STOCKHOLM, Sept. 9, 2021 /PRNewswire/ -- The total loan portfolio amounted to SEK 9,689 million at the end of August. Compared to August 2020, the loan portfolio has increased by 32 % in local currencies.
Month |
Aug-21 |
Aug-20 |
Change |
Consumer Lending |
|||
New lending, SEK million |
445 |
315 |
41 % |
Ecommerce Solutions |
|||
Transaction volume*, SEK million |
518 |
250 |
107 % |
Credit Cards |
|||
New lending, SEK million |
277 |
121 |
129 % |
Cumulative for the year |
Jan-Aug 21 |
Jan-Aug 20 |
Change |
Consumer Lending |
|||
New lending, SEK million |
2 963 |
2 536 |
17 % |
Ecommerce Solutions |
|||
Transaction volume*, SEK million |
3 745 |
2 125 |
76 % |
Credit Cards |
|||
New lending, SEK million |
1 415 |
546 |
159 % |
*The sum of all purchases that go through TF Bank's payment solutions
All figures for August 2021 are preliminary.
For further information, please contact:
Mikael Meomuttel, CFO and Head of Investor Relations +46 (0) 70 626 95 33
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:
Press release PDF |
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