New investment in Fidelity Bank Ghana
April 10, 2017
Incofin cvso enhances its portfolio with a $ 3 million investment in Fidelity Bank in Ghana. The agreement was led by FMO, the Dutch development bank, and was co-financed by Incofin cvso.
Fidelity is the 4th largest bank in Ghana. It was founded in 2006. The bank has seen a significant growth in the past years. Fidelity intends to further develop MSME banking (micro, small and medium-sized enterprises) and offers microfinance as well as other financial products, focusing on agriculture, education, youth employment among women, and health.
