By Ayomide Otitoju
Fidelity Bank Plc has been recognised by the Development Bank of Nigeria (DBN) with the Service Ambassadors Award for the Highest Impact on MSMEs Accessing Credit for the First Time, reaffirming its leadership in small and medium-scale enterprise financing.
The award honours Deposit Money Banks that have successfully extended credit to previously unbanked or credit-excluded Micro, Small and Medium Enterprises (MSMEs) across Nigeria, highlighting Fidelity Bank’s continued efforts to deepen financial inclusion and support business growth.
Speaking on the recognition, Divisional Head of Small and Medium-scale Enterprises Banking at Fidelity Bank, Ugochi Osinigwe, expressed appreciation to DBN, noting that the award reflects the bank’s commitment to expanding access to finance for small businesses.
She said the bank remains focused on providing funding, advisory services, capacity building, market access and digital solutions to help MSMEs grow, create jobs and contribute to economic development.
Osinigwe added that the recognition would further strengthen Fidelity Bank’s interventions in the SME sector.
The latest award adds to a series of recognitions for the bank’s MSME support initiatives, including the 2025 DBN Innovation Award and the 2020 DBN Service Award for highest disbursement to DBN-focused locations.
Over the years, Fidelity Bank has implemented several programmes aimed at strengthening the SME ecosystem, including the Fidelity SME Hub in Lagos, which provides training, advisory services, networking opportunities and creative facilities for entrepreneurs.
The bank also operates the Fidelity Quarterly Business Forum, a platform that connects business owners, policymakers and industry experts to discuss trade, innovation and sustainable growth.
In addition, its SME Masterclass Series offers practical training on pricing, sales, visibility and business expansion, while its participation in federal MSME intervention schemes has supported access to funding for qualified businesses, including women-led enterprises.
Fidelity Bank also drives export readiness through initiatives such as the Fidelity Nigeria International Trade and Creative Connect and its partnership with the Nigerian Export Promotion Council and Lagos Business School on the Export Management Programme.
The bank further collaborates with the National Credit Guarantee Company to reduce lending risks and expand access to credit, alongside financial literacy and business management training for beneficiaries.
Ranked among Nigeria’s leading financial institutions, Fidelity Bank serves over 10 million customers through 255 business locations and digital channels, including its UK subsidiary, FidBank UK Limited.
The bank has received multiple industry recognitions for its performance in retail banking, SME financing, trade finance, innovation and community empowerment.Copyright TRUSTAFRICA NEWS.
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