Development of Fellow Bank's loan and deposit portfolio in May

FELLOW BANK PLC PRESS RELEASE 3.6.2022 AT 11:00 AM EEST

Fellow Bank has had a strong start.

In May 2022, Fellow Bank provided funding worth of EUR 26.1 million. The loan portfolio totaled EUR 96.6 million at the end of the month. Deposits totaled EUR 226.2 million at the end of the month.

Fellow Bank, which invests in easy-to-use digital service channels, currently offers flexible financial services for SMEs and personal customers, as well as a competitive and secure return on deposits with savings accounts and time deposits. The service offering will expand gradually during 2022.

Fellow Bank will report on the development of the loan and deposit portfolio on a monthly basis. 

Further information

Teemu Nyholm, CEO, Fellow Bank Plc, teemu.nyholm@fellowpankki.fi, tel. +358 50 577 1028 

Fellow Bank in brief

Fellow Bank Plc is a new Finnish bank that helps both personal and business customers to manage their day-to-day finances in a flexible and straightforward manner. For savers, we offer an attractive interest rate on deposits. Fellow Bank Plc is regulated by the Financial Supervisory Authority of Finland and listed on Nasdaq Helsinki’s main list (FELLOW). www.fellowbank.com

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