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RPT-Nigeria Fidelity Bank sees 2015 pretax profit at 23.5 bln naira
July 6, 2015 / 2:45 PM / 2 years ago

RPT-Nigeria Fidelity Bank sees 2015 pretax profit at 23.5 bln naira

LAGOS, July 6 (Reuters) - Nigeria's Fidelity Bank expects pretax profit this year to reach 23.5 billion naira from 16.5 billion naira a year ago, the mid-tier lender said in a prospectus which it used to raise a 30 billion naira bond.

Fidelity Bank expects loan growth to hover between 15-20 percent from 2013-2015, driven by existing and new facilities made to power, agriculture, oil and gas sectors, it said. (Reporting by Chijioke Ohuocha; Editing by Keith Weir)

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