Fidelity Bank Awaits CBN’s Approval for H1’20 Results

The board of the Fidelity Bank Plc, a Nigerian leading financial group, held it’s meeting to discuss the 2020 Audited Half Year Financial Statements of the Lender for the period ended June 30, 2020.

In a notice to the Nigerian Stock Exchange (NSE) last week, it was stated that the board members approved the 2020 Audited Half Year Financial Statements.

However, this is still subject to the approval of the Central Bank of Nigeria (CBN), the regulatory body for the banking sector in the country.

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“Please refer to our press release dated June 30, 2020, wherein we notified The Nigerian Stock Exchange (The Exchange) and the General Public of the commencement of the audit of Fidelity Bank Plc’s (the Bank) 2020 Half Year Financial Statements.

Please be informed that the Board of Directors of Fidelity Bank PLC, at its meeting of August 13, 2020, approved the 2020 Audited Half Year Financial Statements, subject to the approval of the Central Bank of Nigeria.

Pursuant to the above, please be informed that the Bank shall notify The Nigerian Stock Exchange and the General Public upon receipt of the Central Bank of Nigeria’s approval for the 2020 Audited Half Year Financial Statements and expects to publish some on or before August 29, 2020.”

Source: Brandspurng