Fidelity Bank Wins ‘Export Finance Bank Of The Year’ At 2023 BAFI Awards

Fidelity Bank Plc has clinched the coveted “Export Finance Bank of the Year” award at the 2023 BusinessDay and Other Financial Institutions (BAFI) Awards, held in Lagos.

The BAFI Awards, now in its 10th year, are regarded as the gold standard for recognizing excellence in Nigeria’s financial services sector. According to BusinessDay Media Limited, the award organizers, it’s a celebration of institutions that excel in delivering financial services in Nigeria.

Mrs. Nneka Onyeali-Ikpe, the MD/CEO of Fidelity Bank, expressed her gratitude and dedicated the award to their customers. She said: “We are grateful for this recognition and dedicate the award to our customers who rely on us to provide the right support for operating effectively in the global non-oil exports market space.

“As a bank, we remain committed to our goal of helping individuals grow, inspiring businesses to thrive, and empowering economies to prosper.”

Fidelity Bank’s award is not a stand-alone achievement as Just weeks ago, the bank hosted the second edition of the Fidelity International Trade and Creative Connect (FITCC) expo in Houston, Texas, an event that showcased the bank’s commitment to facilitating global trade.

At the expo, Fidelity Bank inked a $40 million cocoa pre-export deal with AFREXIM Bank and JohnVents Industries, a development that analysts have hailed as a game-changer in the exports sector.

FITCC Houston was not just about deals; it was a platform for more than 160 Nigerian and US-based businesses to exhibit their offerings and engage in panel sessions.

The event aimed to foster a strong pipeline of Nigerian businesses exporting to the US market. In recognition of Fidelity Bank’s tireless efforts in promoting bilateral trade and economic development between Nigeria and the USA through the FITCC initiative, the Mayor of the City of Houston, Sylvester Turner, declared October 25, 2023, as FITCC Day in Houston, Texas.

Ranked among Nigeria’s top banks, Fidelity Bank serves over eight million customers through its 251 business offices in Nigeria and the United Kingdom, as well as its digital banking channels.

This latest accolade adds to a long list of both local and international awards, including “Best Payment Solution Provider Nigeria 2023” and “Best SME Bank Nigeria 2022” by the Global Banking and Finance Awards, “Best Bank for SMEs in Nigeria” by the Euromoney Awards for Excellence 2023, and “Best Domestic Private Bank in Nigeria” as per the Euromoney Global Private Banking Awards 2023.