed to creating value for its stakeholders, including customers, employees, shareholders, and the communities where it operates. The bank’s values include professionalism, customer focus, teamwork, integrity, and innovation.

How can I Contact Fidelity Bank?

You can contact Fidelity Bank through various channels, including phone, email, and social media. The bank’s customer care team is available 24/7 to attend to your inquiries and complaints. You can also visit any of the bank’s branches nationwide to speak to a customer service representative in person.

To contact Fidelity Bank, you can call +234 1 448 5252 or send an email to true.serve@fidelitybank.ng. You can also follow the bank on social media platforms such as Twitter, Facebook, and Instagram for the latest news and updates.

Corporate Documentary On Fidelity Bank Ghana


In conclusion, Fidelity Bank is a financial institution that has been providing banking services for over 30 years. It has grown to become one of the leading banks in Nigeria, with over 250 branches across the country. However, the question remains – who is the owner of Fidelity Bank?

After extensive research, it has been revealed that the majority shareholder of Fidelity Bank is Fidelity Bank Plc, which has over 51% of the bank’s shares. Other significant shareholders include institutional investors, such as pension funds and asset management companies.

While the exact identities of the individual shareholders are not publicly disclosed, the ownership structure of Fidelity Bank ensures that the bank is run in a transparent and accountable manner. As such, customers and stakeholders can trust that Fidelity Bank is committed to providing excellent banking services and contributing to the growth of the Nigerian economy.

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