Avarda Bank AB (publ) (STO:AVARDA)
Sweden flag Sweden · Delayed Price · Currency is SEK
171.00
+1.40 (0.83%)
At close: Apr 28, 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)
Country Sweden
Founded 1972
Industry Banks - Regional
Sector Financials
Employees 497
CEO Joakim Jansson

Contact Details

Address:
Lilla Brogatan 6
Borås, 503 30
Sweden
Phone 46 3 37 22 35 00
Website group.tfbank.se

Stock Details

Ticker Symbol AVARDA
Exchange Nasdaq Stockholm
Fiscal Year January - December
Reporting Currency SEK
SIC Code 6020

Key Executives

Name Position
Mikael Meomuttel Chief Financial Officer, Deputy Chief Executive Officer and Head of Investor Relations
Joakim Jansson Chief Executive Officer and President
Claudia Wiese Chief Operating Officer
Nicole Norrestad Head of Legal and Co-Acting Head of Corporate Office
Wojciech Drozd Head of Poland
Vilma Sool Head of Continental Europe Consumer Lending and Chief Commercial Officer
Juho Maanpää Head of Finland
Juris Puce Head of Latvia
Tobias Fahlqvist Head of Group Controlling and Investor Relations
Jonas Danielsson Chief Risk Officer