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Home Reports Banking/Finance

Fidelity Bank Financial Report for 2015

5 years ago
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In keeping with our stated vision of creating value for all our stakeholders, the Bank recorded an improved performance in 2015 relative to 2014 on a number of key parameters.

The Bank recorded a growth in balance sheet size of 36% to over GH¢4 billion. Operating income over GH¢552 million which represented 69% growth over last year’s.

Our customer base has increased from 621,829 to 1,024,637 helping to improve our deposit base by 69% to GH¢3 billion. It is worth noting that this growth was primarily driven by current and savings accounts, in accordance with our deposit-led strategy.

As a result of the aforementioned, the Bank recorded an 83% increase in profit before tax of GH¢205.8 million in 2015 compared to GH¢112.5 million in 2014.

– Board Chairman

Fidelity Bank 2015 Annual Report by Fuaad Dodoo on Scribd

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