The Chairman and Chief Executive Officer of Air Peace, West and Central Africa’s largest airline, Dr. Allen Onyema, has hailed Fidelity Bank Plc on the profitable repayment of its US$400 million Eurobond at maturity, describing the achievement as a exceptional demonstration of monetary energy, institutional self-discipline and visionary management.
In an announcement issued on behalf of the Board, Management and Staff of Air Peace Limited, Onyema counseled the Bank for assembly its obligations all through the five-year tenure of the Eurobond, notably its resolution to fund the repayment fully from inner liquidity.
He attributed the milestone to the strategic foresight of Fidelity Bank’s Managing Director and Chief Executive Officer, Dr. Nneka Onyeali-Ikpe, whose management, he famous, has continued to strengthen the Bank’s monetary standing and status inside Nigeria’s banking business.
Onyema additional applauded the Bank’s profitable completion of its recapitalisation forward of the Central Bank of Nigeria’s stipulated deadline, describing each achievements as proof of sound company governance and sustainable monetary administration.
Highlighting the important relationship between banking and aviation, the Air Peace Chairman underscored the significance of financially resilient establishments resembling Fidelity Bank in supporting capital-intensive sectors, notably aviation, the place entry to financing stays important to fleet growth, operational sustainability and business development.
He famous that sturdy partnerships between monetary establishments and indigenous enterprises are indispensable to strengthening Nigeria’s financial competitiveness and advancing the nation’s broader growth aspirations.
Onyema congratulated Dr. Onyeali-Ikpe, the Board, Management and all the Fidelity Bank household, expressing confidence within the establishment’s capability to achieve even higher milestones.
He reaffirmed Air Peace’s goodwill in the direction of Fidelity Bank, wishing the establishment continued development, enduring stability and higher accomplishments in Nigeria’s monetary providers panorama.
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