Fidelity Bank PLC has clinched the coveted title of “Nigeria’s Best Private Bank” at the 2025 Euromoney Awards for Excellence, an event that took place at the iconic Savoy Hotel in London on April 12, 2025. The recognition cements the bank’s rising influence in Africa’s financial landscape and underlines its strategic push to dominate private banking with precision-tailored solutions for Nigeria’s high-net-worth clientele.
Executives and financial heavyweights from across the world gathered for the ceremony organized by Euromoney, a respected global financial publication established in 1969. The awards, considered the gold standard in global banking, honored institutions that have demonstrated innovation, consistency, and excellence. Fidelity Bank’s win puts it in the same league as international giants recognized across Europe, Asia, and the Americas.
According to the judges at Euromoney, Fidelity Bank stood out for its “bespoke wealth management solutions, real estate financing, and asset-backed lending services,” which are structured to meet the evolving and often complex needs of its elite clients. The panel emphasized the bank’s capacity to balance personalised advisory with digital sophistication—a rare feat in sub-Saharan Africa’s financial terrain.
Dr. Nneka Onyeali-Ikpe, Managing Director and CEO of Fidelity Bank, praised the achievement as a reflection of the bank’s unwavering focus on value-driven service delivery. “This award is a nod to the relentless innovation of our private banking division and the trust of our clients. We are pushing boundaries to deliver holistic financial growth solutions, both in Nigeria and globally,” she said in a statement on April 15.
The bank has seen exponential growth in its private banking portfolio over the last three years, driven by a strategic expansion of its advisory services, investments in digital platforms, and deeper engagement with diaspora clients. With more than 9.1 million customers and 251 branches across Nigeria and the UK, Fidelity Bank is leveraging its reach to build a powerful cross-border wealth management brand.
The 2025 win adds to a growing list of accolades. In 2024, the bank received the Excellence in Digital Transformation and MSME Banking Award from BusinessDay BAFI Awards, and the Most Innovative Mobile Banking App from Global Business Outlook. It was also named Nigeria’s Best Bank for SMEs by Euromoney and clinched Export Financing Bank of the Year, making it one of the most decorated Nigerian banks in the last 18 months.
Analysts now consider Fidelity Bank a prime model for next-generation African banking—fusing legacy trust with agile, tech-driven innovation. As competition intensifies in the private banking space, this latest recognition not only boosts the bank’s global profile but sets a new benchmark for others in the region.
