Fidelity Bank Plc, in a filing on the Nigerian Stock Exchange (NSE) on Wednesday, said its half year to June pre-tax profit dropped 15.7 percent to N9.43 billion ($58.26 million) compared with N11.19 billion in the same period last year.

Gross earnings in the second tier lender however rose to N63.25 billion from N62.90 billion year earlier.

The bank records a profit after tax  of N8.017 billion, down from the  N9.06 billion posted last year.

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