Fidelity Bank: Nigeria’s Bank of The Year, Best Agribusiness Promoter

Fidelity Bank Plc, strong and reliable tier two lender has clinched the Bank of the Year award.

The Nnandi Okonkwo led bank has also top other banks as the most innovative in agri-business.

The bank received the awards at this year’s edition of the Leadership Awards 2018 held in Abuja recently.

The bank won the prestigious award in staunch recognition of its unparalleled 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), the bank said in a statement.

While receiving the award on behalf of the bank at an elaborate presentation ceremony, witnessed by the crème of both financial and private sectors, Deputy Managing Director, Mohammed Balarabe said the award was in recognition of Fidelity Bank’s as the backbone of agribusiness and MSME in Nigeria.

“We are greatly honored to be recognized 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 said.

He dedicated the award to the Bank’s over 4.2 million customers, promising 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.

He noted that Nigeria has one of the largest economy in Africa with great potential for agricultural and manufacturing activities, adding that the bank’s will continue to explore fresh opportunities to create wealth for the economy.

He said “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.”