28/4/2016/Fidelity Bank Plc

Our attention has been drawn to reports in the media on investigations into transactions undertaken by the Bank in the normal course of business in 2015.

The transactions are now the subject matter of investigations by the Economic & Financial Crimes Commission (EFCC).

We can confirm that the transactions were duly reported as required by the regulators and the Bank is cooperating fully with the authorities on the investigation.

We assure our numerous stakeholders, including our customers that we are working assiduously towards a quick resolution of the issues.

Update

Shares of Fidelity Bank at the close of the Thurday’s trading on the Nigerian bourse appreciated 2.56 percent to N1.20 from N1.17 traded the previous session; gaining 0.03 percent.