{"id":119287,"date":"2023-11-13T11:59:10","date_gmt":"2023-11-13T11:59:10","guid":{"rendered":"https:\/\/www.ghanamma.com\/2023\/11\/13\/fidelity-bank-delivers-impressive-q3-performance\/"},"modified":"2023-11-13T11:59:10","modified_gmt":"2023-11-13T11:59:10","slug":"fidelity-bank-delivers-impressive-q3-performance","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2023\/11\/13\/fidelity-bank-delivers-impressive-q3-performance\/","title":{"rendered":"Fidelity Bank Delivers Impressive Q3 Performance"},"content":{"rendered":"<p><\/p>\n<div>\n<p><strong>Julian Opuni<\/strong><\/p>\n<p>\u00a0<\/p>\n<p>Fidelity Bank Ghana Ltd. has delivered an impressive and robust financial performance in the third quarter of 2023.<\/p>\n<p>According to the Q3 report, Fidelity Bank Ghana achieved a remarkable surge in its operating income, reaching an impressive GH\u00a2 1.38 billion, representing a substantial 36% increase compared to the same period last year.<\/p>\n<p>Notably, the bank\u2019s profit before income tax soared by 40%, reaching GH\u00a2 620.73 million, reaffirming its prudent financial management and forward-thinking approach.<\/p>\n<p>The bank also registered a commendable 7% growth in assets, amounting to GH\u00a2 15.94 billion, a testament to its strong financial standing and astute risk management practices. A notable 5% increase in loans and advances to customers, totaling GH\u00a2 3.03 billion, underscores the bank\u2019s unwavering commitment to facilitating access to credit.<\/p>\n<p>Furthermore, a substantial 25% growth in deposits from customers reinforces the efficacy of the bank\u2019s customer-centric strategies and innovative product offerings.<\/p>\n<p>Moreover, Fidelity Bank maintained a robust Capital Adequacy Ratio (CAR) which remains pegged well above the prudential minimum regulatory requirement.<\/p>\n<p>The bank also reported a 67% increase in Shareholder\u2019s funds, closing the third quarter at GH\u00a2 1.09 billion. Notably, this amounts to a full-scale recovery of the post-DDEP impact losses incurred.<\/p>\n<p>John Glover, Director for Strategy and Performance at Fidelity Bank, expressed his delight with these results and emphasized the bank\u2019s commitment to exceeding expectations and meeting the needs of its customers, shareholders, and stakeholders.<\/p>\n<p>Managing Director of Fidelity Bank Ghana, Julian Opuni, emphasized the bank\u2019s resilience and community-centric values, which have been pivotal in driving impactful change within Ghana\u2019s banking industry.<\/p>\n<p>He stated, \u201cOur resilience extends beyond our financial performance; we are an integral part of the communities we serve. Our commitment to sustainable development, youth empowerment, and environmental stewardship remains at the core of our values.\u201d<\/p>\n<p>\u201cAs an indigenous financial institution, we are proud of our role in fostering a prosperous future for Ghana, and we remain poised to elevate our impact even further,\u201d he added.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>\u00a0<\/strong><strong>A Business Desk Report<\/strong><\/p>\n<p><!-- AI CONTENT END 2 -->\n\t<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Julian Opuni \u00a0 Fidelity Bank Ghana Ltd. has delivered an impressive and robust financial performance in the third quarter of 2023. According to the Q3 report, Fidelity Bank Ghana achieved a remarkable surge in its operating income, reaching an impressive GH\u00a2 1.38 billion, representing a substantial 36% increase compared to the same period last year. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":119288,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-119287","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Fidelity Bank Delivers Impressive Q3 Performance - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2023\/11\/13\/fidelity-bank-delivers-impressive-q3-performance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fidelity Bank Delivers Impressive Q3 Performance - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Julian Opuni \u00a0 Fidelity Bank Ghana Ltd. has delivered an impressive and robust financial performance in the third quarter of 2023. According to the Q3 report, Fidelity Bank Ghana achieved a remarkable surge in its operating income, reaching an impressive GH\u00a2 1.38 billion, representing a substantial 36% increase compared to the same period last year. [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/2023\/11\/13\/fidelity-bank-delivers-impressive-q3-performance\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-13T11:59:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/11\/Julian-Opuni.