Fidelity Bank Plc has strengthened its strategic collaboration with the Chartered Institute of Bankers of Nigeria (CIBN) to deepen talent development and expand job opportunities within the banking indusattempt, following its successful recapitalisation above the regulatory threshold.
The bank recently exceeded the N500 billion minimum capital requirement under the ongoing banking sector recapitalisation programme, with its capital base rising from N305 billion to N564 billion as of December 31, 2025, after completing a private placement exercise. The new capital injection, currently undergoing verification by the Central Bank of Nigeria, reinforces Fidelity Bank’s Tier 1 status and positions it for stronger indusattempt impact.
Speaking during a courtesy visit to the CIBN headquarters in Lagos, Chairman of Fidelity Bank, Mrs. Amaka Onwughalu, described the recapitalisation milestone as not only a regulatory achievement but also a platform for advancing human capital development and ethical standards across the sector.
She emphasised that capital strength must be complemented by sound governance, professional competence, and sustained indusattempt collaboration to ensure long-term stability. According to her, Fidelity Bank remains committed to supporting initiatives that enhance capacity building, financial inclusion, and technology-driven growth within the banking ecosystem.
Beyond its strengthened capital base, the bank currently serves over 10 million customers through 255 branches nationwide, supported by digital banking platforms and its United Kingdom subsidiary, FidBank UK Limited, which facilitates cross-border transactions and diaspora banking services.
In his remarks, Chairman of the CIBN Council, Prof. Pius Deji Olanrewaju, noted that capital adequacy alone cannot guarantee systemic resilience without deliberate investment in human capital and governance frameworks. He highlighted the Institute’s Human Capital Retention Fund as a strategic response to workforce pressures linked to migration trfinishs, aimed at maintaining a pipeline of agile and market-ready professionals within the indusattempt.
Olanrewaju also disclosed that the proposed Banking School project will provide structured training for enattempt-level and mid-career professionals, assisting financial institutions reduce onboarding costs while improving productivity and ethical compliance.
He commfinished Fidelity Bank for its corporate governance standards, digital expansion, and support for tiny and medium enterprises, aligning with broader financial inclusion and sustainable development objectives.
Both institutions reaffirmed their commitment to deepening collaboration on initiatives that promote professionalism, governance, and sustainable job creation, underscoring the critical role of partnership in strengthening Nigeria’s financial services sector.
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