STOCKHOLM, Feb. 9, 2022 /PRNewswire/ -- The total loan portfolio amounted to SEK 11,181 million at the end of January. Compared to January 2021, the loan portfolio has increased by 32 % in local currencies.

 

                             

                                   

 Month

                                   

Jan-22

                                   

Jan-21

                                   

Change

                                               

                                   

Consumer Lending




                                   

  New lending, SEK million

 

411

 

320

 

28 %

 

                                   

Ecommerce Solutions




                                   

  Transaction volume*, SEK million

 

588

 

293

 

101 %

 

                                   

Credit Cards




                                   

  New lending, SEK million

 

256

 

126

 

103 %

 

*The sum of all purchases that goes through TF Bank's payment solutions

All figures for January 2022 are preliminary.

For further information, please contact:
Mikael Meomuttel, CFO and Head of Investor Relations +46 (0) 70 626 95 33

The information was provided for publication on February 9, 2022 at 08.30 CET.

TF Bank in brief
TF Bank was founded 1987 and is an internet-based niche bank offering consumer banking services and e-commerce solutions through a proprietary IT platform with a high degree of automation. Deposit and lending activities are conducted in Sweden, Finland, Norway, Denmark, Estonia, Latvia, Lithuania, Poland, Germany and Austria through branch or cross-border banking. The operations are divided into three segments: Consumer Lending, Ecommerce Solutions and Credit Cards. TF Bank is listed on Nasdaq Stockholm.

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The following files are available for download:

https://mb.cision.com/Main/13973/3501571/1531918.pdf

Press release PDF

 

Copyright 2022 PR Newswire

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