FidBank UK Limited, the international subsidiary of Fidelity Bank Plc, has announced plans to support Nigerians and corporate organisations seeking to invest in the United Kingdom, particularly in the real estate sector.
The bank unveiled the initiative during an exclusive product showcase hosted by the British Deputy High Commissioner to Nigeria, Jonny Baxter, at his residence in Lagos.
Through its FidBank Buy-to-Let product, the London-based financial institution aims to provide tailored financing solutions for high-net-worth individuals interested in acquiring investment properties in the UK.
Speaking at the event, Johnson Enemadu said the initiative is designed to support customers and businesses with access to capital and investment opportunities while strengthening economic ties between Nigeria and the United Kingdom.
According to him, the product launch comes at a time of growing bilateral engagement between both countries, creating new opportunities for trade, investment and financial collaboration.
In his remarks, Baxter reaffirmed the United Kingdom’s commitment to deepening economic relations with Nigeria through increased investment, trade and financial cooperation. He noted that institutions such as FidBank UK play a vital role in strengthening commercial links between the two countries by expanding investment opportunities and facilitating cross-border transactions.
Also speaking at the event, Lagos State Governor, Babajide Sanwo-Olu, represented by the Commissioner for Finance, Abayomi Oluyomi, described the initiative as a strategic platform that aligns with the state's economic development agenda and supports Nigerians who live, work and invest across the Nigeria-UK corridor.
The event also featured art exhibitions by renowned Nigerian artists, Femi Morakinyo and Oswald Chukwunyeremugo.
Operating from the City of London since 1983, FidBank UK provides trade finance, personal and business banking, treasury services, commercial lending and private banking services to customers across Nigeria, the United Kingdom and other West African markets. The bank is authorised by the UK's Prudential Regulation Authority and regulated by both the Financial Conduct Authority and Prudential Regulation Authority.