Avarda Bank AB (publ) (STO:AVARDA)
Sweden flag Sweden · Delayed Price · Currency is SEK
171.40
-3.60 (-2.06%)
At close: Apr 24, 2026

Avarda Bank AB Company Description

Avarda Bank AB (publ), a digital credit and payment platform, provides consumer banking services and e-commerce solutions in Sweden.

The company operates through three segments: Consumer Lending, Ecommerce Solutions, and Credit Cards.

It offers deposit products; unsecured consumer loans; and digital payment solutions, as well as credit cards.

The company serves private individuals in Sweden, Finland, Norway, Denmark, Estonia, Latvia, Lithuania, Poland, Germany, Austria, Ireland, the Netherlands, Italy, and Spain.

Avarda Bank AB (publ) was formerly known as TF Bank AB (publ) and changed its name to Avarda Bank AB (publ) in April 2026.

The company was incorporated in 1972 and is headquartered in Borås, Sweden.

Avarda Bank AB (publ)
CountrySweden
Founded1972
IndustryBanks - Regional
SectorFinancials
Employees471
CEOJoakim Jansson

Contact Details

Address:
Lilla Brogatan 6
Borås, 503 30
Sweden
Phone46 3 37 22 35 00
Websitegroup.tfbank.se

Stock Details

Ticker SymbolAVARDA
ExchangeNasdaq Stockholm
Fiscal YearJanuary - December
Reporting CurrencySEK
SIC Code6020

Key Executives

NamePosition
Mikael MeomuttelChief Financial Officer, Deputy Chief Executive Officer and Head of Investor Relations
Joakim JanssonChief Executive Officer and President
Claudia WieseChief Operating Officer
Nicole NorrestadHead of Legal and Co-Acting Head of Corporate Office
Wojciech DrozdHead of Poland
Vilma SoolHead of Continental Europe Consumer Lending and Chief Commercial Officer
Juho MaanpääHead of Finland
Juris PuceHead of Latvia
Tobias FahlqvistHead of Group Controlling and Investor Relations
Jonas DanielssonChief Risk Officer