Fidelity Bank Report 23.6% Growth In Post-Tax Profit

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BY NKECHI NAECHE--Fidelity Bank Plc said it’s  Post-tax profit appreciated 23.6 percent from N14.45 billion reported the same period of 2017 to N17.85 billion in 2018.

This contained in a notice to the Nigerian Stock Exchange (NSE), that bank’s pretax profit rose from N16.23 billion in 2017 to N20.06 billion for nine month period ended September 30, 2018; indicating an increased 23.6 percent.

Gross earnings of bank was not left out as it rose massively to N139.00 billion in nine months period of 2018 when compare to  N130.06 billion reported in the nine month period of 2017; representing a growth of 6.9 pencent.




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