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๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria /Economy & Trade

Ememandu: FidBank Preserves, Move Wealth through Tailored Cross-border Solutions

From ThisDay · () English

Summarized and contextualized by DistantNews.

At a glance

Interview Named sources Context piece
  • FidBank UK Limited aims to be a key intermediary for Nigerian investors and businesses seeking opportunities in the United Kingdom.
  • The bank offers tailored cross-border solutions, including Buy-to-Let property investments, Euroclear access, and international debit card services.
  • FidBank UK, formerly Union Bank UK after its acquisition by Fidelity Bank Plc, is focused on wealth preservation, growth, and seamless international financial access for its clients.

FidBank UK Limited is actively positioning itself as a crucial gateway for Nigerian investors and businesses looking to expand their reach into the United Kingdom. The bank is dedicated to helping its clients build, preserve, and move wealth through specialized cross-border financial solutions.

Johnson Ememandu, CEO of FidBank UK Limited, highlighted the bank's offerings, which include Buy-to-Let property investments, access to Euroclear for securities trading, and international debit card services with exclusive lifestyle privileges. These services are designed to cater to the evolving needs of a globalized clientele.

Our journey has been one of deliberate evolution. Following Fidelity Bank Plcโ€™s acquisition of Union Bank UK in 2023 and its subsequent transformation into FidBank UK Limited, we identified a unique opportunity to create a platform that connects our customers to credible, long-term wealth creation opportunities across borders.

โ€” Johnson EmemanduThe CEO of FidBank UK Limited discusses the bank's strategic evolution and mission.

Following Fidelity Bank Plc's acquisition of Union Bank UK in 2023 and its rebranding as FidBank UK Limited, the institution has focused on creating a platform that connects Nigerian customers with credible, long-term wealth creation opportunities abroad. The bank has consistently hosted product showcase platforms since 2024, initially focusing on its Buy-to-Let proposition and expanding to include its international debit card and Euroclear capabilities.

We are not driven by trends; rather, we are committed to developing solutions that align with the way our customers live, invest, and build wealth.

โ€” Johnson EmemanduFidBank UK's CEO explains the bank's customer-centric approach to product development.

Ememandu emphasized that the bank's strategy is not driven by trends but by a commitment to developing solutions that align with how customers live, invest, and build wealth. The interconnected nature of modern financial lives, where individuals may earn income in one country, invest in another, and travel frequently, necessitates seamless pathways that eliminate friction and facilitate global financial access.

FidBank UK's approach is centered on a disciplined growth strategy, a strong risk culture, and advancing the international ambitions of the Fidelity Bank Group. By unlocking new opportunities across the UK-Nigeria economic corridor, the bank aims to provide its customers with the confidence to achieve their financial goals.

As financial lives become more interconnected, our responsibility is to eliminate friction and provide solutions

โ€” Johnson EmemanduThe CEO highlights the bank's role in simplifying international finance for its clients.
DistantNews Editorial

Originally published by ThisDay. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.