Ferratum Bank plc

 (2.9; 18 ratings)
2.9 18
Business Focus
retail and SME banking

Ferratum Bank was incorporated in Malta in September 2012 in order to provide additional funding sources and business opportunities to its parent company, Ferratum Group (Finland). Ferratum Group provides internet and mobile micro-loans, amongst various other services, across a number of countries. It offers fast and readily available banking services, loans and savings both online and on mobile devices.

Services

retail banking
SME banking

Area Served

MTMalta
ESSpain
DEGermany

Products

online micro-loans
online savings
working capital loans

Financials

Total Assets of Ferratum Bank plc
Profit_before_taxes of Ferratum Bank plc
Market Share of Ferratum Bank plc
Total Assets (2018)
282.00 mln EUR  (+8.05%)
Profit before Taxes (2018)
13.87 mln EUR  (+29.02%)
Number of Employees (2015)
172  (+70.30%)

Ferratum Bank plc is the 12th largest bank in Malta in terms of total assets. In 2018 its total assets were 282,00 mln EUR, providing the bank with the market share of 0.99%. In 2018 the bank's profit before taxes was 13,87 mln EUR. Ferratum Bank plc had 172 employees in 2015.

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Depositor Compensation Scheme (DCS)
Covered Depositors
natural persons (Maltese and foreign)
legal entities (Maltese and foreign)
Covered Accounts
most types of deposits

Ferratum Bank plc participates in the deposit guarantee scheme of Malta. This deposit guarantee scheme applies to most types of deposits made by natural persons (Maltese and foreign), legal entities (Maltese and foreign) and covers up to up to 100,000 EUR per bank per depositor. Ferratum Bank plc is a member of Depositor Compensation Scheme (DCS) and makes its contributions into it.

Contacts

Tagliaferro Business Centre, Level 6, 14 High Street,, SLM 1551, Sliema, Malta

Ferratum Bank plc is headquartered in Sliema.

Bank Identifiers

BIC (SWIFT)
FEMAMTM1
LEI
213800SGT5S6EKUW2987
MFI ID
MTCIFERB

Bank History

Previous Name
Ferratum Bank (Malta) Limited

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