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 outstanding demonstration of economic power, institutional self-discipline and visionary management.
In a press release issued on behalf of the Board, Management and Staff of Air Peace Limited, Onyema recommended the Bank for assembly its obligations all through the five-year tenure of the Eurobond, notably its resolution to fund the repayment solely 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 repute 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 essential relationship between banking and aviation, the Air Peace Chairman underscored the significance of financially resilient establishments equivalent to Fidelity Bank in supporting capital-intensive sectors, notably aviation, the place entry to financing stays important to fleet growth, operational sustainability and business progress.
He famous that robust 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 your entire Fidelity Bank household, expressing confidence within the establishment’s capability to realize even higher milestones.
He reaffirmed Air Peace’s goodwill in direction of Fidelity Bank, wishing the establishment continued progress, enduring stability and higher accomplishments in Nigeria’s monetary providers panorama.
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