Wallets/fidelity-bank-nigeria
Fidelity Bank Nigeria
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Key details
- Parent: Nigerian entrepreneurs
Overview
Fidelity Bank Nigeria is NGX: FIDELITYBK + Nigerian commercial bank + one of Nigeria's largest commercial banks by assets + founded Aug 28 1988 as Fidelity Bank by Nigerian entrepreneurs 1, Nigeria report.
History
Aug 28 1988 — Fidelity Bank founded as Nigerian commercial bank by Nigerian entrepreneurs distinctive Nigerian banking heritage.
Apr 2024 — Fidelity Bank Nigeria acquires Union Bank UK (Union Bank of Nigeria UK subsidiary) for ~$160M consolidating Nigerian-UK banking.
2014 — Fidelity Bank Mobile banking app launch.
Ownership & operator
Operating entity: Fidelity Bank Plc Nigeria (Nigerian commercial bank; NGX: FIDELITYBK).
Major shareholders: Nigerian retail + institutional + foreign investors free float.
Regulators: CBN Central Bank of Nigeria + national regulators across 3+ countries.
Technical integration
Fidelity Bank Mobile app (iOS + Android) + fidelitybank.ng online + Fidelity Bank Nigeria branch network across Nigeria + UK + Cyprus international branches + Fidelity Visa + Mastercard + Verve cards; NG IBAN + NIBSS Instant Payments + NQR Nigeria.
Implementations & partners
Major Nigerian banking + payments competitors: Zenith Bank (Zenith Bank; NGX: ZENITHBANK; Nigerian commercial bank; one of Nigeria's largest commercial banks) + First Bank of Nigeria (FirstMobile) (First Bank of Nigeria FBN; NGX: FBNH; Nigeria's oldest commercial bank since 1894) + GTBank (Guaranty Trust Bank; GTWorld) (Guaranty Trust Bank GTBank; NGX: GTCO; Nigerian commercial bank; one of Nigeria's largest commercial banks) + Access Bank (Access Bank; NGX: ACCESSCORP; Nigeria's #2 commercial bank by assets) + UBA (United Bank for Africa) (UBA United Bank for Africa; NGX: UBA; Pan-African banking group across 20+ African countries) + Union Bank of Nigeria (Union Bank of Nigeria UBN; NGX: UBN; Titan Trust Bank parent) + Ecobank / Ecobank Mobile App (Ecobank Transnational Inc; ETI; Pan-African banking group across 35+ African countries) + Stanbic IBTC Nigeria / Stanbic IBTC Mobile 3.0 (APPbility) (Stanbic IBTC; NGX: STANBIC; Standard Bank Group Nigerian subsidiary) + OPay (OPay; Nigerian super-app + mobile money) + Carbon (Carbon Nigeria digital bank) + Kuda Bank (Kuda Bank Nigerian digital bank) + Flutterwave (Flutterwave; Nigerian fintech) + Paystack (Paystack; Stripe-owned Nigerian payment processor).
Regulators: CBN Central Bank of Nigeria + national regulators across 3+ countries.
Status
Active, NGX:FIDELITYBK + Nigerian commercial bank + one of Nigeria's largest commercial banks by assets + founded Aug 28 1988 as Fidelity Bank by Nigerian entrepreneurs + Apr 2024 Union Bank UK ~$160M acquisition consolidating Nigerian-UK banking 1, 2.
Sources
- 1 Fidelity Bank Nigeria — official
- 2 Fidelity Bank Nigeria — Wikipedia
- Nigeria report In-corpus:
reports/countries/NG-nigeria.md
Source
Biography extracted from fidelity-bank-nigeria.md. See matrix.md for standards-support matrix if present.