Fidelity Bank Plc (NSE: FIDELITYBK) is one of the ten largest Nigerian banks based on assets and market capitalization (N42 billion at October 20, 2017). It provides a broad array of products and services to individual and corporate customers including current and savings accounts, consumer and commercial loans, credit and debit cards, mortgages, online banking, trade finance, project finance, financial advisory services, money market and treasury services, cash management, private banking, diaspora banking and other services. With over 3,200 employees, it operates through a network of about 230 branches and 750 ATMs across the country. Fidelity Bank Plc was established in 1987 as a merchant bank. In 1999, it was converted to commercial bank and became a universal bank in 2001. On May 17, 2005, it was listed on the Nigerian Stock Exchange. The current enlarged Fidelity is a result of the merger with FSB International Bank and Manny Bank in December 2005. As of June 30, 2017, the company had total assets of N1.309 trillion (US$3.9 billion), customer loans of N720 billion and customer deposits of N761 billion.