Fidelity Bank Ghana Records 32% Increase In Profit Before Tax
Fidelity Bank, the largest privately-owned Ghanaian bank, has recorded a 32% increase in profit before tax (PBT) for 2021. This came to light at the Bank’s recent Annual General Meeting (AGM) which was held virtually for its shareholders to review the performance of the bank for the year ended December 31st, 2021. Within the period under review, the Bank posted a strong growth in key financial metrics across its various business segments. In addition to the record increase in PBT, the bank also recorded a revenue of GH¢ 1.1 billion, 14% above the 2021 figure.