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"620\" \/>\n\t<meta property=\"og:image:height\" content=\"440\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ghana News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/11\/13\/fidelity-bank-delivers-impressive-q3-performance\/\",\"url\":\"https:\/\/www.ghanamma.com\/2023\/11\/13\/fidelity-bank-delivers-impressive-q3-performance\/\",\"name\":\"Fidelity Bank Delivers Impressive Q3 Performance - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/11\/13\/fidelity-bank-delivers-impressive-q3-performance\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/11\/13\/fidelity-bank-delivers-impressive-q3-performance\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/11\/Julian-Opuni.jpg\",\"datePublished\":\"2023-11-13T11:59:10+00:00\",\"dateModified\":\"2023-11-13T11:59:10+00:00\",\"author\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/#\/schema\/person\/6f91dab2e50bbbfe895c93e7e84e7f74\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/11\/13\/fidelity-bank-delivers-impressive-q3-performance\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2023\/11\/13\/fidelity-bank-delivers-impressive-q3-performance\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/11\/13\/fidelity-bank-delivers-impressive-q3-performance\/#primaryimage\",\"url\":\"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/11\/Julian-Opuni.jpg\",\"contentUrl\":\"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/11\/Julian-Opuni.jpg\",\"width\":620,\"height\":440},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/11\/13\/fidelity-bank-delivers-impressive-q3-performance\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.ghanamma.com\/2023\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Fidelity Bank Delivers Impressive Q3 Performance\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2023\/\",\"name\":\"Ghanamma.com\",\"description\":\"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2023\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/#\/schema\/person\/6f91dab2e50bbbfe895c93e7e84e7f74\",\"name\":\"Ghana News\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"caption\":\"Ghana News\"},\"sameAs\":[\"https:\/\/www.ghanamma.com\/2023\"],\"url\":\"https:\/\/www.ghanamma.com\/2023\/author\/ghanamma\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Fidelity Bank Delivers Impressive Q3 Performance - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2023\/11\/13\/fidelity-bank-delivers-impressive-q3-performance\/","og_locale":"en_US","og_type":"article","og_title":"Fidelity Bank Delivers Impressive Q3 Performance - Ghanamma.com","og_description":"Julian Opuni \u00a0 Fidelity Bank Ghana Ltd. has delivered an impressive and robust financial performance in the third quarter of 2023. According to the Q3 report, Fidelity Bank Ghana achieved a remarkable surge in its operating income, reaching an impressive GH\u00a2 1.38 billion, representing a substantial 36% increase compared to the same period last year. [&hellip;]","og_url":"https:\/\/www.ghanamma.com\/2023\/11\/13\/fidelity-bank-delivers-impressive-q3-performance\/","og_site_name":"Ghanamma.com","article_published_time":"2023-11-13T11:59:10+00:00","og_image":[{"width":620,"height":440,"url":"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/11\/Julian-Opuni.jpg","type":"image\/jpeg"}],"author":"Ghana News","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ghana News","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2023\/11\/13\/fidelity-bank-delivers-impressive-q3-performance\/","url":"https:\/\/www.ghanamma.com\/2023\/11\/13\/fidelity-bank-delivers-impressive-q3-performance\/","name":"Fidelity Bank Delivers Impressive Q3 Performance - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2023\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2023\/11\/13\/fidelity-bank-delivers-impressive-q3-performance\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2023\/11\/13\/fidelity-bank-delivers-impressive-q3-performance\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/11\/Julian-Opuni.jpg","datePublished":"2023-11-13T11:59:10+00:00","dateModified":"2023-11-13T11:59:10+00:00","author":{"@id":"https:\/\/www.ghanamma.com\/2023\/#\/schema\/person\/6f91dab2e50bbbfe895c93e7e84e7f74"},"breadcrumb":{"@id":"https:\/\/www.ghanamma.com\/2023\/11\/13\/fidelity-bank-delivers-impressive-q3-performance\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2023\/11\/13\/fidelity-bank-delivers-impressive-q3-performance\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2023\/11\/13\/fidelity-bank-delivers-impressive-q3-performance\/#primaryimage","url":"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/11\/Julian-Opuni.jpg","contentUrl":"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/11\/Julian-Opuni.jpg","width":620,"height":440},{"@type":"BreadcrumbList","@id":"https:\/\/www.ghanamma.com\/2023\/11\/13\/fidelity-bank-delivers-impressive-q3-performance\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ghanamma.com\/2023\/"},{"@type":"ListItem","position":2,"name":"Fidelity Bank Delivers Impressive Q3 Performance"}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2023\/#website","url":"https:\/\/www.ghanamma.com\/2023\/","name":"Ghanamma.com","description":"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2023\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.ghanamma.com\/2023\/#\/schema\/person\/6f91dab2e50bbbfe895c93e7e84e7f74","name":"Ghana News","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2023\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","caption":"Ghana News"},"sameAs":["https:\/\/www.ghanamma.com\/2023"],"url":"https:\/\/www.ghanamma.com\/2023\/author\/ghanamma\/"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/posts\/119287","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/comments?post=119287"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/posts\/119287\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/media\/119288"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/media?parent=119287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/categories?post=119287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/tags?post=119287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}