Fidelity Bank pre-tax profit grows by 21% to N30.4b – Fidelity Bank Plc recorded well-rounded performance in 2019 as the commercial bank grew top-line and bottom-line by double-digits. The board of the bank has recommended 81.8 per cent increase in dividend payout, from 11 kobo to 20 kobo per share.
Key extracts of the audited report and accounts of Fidelity Bank for the year ended December 31, 2019 showed that gross earnings grew by 14 per cent to N215.5 billion in 2019 as against N189 billion in 2018. Profit before tax rose by 21 per cent to N30.4 billion compared with N25.1 billion while profit after tax increased by 24 per cent from N22.9 billion in 2018 to N28.4 billion in 2019. Net operating income had risen by 15.6 per cent from N97.2 billion to N112.3 billion. Total assets grew by 22.9 per cent from N1.72 trillion in 2018 to N2.11 trillion in 2019.
The board of the bank has recommended distribution of N5.8 billion as cash dividend for the 2019 business year, representing a dividend per share of 20 kobo compared with 11 kobo paid in 2018.
Chief Executive Officer, Fidelity Bank Plc, Mr. Nnamdi Okonkwo, said the results showed that the bank was on sustainable growth path.
“We are delighted at the results which clearly showed that we sustained our performance trajectory and continued to increase our market share driven by significant traction in our chosen business segments,” Okonkwo said.
He noted that the 2019 performance was enhanced by new initiatives in the retail lending segment and the deepening of the bank’s existing digital products, poting out that the bank now has 47.4 per cent of its customers enrolled on the mobile and internet banking products with 82 per cent of total transactions now done on digital platforms and 31.1 per cent of fee-based income now coming from digital banking business.
*GOOD DAY MA/SIR*
Have you had about *LAVITA RICCA INVESTMENT* ? am not talking about MMM or Ponzi SCHEME
lavita is a matrix system which give you DOUBLE of your CAPITAL back in (45 min) after registration
LAVITA PACKAGES
₦10,000——–₦20,000❌❌❌
₦20,000——–₦40,000
₦40,000——–₦80,000
₦50,000——–₦100,000
₦100,000——₦200,000
₦200,000——₦400,000
₦400,000——₦800,000
₦800,000——₦1,600,000
₦1,000,000—₦2,000,000
NOTE: we credit your account after 45min after registeration.
INTRODUCTION
Lavita Ricca International is a company duely registered under the Coporate Affairs Commission of Nigeria and certified fraud free to do business in Nigeria by the Economic Financial Crimes Commission (EFCC). This is a Nigerian network marketing company founded by Mr. Ifeanyi Alex Monye with it’s Head Quarter’s. The company takes pride in the fact that it stands out amongst other network marketing companies. It has the best compensation plan, affordable and effective services, systems that keeps her customers coming back for more. When you join this company, you get more than their outstanding services.
CONTACT NAME:- ELIZABETH TINA
HOT LINE:+2349036369810
ITS SIMPLE HERE !!!!!!!
We trade with hard currency here like bit coin we make 3tripple of your donation and send you you two part and we benefit one part Example if you invest with 20k within 45mins we make profit of 60k then send 40k to you then profit 20k. This is not mmm where they merge people to donate for each other
You pay directly to us and we credit you directly.
https://api.whatsapp.com/send?phone=2349036369810&text=Am_in_interested_in_lavita_ricca_investment_how_do_i_register
Note:you get credited in less than 45mins.
CHAT US-UP IF INTEREST FILL YOUR FORM AND START EARNING
NOTE: You can finish reading this and decide not to take the necessary actions, but the next time you want to complain about not having money, just know that you are on your own problem. ? ? ?
*HOW IT WORKS* :
WHEN YOU REGISTER , A MEMBER IS MERGE TO YOU THAT YOU’LL MAKE PAYMENT TO THEN,
IN A PERIOD OF *45MINUTES TO 1HOUR* ANOTHER MEMBER IS BEEN MERGE TO PAY YOU BACK OF YOUR DONATION(INVESTMENT).
LAVITA PACKAGES
₦20,000—–₦40,000
₦40,000—–₦80,000
₦50,000—–₦100,000
₦100,000—₦200,000
₦200,000—₦400,000
₦400,000—₦800,000
₦800,000—₦1,200,000
₦1,000,000—₦2,000,000
₦2,000,000—₦4,000,000
₦5,000,000–₦10,000,000
*All within 45mins*
https://api.whatsapp.com/send?phone=+2349036369810
*NOTE* : REGISTRATION IS FREE