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

FELLOW BANK PLC PRESS RELEASE 5.7.2022 AT 4:30 PM EEST

In June 2022, Fellow Bank provided funding worth of EUR 25.7 million. Loan portfolio totaled EUR 112.2 million and deposits totaled EUR 223.4 million at the end of the month.

Fellow Bank, which focuses on 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 gradually expand during 2022. In June, deposit and fixed-term accounts for business customers were released both in the mobile and net bank.

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 digital 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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