STOCKHOLM, May 10, 2022 /PRNewswire/ -- The total loan portfolio amounted to SEK 11,655 million at the end of April. Compared to April 2021, the loan portfolio has increased by 29 % in local currencies.
Month |
Apr-22 |
Apr-21 |
Change
|
Consumer Lending |
|||
New lending, SEK million |
431 |
350 |
23 %
|
Ecommerce Solutions |
|||
Transaction volume*, SEK million |
739 |
585 |
26 %
|
Credit Cards |
|||
New lending, SEK million |
312 |
147 |
112 %
|
Cumulative for the year |
Jan-Apr 22 |
Jan-Apr 21 |
Change
|
Consumer Lending |
|||
New lending, SEK million |
1 760 |
1 392 |
26 %
|
Ecommerce Solutions |
|||
Transaction volume*, SEK million |
2 536 |
1 568 |
62 %
|
Credit Cards |
|||
New lending, SEK million |
1 149 |
568 |
102 %
|
*The sum of all purchases that go through TF Bank's payment solutions
All figures for April 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 May 10, 2022 at 08.30 CEST.
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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