WorldStage Newsonline– Fidelity Bank Plc, a Nigeria’s major bank has released its condensed unaudited financial statements for the period ended 31 December 2020 with a drop in gross earnings for the fourth quarter (Q4) to N50,154 billion from N54.460 billion in Q4 2019.
The gross earnings for the full year 2020 also declined to N205.184 billion from N215.514 billion in 2019.
The bank’s profit for the Q4 dropped by 18.58% to N7.626 billion from N9.367 billion in Q4 2019.
However, the bank’s profit for the full year dropped slightly by 1.38% to N28.033 billion from N28.425 billion in 2019.
