Fidelity Bank Plc began operations in 1988, as a merchant bank. In 1999, it converted to commercial banking and then became a universal bank in February 2001.

The current enlarged Fidelity Bank is a result of the merger with the former FSB International Bank Plc and Manny Bank Plc (under the Fidelity brand name) in December 2005.

Fidelity Bank is today ranked amongst the top 10 in the Nigerian banking industry, with presence in the major cities and commercial centres of Nigeria.

Over the years, the bank has been reputed for integrity and professionalism. It is also respected for the quality and stability of its management.

Fidelity staffs are also respected in the Nigerian banking industry for the quality of training they receive on the job, as well as in good business schools both in Nigeria and overseas. The Management is particular about the quality of people that join the system. To qualify as a member of Team Fidelity, a candidate is expected to possess three vital statistics, with the acronym TAC: Talent (an innate mental aptitude), Ambition (a desire to succeed), and Character (a total quality of integrity which will guide the talent and ambition to productive ends).

The Management is focused on building and maintaining a virile and well-respected brand that caters to the needs of its growing corporate, commercial and consumer banking clientele. For this purpose, the bank is leveraging its pedigree in investment banking (Fidelity was a merchant bank for 11years) and its structures and service offerings for a retail populace.

Fidelity Bank also enjoys the respect and partnership of a network of off-shore institutions with which it has correspondent banking, confirmation lines, credit and other relationships. These include, ANZ London, Afr-eximbank, Cairo, Egypt, ABSA South Africa, Commerce Bank, Frankfurt, Citibank, N.A. London and New York, FBN Bank, UK Ltd, SCB, London, HSBC, US Ex-im Bank, USAID, etc.