• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Uncategorized

Fidelity Bank Financial Report for 2018

5 years ago
in Uncategorized
1 min read
0 0
0
109
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

RelatedPosts

Nigerian Stock Market Creates Largest Pool of Billion-Dollar Stocks in 2025

Africa Private Investment Nearly Doubles to $3bn on Mega Deals

Kumasi High Court Dismisses Compensation Suit by 500 Former AngloGold Ashanti Workers

We continued with our stated vision of creating value for all our stakeholders by recording a notable performance in 2018 in relation to 2017 on a number of key performance indicators.

The Bank recorded a 30% growth in total assets moving from GH¢5.4 billion in 2017 to a little overGH¢7.0 billion. Operating income increased to GH¢690 million from
GH¢523 million in 2017; representing a 32% growth.

Furthermore, the Bank recorded a 79% increase in profit before tax of GH¢242 million in 2018 compared to GH¢135 million for 2017 due to lower provisioning , lower
funding costs, improved interest margins, amongst others.

Our deposit base also increased by 13% to GH¢4.5 billion buoyed by our innovative deposit mobilization campaigns such as the Switch & Smile as well as through transaction floats.

– Board Chairman

FBL 2018 Annual Report by Fuaad Dodoo on Scribd

No Result
View All Result

Highlights

FIFA Imposes Transfer Ban on Hearts of Oak Over $150,000 Hiddink Debt

AGI Presses GRA to Curb Illicit Imports as Cedi Appreciation Fuels Influx of Goods

Degas Ltd Pledges $100m to Position Ghana as Africa’s First AI-driven Agriculture Hub

Gold Fields Boosts H1 2025 Earnings, Eyes Reinvestment in Tarkwa as Damang Transition Looms

President Mahama’s High-Stakes Gamble: Is Ghana Giving Away Too Much to Foreign Investors?

Ghana, Côte d’Ivoire to see Limited Gains From Higher Cocoa Prices – Fitch Solutions

Trending

Features

Lithium Price Surge to be Short-Lived, Analysts Say

August 22, 2025

Lithium Price Surge to be Short-Lived, Analysts Say Lithium prices surged this week on concerns about supply...

Gold Fields Targets 20% of Global Output from Tarkwa Mine by 2026

August 22, 2025

Records Shattered at Inaugural Expanded FIFA Club World Cup in the USA

August 22, 2025

FIFA Imposes Transfer Ban on Hearts of Oak Over $150,000 Hiddink Debt

August 22, 2025

AGI Presses GRA to Curb Illicit Imports as Cedi Appreciation Fuels Influx of Goods

August 22, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.