Fidelity Bank explains the delay in releasing H1, 2020 financial statements

Fidelity Bank Plc has written to the Nigerian Stock Exchange (NSE) to delay in publishing its financial statement for half year ended June 30 and that it would be released latest by September 28, 2020.

The bank’s Company Secretary, Mrs Ezinwa Unuigboje, made this known in a notice posted on the Exchange’s website on Tuesday.

Unuigboje said that the audited financial report had been completed and sent to the Central Bank of Nigeria for approval.

“The NSE has granted a 30-day extension time to file the bank’s audited half year financial statements for the period ended June 30, 2020.

“The bank expects to publish the 2020 H1 Audited Financial Statement on or before Sept. 28,” she said.

Unuigboje said that the trading window for dealings on the bank’s shares would remain closed to insiders until 24 hours after the release of the H1 2020 financials.