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Fidelity Bank Records 40 Per Cent Profit In Q1

Channels Television  
Updated May 17, 2013

Nigeria’s Fidelity Bank said on Friday its first-quarter pretax profit rose 40.42 percent year-on-year to N5.94 billion  ($37.62 mln), up from N4.23 billion a year ago, the bank said.

Gross earningsat the mid-tier lender rose to N31.43 billion during the three months as against N22.43 billion in the same period last year.












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