News Express banner Camano banner
Fidelity Bank rewards loyal customers at Lagos International Trade Fair

By News Express on 12/11/2015

Views: 3,143


It was a momentous day marked by unbridled joy and excitement as Fidelity Bank Plc., one of Nigeria’s most capitalised financial institutions, yesterday rewarded its loyal customers with cash prizes at the 2015 Lagos International Trade Fair. As part of the bank’s ongoing customer loyalty scheme,12 lucky beneficiaries – 6 FPSS account holders and 6 SWEETA account holders – each carted away N500,000 Xtra income and N150,000 school fees support respectively.

This move, which is part of the bank’s customer retention and acquisition strategy, is expected to help the bank boost sales of branded products at the fair. Speaking at Fidelity Bank’s Special Day at the Trade Fair in Lagos, Nnamdi Okonkwo, Managing Director/Chief Executive Officer, noted that the trade extravaganza has continued to attract local and foreign exhibitors over the years.

He commended the Board and Members of the Lagos Chamber of Commerce and Industry for the impressive effort since 1986 when the trade group took over the organisation of the Fair. Okonkwo stated that the fair provides an avenue for various trade groups to showcase their products and ideas as well as tap into the myriads of business opportunities that exist in Nigeria.

In spite of the harsh business landscape amplified by economic and regulatory pressures arising from the devaluation of the naira, tight monetary stance, and implementation of the Treasury Single Account (TSA), Okonkwo said the firm has remained profitable. In its third quarter (Q3) result for the period ended September 30, 2015, Fidelity Bank posted a rise of 11.0 percent and 1.8 percent in its gross earnings and profit respectively. “Our success story is anchored on improved service quality, innovative products and services tailored to meet the varying needs of our numerous customers”, He explained that the bank’s recent re-branding is a clear demonstration of its determination to exceed expectations in the delivery of excellent customer service.

Alluding to the bank’s efforts aimed at diversifying the nation’s monolithic economy, Okonkwo said that the bank is channeling significant human and financial resources into the real sector, particularly in the area of can manufacturing, food and beverages, electricity power projects, amongst others. He said this year’s edition of the trade fair tagged: ‘Enhancing Value Addition in the Non-Oil Economy’, is apt in view of the nation’s dwindling economic fortunes. The trade fair which kicked off on Friday last week, has in attendance over 1,000 exhibitors cutting across various industry verticals. But more importantly, these exhibitors will use the platform to showcase their innovative products and services to individual and corporate visitors across the globe.

According to the Bank Chief, prospective and existing customers of Fidelity Bank at the fair will benefit from its expert advisory services and robust electronic channels. In recent times, the Bank has made significant strides in the deployment of robust electronic banking system including internet, mobile banking and payment platforms, Automated Teller Machines (ATMs), Point of Sales (PoS) terminals, card solutions, and money transfer services. 

With about 4,000 Point of Sale (PoS) machines and 731 ATMs, the Bank’s efforts at promoting cash-lite economy is already yielding desired results. E-banking income increased by 128.4 percent y-o-y to N4.5 billion and 115.4 percent q-o-q, according to the Q3 reports. “At our stand, we offer full banking services while our experienced staff are readily available with our tailored product offerings that meet your financial needs”, he noted. At the fair, six variants of the Bank’s saving products designed to cater to the needs of various market segments were on display. “As such, we organise yearly promos and loyalty schemes to reward our customers and encourage them to imbibe savings culture. We are running an innovative promo tagged ‘Save 4 Shelter Promo’.

The promo focuses on one of the basic needs of man (Shelter)”, he stated. Three duplexes located in Abuja, Lagos & PH will be won in bi-monthly draws while rent support of N2m, N1m and N500,000 will be won in monthly draws.

•Photo shows Fidelity Bank MD/CEO, Nnamdi Okonkwo.

Source News Express

Posted 12/11/2015 04:48:23 AM

 


 

CLASSIFIED ADS

 

You may also like...
Ebonyi youths march for Buhari

Ogun warns applicants into School of Nursing against...

Abacha Family puts 65 posh cars up for...

Nigeria annually loses N4.4trn from absence of laws,...

PDP governors pledge free, fair convention

Tanzania threatens to de-register churches that criticise President...

TETFund cushioning impact of dwindling capital allocation to...

Jonathan lashes out at #BringBackOurGirls activists for frustrating...

Dare-devil pirates seize police gunboat, abduct 4 policemen,...

I’m under pressure to leave APC — Yari...

Obaseki announces plan to set up Export Processing...

Lagos builds largest rice mill in Sub Saharan...

 

Latest News Husband kills wife over plan to re-marry after his death Police share ‘helpful security tips’ JAMB speaks on release of 2019 UTME results National Assembly: Why I’m backing APC’s, Buhari’s position — Tinubu Gunmen abduct three cattle merchants in Taraba Oil spills claim 2 lives in Ogoni Police warn Enugu residents against 'wonder bank operators' Two cheat death on Easter Day Anambra to launch second edition of the Operation Kpochapu Kajuru Castle attackers demand N60m for kidnapped victims Osun to recruit 2,000 food vendors for school feeding Mother, Nurse, others in police net for selling 6 hours old baby

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (470,416 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (414,839 views) Shameless Genevieve Nnaji exposes breasts in public (352,329 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (301,724 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (265,986 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (239,030 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (225,985 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (207,502 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (196,517 views) 10 cars more expensive than Jets (188,722 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (179,048 views) Lagos plane crash: Journalist releases victims’ names (178,495 views)

 

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (86) Business & Economy (4,209) Business Verdict (65) Columnists (1,017) Complaints & Requests (95) Enterprise & Opportunities (208) Entertainment (607) Features (746) Global Business Monitor (344) ICT Monitor (35) International (3,340) Interview (176) Live Commentary (29) Love Matters (155) Maggie's Blog (232) News (45,190) Opinion (1,226) Pidgin (17) Politics (10,628) Religion (982) Sports (1,963) Stock Watch (39) AMA & Al Jazeera Global Update

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera