Fidelity Bank Headoffice

Fidelity Bank Plc has said it was adjudged the “Best Telecoms Financing Bank” in Nigeria.

The commercial bank said in a statement that its bank emerged tops among three banks that were nominated for the award at the 8th Annual Nigerian Telecom Awards, which took place in Lagos at the weekend.

Other banks nominated according to the statement were Access Bank Plc and First Bank Plc. Both financial institutions emerged first and second runners-up respectively in the Banking and Financial Services category.

It explained: “The organisers said that Fidelity Bank was recognised for its overall contribution to total loans and advances to Information and Communication Technology (ICT) and telecommunications sectors. In their assessment, the portion of the banks support to ICT within the period under review clearly surpassed those of its competitors.”

Receiving the award on behalf of Fidelity Bank, its Executive Director, Corporate Banking, Mr. John Obi, thanked the organisers of the event for the recognition.

“We are committed to the development of the industry and the economy at large,” he said while dedicating the feat to the staff of the bank for their hard work and commitment.
Fidelity Bank had last year won the Euromoney Project Finance Telecommunications Deal Award.