Market announcement

AS Inbank

LEI code

2138005M92IEIQVEL297

Size of the entity

Large group

Economic activities

Financial and Insurance Activities

Industry sector(s)

Credit institution

Country of registered office

Estonia

General information

Categories

Other corporate action

Unique data record identifier

7607

Submission date and time

28.11.2019 07:30:00

Content of announcement in Estonian

Title

Inbank hakkab Leedus hoiuseid vastu võtma

Message

BÖRSITEADE
28.11.2019
Inbank AS

Inbank hakkab Leedus hoiuseid vastu võtma

15. novembril  2019 Leedus filiaali  asutanud Inbank  laiendab äritegevust Leedu
tähtajaliste  hoiuste turule, mille  maht ulatub 4 miljardi  euroni. Inbankil on
juba  enam  kui  25 000 aktiivset  hoiusekontot  Saksamaal, Austrias, Hollandis,
Poolas ja Eestis, kus pakutakse üht turu kõrgemat tähtajalise hoiuse intressi.

Inbank  siseneb Leedu tähtajaliste hoiuste turule atraktiivse, kuni 2,5% suuruse
intressimääraga.  Tegu  on  praeguse  turu  parima  pakkumisega, sest harilikult
teenivad pangakliendid hoiustelt intressi ligikaudu 1% või vähem.

Viimase  aasta  jooksul  on  Inbank  kahekordistanud  oma hoiuste portfelli, mis
ulatub   2019. aasta   kolmanda  kvartali  lõpuks  375 miljoni  euroni.  Hoiuste
kaasamine Leedus mitmekesistab panga finantseerimise kanaleid veelgi.

Inbank  on tarbimisfinantseerimisele  keskendunud digitaalne  pank, mis tegutseb
Balti  riikides  ja  Poolas  ning  kaasab  hoiuseid  ka  Saksamaal,  Austrias ja
Hollandis.  Inbankil  on  enam  kui  1750 aktiivset koostööpartnerit ja 550 000
aktiivset  kliendilepingut.  Inbanki  võlakirjad  on  noteeritud Nasdaq Tallinna
börsi Balti võlakirjade nimekirjas.

Lisainfo:

Kärri Brewster-Palts
Inbank AS
Grupi turundusjuht
[email protected] (mailto:[email protected])
+372 5565 5500

Content of announcement in English

Title

Inbank starts accepting deposits in Lithuania

Message

ANNOUNCEMENT
28.11.2019
Inbank AS

Inbank starts accepting deposits in Lithuania

Following the establishment of its Lithuanian branch on 15 November 2019, Inbank
expands  its  business  to  the  4 EURb  Lithuanian term deposits market. Inbank
already  has  over  25 000 active  deposit  accounts  in  Germany,  Austria, the
Netherlands, Poland and Estonia, where it offers one of the highest term deposit
interest rates on the market.

Inbank  will enter the Lithuanian market with an attractive annual interest rate
of  up to 2.5% on term deposits making it currently the best offer amongst banks
on  the market where clients typically earn around 1% or less on their deposited
savings.

Within the past year, Inbank has doubled its deposit portfolio reaching 375 EURm
by  the end of Q3  2019. Taking deposits in Lithuania  will diversify the bank's
financing channels even further.

Inbank  is a  consumer finance  focused digital  bank active  in the Baltics and
Poland   with   additional   deposits  accepted  in  Germany,  Austria  and  the
Netherlands. Inbank has over 1,750 active partners and 550,000 active contracts.
Inbank bonds are listed on the Nasdaq Baltic Stock Exchange.

Additional information:

Kärri Brewster-Palts
Inbank AS
Head of Group Marketing
[email protected]
+372 5565 5500