Two investors acquire Fidelity Bank’s 3.04b shares placement
Fidelity Bank Plc has sold additional shares to two investors in a special private placement valued at about N14 billion. Fidelity Bank at the weekend
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The banking industry involves borrowing and lending money. Banks take customer deposits in return for paying customers an annual interest payment.
It is majorly used to keep money safe for customers, offer customers interest on deposits, protect against money losing value against inflation, lend money to firms, customers and homebuyers, and offer financial advice and related financial services, such as insurance
This is the major reason why we keep everyone updated on the recent happenings in the financial industry.