General News of Friday, 28 March 2025
Source: www.ghanawebbers.com
**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. He emphasized transparency, 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 understand banking performance better.
The bank reaffirmed its financial strength during the event. It noted consistent profitability since 2022 and asset growth. Additionally, it reported a low Non-Performing Loans (NPL) ratio.
Fidelity Bank is investing in digital transformation as well. A new Special Project Office will focus on improving 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 working to reduce waste and support 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. Additionally, they introduced Orange Inspire, a fund for artists and entrepreneurs.
Through its Orange Impact initiative, Fidelity Bank aims to improve education access. They also focus on empowering women and promoting environmental sustainability.
In 2024, the bank invested GH¢5.74 million in CSR programs. This investment has 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.