The earning assets of Fidelity Bank Plcgrew significantly to N2.64 trillion in 2022.
Earning assets are the income-producing investments that a company owns or holds. They include stocks, bonds, rental property income, and other interest or dividend-earning accounts.
According to the audited financial statements of Fidelity Bank, released recently on the Nigerian Stock Exchange (NGX), the earning assets of the financial institution increased by 19.1 percent from the N2.22 trillion recorded in the final quarter of 2021.
The bank’s earning assets make up a significant portion of its total assets, which stood at N3.989 trillion in 2022, up by 21.76 percent from N3.276 trillion in 2021.
