Fidelity Bank Ltd.

Subsidy : March 2022

BIO has granted USD 36,290 of technical assistance to Fidelity Bank, a Ghanaian commercial bank, to develop and implement a gender strategy/action plan.

Amount

€ 32,583.00

Type of investment

Subsidy

Beneficiary locations

Sub-Saharan Africa: Ghana

Investment field

Financial Institutions

Activity

KK.64.190  Commercial banking

Organisation

Fidelity Bank Ltd.

Domicile

Ghana

More investments in

Fidelity Bank Ltd.

  • Subsidy € 25,075.00 (2019-2019)
  • Debt € 14,433,000.00 (2016)

Fidelity Bank Ltd. is the largest privately-held domestic bank in Ghana.

The bank was originally created in 1998 as a discount house to provide investment products and services to private and institutional customers. It was granted a universal banking licence in 2006. Fidelity Bank has since reported impressive performance, becoming the 6th largest bank in total assets with 80 branches in 9 out of the 10 regions in Ghana and more than 1,000 employees.

Technical assistance

The aim of the technical assistance is to develop and implement a gender strategy/action plan to promote gender equality and female leadership in the workplace

Expected impact

  • BIO will play a fundamental role by supporting the design of an organisational-wide strategy on gender.
  • Raising awareness of gender equality at different levels of the organisation.
  • Gradual increase in the number of female senior managers.

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