For Investors

Contribute to the development of challenger banking here and in Europe

Inbank is a specialised digital bank that focuses on hire-purchase and consumer financing. Inbank operates in Estonia, Latvia, Lithuania and Poland, and we also collect deposits from Germany, Austria and Netherlands. Inbank's purpose is to offer the best services in its field and to grow on the European market with a focused product range.

The Estonian banking market is profitable, well capitalised and open to new digital solutions. As a product-based bank we see sustainable growth primarily outside of Estonia. Inbank has the advantage of operating in profitable product lines and the ability to develop products suitable for customers and merchants outside traditional banking channels.

Jan Andresoo

Founder and Chairman of the Supervisory Board of Inbank

Data as of 31.12.2020.

Inbank number of contracts

Active customer contracts:

690 000+

Inbank number of employees

Number of employees:

240+

Number of active partners

Number of active partners:

3800+

Inbank profit

Profit in 2020:

5,9 EURm

Data as of 31.12.2020.

Key financial indicators

In millions of euros 2016 2017 2018 2019 2020
Loan portfolio 65 93 226 338 402
Deposit portfolio 65 95 240 378 391
Total assets 85 126 318 463 490
Owner’s equity 12 22 36 47 61
Net interest income 8,4 11,0 19,9 31,2 35,2
Net fee and commission income 0,1 -0,1 -0,4 -0,8 -1,1
Total net income 9,2 11,7 21,4 32,0 34,8
Operating expenses 4,2 6,7 10,6 16,0 17,3
Operating profit 5,0 4,9 10,7 16,0 17,5
Impairment losses on loans 3,2 3,5 2,7 6,0 11,5
Net profit 2,6 7,5 9,3 10,0 5,9
Return on equity 26,6% 44,1% 31,9% 23,9% 10,8%
Net interest margin 13,7% 11,1% 9,5% 8,4% 7,8%
Impairment losses to loan portfolio 6,4% 4,5% 1,7% 2,1% 3,1%
Cost/income ratio 45,7% 57,8% 49,9% 49,9% 49,7%
Compherensive income(EURm)
Inbank profit
Loans and deposit portfolio development (EURm)

Loan portfolio Deposits & senior debt

Inbank portfolio

Inbank’s story

Inbank stems from the Estonian financial technology company Cofi that was established in 2011 and launched an innovative hire-purchase solution on the market. Cofi rose from a start-up to the market leader of hire-purchases from 2011-2015.
In 2015 the Estonian Financial Supervision Authority issued a banking licence to Cofi and we started using the name Inbank. The launch campaign of the bank was so successful we collected 11 million euros worth of deposits in the first two days alone.
To support our rapid international growth, Inbank bonds were issued in September 2016 and have been listed on the Nasdaq Tallinn Stock Exchange since October 2016.

Contact

If you have any questions about investor relations, please contact Priit Põldoja, founder and Chairman of the Supervisory Board of Inbank, or send an e-mail to investor@inbank.ee

Contact us

Priit Põldoja

CEO, Chairman of the Management Board, Founder