Expansion of Fellow Bank’s loan and deposit portfolio in September


FELLOW BANK PLC PRESS RELEASE 7.10.2022 To 12:20 p.m. EST

In September 2022, Fellow Bank provided funding worth €29.0 million. The loan portfolio totals €141.3 million and deposits totaled €265.0 million at the end of the month.

In September, Fellow Bank and Talenom informed that they have signed a cooperation agreement regarding the offer of banking and financing services to customers who use Talenom’s accounting services.

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 during 2022.

Fellow Bank reports monthly on the evolution of the loan and deposit portfolio.

More information

Teemu NyholmCEO, Fellow Bank Plc, [email protected], tel. +358 50 577 1028

Fellow Bank in short

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

https://news.cision.com/fellow-pankki-oyj/r/development-of-fellow-bank-s-loan-and-deposit-portfolio-in-september,c3644042

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