Fidelity Bank Plc has announced the completion of the acquisition of a 100% stake in Union Bank Plc.[/b]

According to Bloomberg, the CEO of Fidelity Bank, the Chief Executive of Fidelity Bank, Mrs Nneka Onyeali-Ikpe, made this disclosure.

The Bank noted that following the completion of the acquisition of Union Bank UK, it would expand into five African countries via acquisition.

Nneka Onyeali-Ikpe said: “The strategy is for us to move our footprint outside Nigeria and compete favourably with our peers. In the next three years, we should be able to be in six countries by doing at least two yearly .”

TemplarLandry:

Bestmanfornow:
Fidelity bank always focus and strong even when many banks were collapsing during banks turbulence of N25 Billion Naira Bank Capital Base

gammarays:

We remember Peter Obi was chairman of this Fidelity.
An Apple 🍎 doesn't fall far from the tree 🌴

gammarays:

We remember Peter Obi was chairman of this Fidelity.
An Apple 🍎 doesn't fall far from the tree 🌴

Psalmistproject:
Good move by union bank.

Abeg heritage bank should just beg any big bank to buy them. Una staff na gist dem dey do. No cash! No network! Week to week haba!

gammarays:

We remember Peter Obi was chairman of this Fidelity.
An Apple 🍎 doesn't fall far from the tree 🌴

Bestmanfornow:

He control the highest shares and built a strong management team in the bank

Bestmanfornow:

He equally control biggest shares in international brewery that has kicked Nigeria brewery to the corner

Adaisback:
Peter Obi's bank. My bank for lyf. Congrats to us. Nlfpmod, are you also banking with us

trulymatters:
Why did union bank fail

socialmediaman:
So Big Strong Reliable was all just jingles?

trulymatters:
Why did union bank fail

socialmediaman:
So Big Strong Reliable was all just jingles?

Bestmanfornow:
Fidelity Bank Plc has announced the completion of the acquisition of a 100% stake in Union Bank Plc.[/b]

According to Bloomberg, the CEO of Fidelity Bank, the Chief Executive of Fidelity Bank, Mrs Nneka Onyeali-Ikpe, made this disclosure.

The Bank noted that following the completion of the acquisition of Union Bank UK, it would expand into five African countries via acquisition.

Nneka Onyeali-Ikpe said: “The strategy is for us to move our footprint outside Nigeria and compete favourably with our peers. In the next three years, we should be able to be in six countries by doing at least two yearly.”

https://dailypost.ng/2023/09/13/fidelity-bank-announces-100-acquisition-of-union-bank/

trulymatters:
Why did union bank fail