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BANKING AND FINANCE

LEADERSHIP Award Excites Fidelity Bank

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Fidelity Bank Plc has assured that the award bestowed on it by LEADERSHIP newspaper will spur it to do more. The bank  won the award for “Bank of the Year” at this year’s edition of the Leadership Awards 2018 in recognition of its commitment to growing the nation’s economy by supporting the agricultural industry and consistently enhancing the development and competitiveness of Micro Small Medium Enterprises (MSMEs).

Receiving the award on behalf of the bank, deputy managing director, Fidelity Bank Plc, Mohammed Balarabe said: “We are greatly honoured to be recognised as the 2018 Bank of the Year as one of the most supportive banks aiding the growth of the agriculture and MSME sectors, which are critical sectors of the economy.”

Balarabe who dedicated the award to the Bank’s over 4.2 million customers, promised that the bank will not rest on its oars particularly in relation to boosting Nigeria’s agricultural value-chain through the provision of innovative funding schemes and technical advisory services to MSMEs and Commercial agribusiness projects. “Agriculture is the highest employer of labour in Nigeria today. We feel proud to be recognised for this feat”, he further stated.

Whilst noting that Nigeria has one of the largest economy in Africa with great potential for agricultural and manufacturing activities, the DMD expressed the bank’s readiness to explore fresh opportunities to create wealth for the economy. “We remain at the vanguard of agric and MSME financing. We will continue to support the efforts of the Central Bank by making funds available to individual and corporate entities involved in agribusiness projects.”

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