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Fidelity Bank Ghana unveils strategic initiatives for enhanced financial reporting

Republic Online by Republic Online
March 30, 2025
in Business, General, Local News, News, Review, Top Stories
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Fidelity Bank Ghana unveils strategic initiatives for enhanced financial reporting
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Fidelity Bank Ghana has announced a series of strategic initiatives aimed at enhancing financial reporting, expanding digital banking services, and reinforcing its commitment to sustainability.

Speaking at a media engagement in Accra, Managing Director Julian Opuni underscored the bank’s dedication to transparency, financial inclusion, and national development.

As part of efforts to improve financial reporting, the bank plans to introduce workshops across the country, beginning in Takoradi, to equip journalists with a deeper understanding of banking performance.

Reaffirming its financial strength, Fidelity Bank highlighted its consistent profitability since 2022, significant asset growth, and a low Non-Performing Loans (NPL) ratio.

In a bid to further enhance customer experience, the bank has also established a Special Project Office dedicated to driving digital transformation.

Mr. Opuni stressed the need for a collective effort to combat financial fraud, calling on the media to help raise awareness and educate the public on fraudulent activities.

On the sustainability front, the bank is increasing its use of renewable energy, implementing waste reduction measures, and supporting local businesses.

Fidelity Bank has invested over GH¢427 million in SME loans and launched the Fidelity Ghana Challenge (GTIC) to support youth-led enterprises.

Additionally, it has introduced Orange Inspire, a creative fund aimed at empowering artists and entrepreneurs.

Through its Orange Impact initiative, the bank continues to drive efforts in education, women’s empowerment, and environmental sustainability.

With GH¢5.74 million invested in corporate social responsibility (CSR) programs in 2024, Fidelity Bank has positively impacted over 26,000 individuals.

Mr. Opuni reaffirmed the bank’s mission to create shared value for customers and communities, reinforcing its position as a leader in Ghana’s financial sector.

 

Tags: Fidelity BankFidelity Bank GhanaFidelity Ghana Challenge (GTIC)Managing Director Julian Opuni




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