Fidelity Bank: Improvement in efficiency spurs growth

Despite that the economic headwinds and other regulatory challenges that negatively impacted the operating landscape of banking industry last year, Fidelity Bank posted stellar performance in its 2016 financials. Chris Ugwu writesIndustry challenges Just like in the previous year (2015), the buoyancy of the Nigerian banking sector was tested as receptiveness and dexterity became key drivers of strong and sustainable performance in an increasingly volatile operating environment. This was compounded by currency devaluation at the second quarter of 2016, which increased pressure on asset quality and...The post Fidelity Bank: Improvement in efficiency spurs growth appeared first on New Telegraph Newspapers.
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