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Tag "digital banking"

Standard Chartered to shut down 50% of Nigerian branches

    Standard Chartered to shut down 50% of Nigerian branches

Standard Chartered Plc is planning to close 50 percent of its branches in Nigeria to embrace digital banking. According to a report by Bloomberg News, the Nigerian subsidiary started closing

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Polaris Bank launches digital banking platform

    Polaris Bank launches digital banking platform

Polaris Bank has launched a digital banking platform, VULTe, to cater for customers’ self-service operations. The digital payment platform was unveiled at Eko Hotel, Lagos, on Tuesday. In his welcome

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Savings deposits, digital banking boom as Fidelity Bank declares N20bn profit

    Savings deposits, digital banking boom as Fidelity Bank declares N20bn profit

Fidelity Bank has announced a seven percent growth in profit after tax from N19 billion to N20.4 billion. According to the 2020 third-quarter results released by the bank on the

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Digital banking, savings deposits push Fidelity’s profits by 66%

    Digital banking, savings deposits push Fidelity’s profits by 66%

Fidelity Bank says the 66% profit growth it recorded in the first half of 2017 can be attributed to efforts made to deepen digital banking and increased savings deposits. In

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