Fidelity Bank Plc, top Nigerian lender, has clinched the award for “Bank of the Year” at this year’s edition of the Leadership Awards 2018 held in Abuja recently. The bank won the prestigious award in recognition of its unparalleled commitment to growing the nation’s economy by supporting the agricultural industry and consistently enhancing the development and competitiveness of Micro, Small and Medium Enterprises (MSMEs).
Receiving the award on behalf of the bank at an elaborate presentation ceremony, which turned out to be a gathering of the crème de la crème of society, Deputy Managing Director (DMD), Fidelity Bank Plc, Mohammed Balarabe, said, “we are greatly honoured to be recognised as the 2018 Bank of the Year as one of the most supportive banks aiding the growth of the agriculture and MSME sectors, which are critical sectors of the economy.”
Balarabe, who dedicated the award to the bank’s over 4.2 million customers, promised that the bank will not rest on its oars particularly in relation to boosting Nigeria’s agricultural value chain through the provision of innovative funding schemes and technical advisory services to MSMEs and commercial agribusiness projects. “Agriculture is the highest employer of labour in Nigeria today. We feel proud to be recognised for this feat,” he further stated.
While noting that Nigeria has one of the largest economies in Africa with great potential for agricultural and manufacturing activities, the DMD expressed the bank’s readiness to explore fresh opportunities to create wealth for the economy. “We remain at the vanguard of agric and MSME financing. We will continue to support the efforts of the central bank by making funds available to individuals and corporate entities involved in agribusiness projects.”