Development of Fellow Bank's loan and deposit portfolio in July
FELLOW BANK PLC PRESS RELEASE 8.8.2022 AT 4:10 PM EESTIn July 2022, Fellow Bank provided funding worth of EUR 22.3 million. The loan portfolio totaled EUR 116.7 million and deposits totaled EUR 255.2 million at the end of the month. At the beginning of July, we completed the acquisition of Mobify Invoices Oy, which focuses on the development of a mobile application for personal financial management. In the future, Mobify's application will complement the features of our mobile bank, and Mobify's development team will further strengthen Fellow Bank’s mobile development expertise.