Fidelity Bank Plc Wins 2025 DBN Innovation Award for MSME Assist

In recognition of its distinctive contributions to progressive monetary options for Micro, Small, and Medium Enterprises (MSMEs), Fidelity Bank Plc has been awarded the 2025 Development Bank of Nigeria (DBN) Innovation Award within the Deposit Cash Financial institution (DMB) class.

This prestigious accolade celebrates Fidelity Bank’s dedication to addressing the distinctive challenges confronted by MSMEs, a significant phase in Nigeria’s financial progress.

Dr. Nneka Onyeali-Ikpe, MD/CEO of Fidelity Bank Plc, commented on the award, reaffirming the financial institution’s dedication to empowering Nigerian entrepreneurs: “At Fidelity Bank, innovation is on the coronary heart of our technique to help MSMEs. This recognition underscores our dedication to creating scalable, inclusive, and technology-driven monetary options that create constructive outcomes for our nation’s entrepreneurs. We’re honored to obtain the DBN award and dedicate it to our loyal prospects for his or her continued help.”

The award was introduced on the 2025 Service Ambassadors’ Awards ceremony in Lagos, themed ‘Enhancing Partnership for MSME Resilience and Progress.’ Tony Okpanachi, Managing Director of DBN, emphasised the significance of economic establishments in reworking unbankable concepts into viable companies by advisory companies.

“You, our companions, are acknowledged and celebrated in your outreach to entrepreneurs and companies in search of to scale. We recognize you in your position in changing unbankable concepts into bankable companies,” Okpanachi said.

He famous that the award goals to acknowledge companions who make a big impression, specializing in storytelling and the constructive adjustments they create to Nigeria.

This award joins a collection of landmark initiatives by Fidelity Bank geared toward supporting MSMEs. Earlier in Could, the financial institution signed a Memorandum of Understanding (MOU) with the Small and Medium Enterprises Improvement Company of Nigeria (SMEDAN) to facilitate the growth of Nigerian MSMEs throughout Africa.

Moreover, Fidelity Bank launched the Constancy SME Hub in Gbagada, Lagos—a multifunctional facility geared up with coaching halls, assembly rooms, networking areas, and studios for music, images, and content material manufacturing. This hub is designed to foster innovation, collaboration, and capacity-building, important parts for strengthening Nigeria’s SME ecosystem and driving financial progress.

Ranked among the many greatest banks in Nigeria, Fidelity Bank Plc is a full-fledged Business Deposit Cash Financial institution serving over 9.1 million prospects by digital banking channels, its 255 enterprise workplaces in Nigeria and United Kingdom subsidiary, FidBank UK Restricted.

The Financial institution is the recipient of a number of native and worldwide Awards, together with the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Monetary Establishments (BAFI) Awards; the 2024 Most Modern Cellular Banking Software award for its Constancy Cellular App by International Enterprise Outlook, and the 2024 Most Modern Funding Banking Service Supplier award by International Manufacturers Journal. Moreover, the Financial institution was acknowledged because the Greatest Financial institution for SMEs in Nigeria by the Euromoney Awards for Excellence and because the Export Financing Financial institution of the 12 months by the BusinessDay Banks and Monetary Establishments (BAFI) Awards.