Anga

In an encouraging turn of events for the banking sector, Fitch Ratings has recently upgraded the rating of Fidelity Bank, highlighting the organization's remarkable resilience and effective strategies. This significant uplift was attributed to Fidelity Bank’s successful capital raise through a rights issue and public offering, along with an impressive improvement in its profitability, largely driven by increased interest income paired with a solid foundation of low-cost current and savings deposits. Dr. Nneka Onyeali-Ikpe,…