FELLOW BANK PLC PRESS RELEASE 5.7.2022 To 4:30 p.m. EST
In June 2022, Fellow Bank provided funding worth €25.7 million. Total loan portfolio €112.2 million and deposits totaled €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 individuals, as well as competitive and secure deposit yield with savings accounts and term deposits. The service offer will gradually expand over the course of 2022. In June, deposit and term accounts for professional customers were launched in both mobile banking and the net.
Fellow Bank will report monthly on the evolution of the loan and deposit portfolio.
Fellow Bank Plc is a new Finnish digital bank that helps individuals and businesses manage their day-to-day finances in an easy and flexible way. 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 the Nasdaq Helsinki Master List (FELLOW). www.fellowbank.com