Inbank Audited Annual Report for 2021

The independent auditor’s report has been added to the annual report in ESEF format. Compared to the unaudited interim report published on February 28, there are no differences in the audited financial results.

AS Inbank (Inbank) annual consolidatedal report 2021 has been attached to the announcement and will be made available on the Inbank website at

  • In 2021, Inbank achieved a net profit of 11.0 million euros, which is 86% more than the previous year. The annual return on equity was 15.6%.
  • Inbank’s loan portfolio grew by 50% per year to €605 million. At the same time, the deposit portfolio increased by 58% to reach 618 million euros at the end of the year.
  • Total revenue for 2021 was €498 million, up 66% compared to 2020. Growth was driven by sales financing, which amounted to nearly €359 million euros, or 74% more than a year earlier. Among the markets, Poland experienced the fastest growth as expected, with sales volumes up 150% to 230 million euros.
  • At the end of 2021, Inbank had 804,000 active contracts and more than 4,600 active partners.

Key financial indicators December 31, 2021

Total assets EUR 787.0 million
Loan portfolio EUR 604.8 million
Deposit portfolio EUR 617.9 million
Total equity €79.0 million
Net profit €11.0 million
Return on equity 15.6%

Inbank is a digital bank focused on consumer finance, active in the Baltics, Poland and Czechia, with additional deposits accepted in Germany, Austria, the Netherlands and Finland. Inbank has over 4,600 active partners and 804,000 active contracts. Inbank bonds are listed on the Nasdaq Baltic Stock Exchange.

Further information:

Merit Arva
Inbank AS
Communications Manager
[email protected]
+372 553 3550

  • Inbank_Annual_Report_2021_translation

  • Inbank_Annual_report_2021

About Ian Crawford

Check Also

Why EverQuote shares may remain weak

EverQuote (ALREADY) stocks are down nearly 40% since the start of 2022, pushing the 14-day …