Fidelity Bank’s ‘A’ Rating, Affirmed By Agusto & Co

<h4>Fidelity Bank’s &OpenCurlyQuote;A’ Rating&comma; Affirmed By Agusto &amp&semi; Co<&sol;h4>&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a> <&sol;strong>reports that Pan-African credit rating agency&comma; Agusto &amp&semi; Co&period; has affirmed the &OpenCurlyQuote;A’ rating assigned to Fidelity Bank Plc and assigned an ESG score of &OpenCurlyQuote;2’ in reflection of the agency’s view that environmental&comma; social and governance issues have minimal contribution to the Bank’s credit rating&period;<&sol;p>&NewLine;<p>According to a note on the Agusto &amp&semi; Co&period; website&comma; &OpenCurlyDoubleQuote;The rating reflects Fidelity Bank’s improved profitability&comma; strong ability to refinance&comma; adequate capitalisation and low level of impaired credits&period;”<&sol;p>&NewLine;<p><a href&equals;"https&colon;&sol;&sol;www&period;vanguardngr&period;com&sol;">Fidelity Bank is a full-fledged commercial bank operating in Nigeria with over 7&period;5 million customers serviced across its 250 business offices and digital banking channels&period;<&sol;a> The bank was recognized as the Best Payment Solutions Provider&comma; Nigeria&comma; 2023 and Best SME Bank&comma; Nigeria&comma; 2022 by the Global Banking and Finance Awards&period; The bank had previously also won awards for the &OpenCurlyDoubleQuote;Fastest Growing Bank” and &OpenCurlyDoubleQuote;MSME &amp&semi; Entrepreneurship Financing Bank of the Year” at the 2021 BusinessDay Banks and Other Financial Institutions &lpar;BAFI&rpar; Awards&period;<&sol;p>&NewLine;