Fidelity Bank Wins 2023 BAFI Awards for Supporting Nigerian Exporters

Fidelity Bank Plc has been named the Export Finance Bank of the Year at the 2023 BusinessDay and Other Financial Institutions’ (BAFI) Awards. The award recognizes the bank’s leadership in supporting Nigerian exporters through innovative financial solutions and trade advisory services.

Fidelity Bank’s Export Desk is a one-stop shop for exporters, offering a comprehensive range of services, including export financing, trade finance, risk management solutions, and market intelligence and advisory services.

Read Also: What Blockchain Experts Suggest to Boost the Adoption of eNaira in Nigeria.

The bank has also developed several innovative products and services to meet the specific needs of exporters, such as the Fidelity Export Credit Guarantee Scheme. In 2022, Fidelity Bank facilitated over $2 billion in export transactions, representing a significant increase from the previous year. This growth is attributed to the bank’s strong support for Nigerian exporters and its commitment to providing innovative financial solutions and trade advisory services.

The Export Finance Bank of the Year award is a testament to Fidelity Bank’s leadership in the export sector and its role in driving the growth of Nigeria’s non-oil economy.

Quote from Fidelity Bank CEO: “We are honored to be recognized as the Export Finance Bank of the Year at the 2023 BAFI Awards. This award is a recognition of our commitment to supporting Nigerian exporters and our role in driving the growth of the country’s non-oil economy. We will continue to innovate and provide tailored financial solutions to help Nigerian exporters succeed in the global market.”

Also Read: Zest, The New Fintech App of Stanbic IBTC.

Fidelity Bank is one of the leading commercial bank in Nigeria with over 8 million customers. The bank has won numerous awards for its innovative financial solutions and commitment to supporting small and medium-sized enterprises (SMEs). Some of the bank’s recent accolades include:

• Best Payment Solution Provider Nigeria 2023 and Best SME Bank Nigeria 2022 at the Global Banking and Finance Awards
• Best Bank for SMEs in Nigeria at the Euromoney Awards for Excellence 2023
• Best Domestic Private Bank in Nigeria at the Euromoney Global Private Banking Awards 2023

Fidelity Bank’s digital banking channels and its presence in both Nigeria and the United Kingdom make it a convenient and accessible option for customers worldwide.