Fidelity unveils plans to enhance financial reporting

**Fidelity Bank, Ghana**

Fidelity Bank Ghana has launched new initiatives to improve financial reporting. They aim to expand digital banking services and strengthen sustainability efforts.

At a media event in Accra, Managing Director Julian Opuni highlighted the bank’s commitment to transparency. He also emphasized the importance of financial inclusion and national development.

To enhance financial reporting, Fidelity Bank will hold workshops across Ghana. The first workshop will take place in Takoradi for journalists. This aims to help them better understand banking performance.

The bank reaffirmed its financial strength during the event. It noted consistent profitability since 2022, asset growth, and a low Non-Performing Loans (NPL) ratio.

Fidelity Bank is investing in digital transformation. A new Special Project Office has been established to improve customer experience.

Mr. Opuni urged a united effort against financial fraud. He called on the media to help raise awareness about this issue.

On sustainability, the bank is increasing its use of renewable energy. It is also focused on reducing waste and supporting local businesses.

Fidelity Bank has invested over GH¢427 million in SME loans. They launched the Fidelity Ghana Challenge (GTIC) to support youth-led enterprises as well. Additionally, they introduced Orange Inspire, a creative fund for artists and entrepreneurs.

Through its Orange Impact initiative, Fidelity Bank works to improve education access. They also empower women and promote environmental sustainability.

In 2024, the bank invested GH¢5.74 million in CSR programs. These efforts have positively impacted over 26,000 individuals.

Mr. Opuni reiterated the bank’s mission to create shared value for customers and communities. He emphasized Fidelity Bank's role as a leader in Ghana’s financial sector.