Fidelity Bank records 0.78% drop in profit to N9.5b in Q1 2022 despite 29.4% revenue growth

WorldStage Newsonline– Fidelity Bank Plc has released its condensed unaudited financial statements for the first quarter ended 31 March 2022 with 0.78% drop in profit for the period N9.515 billion from N 9.590 billion in Q1 2021.

However, the bank recorded  29.4% growth in gross earnings toN71.332 billion during the quarter from N 55.122 billion in Q1 2021.