TF Bank: Monthly statistics August 2022

News provided by

TF Bank AB (publ)

09 Sep, 2022, 06:44 GMT

BORÅS, Sweden, Sept. 9, 2022 /PRNewswire/ --

The total loan portfolio amounted to SEK 13,300 million at the end of August. Compared to August 2021, the loan portfolio has increased by 30 % in local currencies.

 Month

Aug-22

Aug-21

Change

Consumer Lending


  New lending, SEK million

612

445

38 %

Ecommerce Solutions


  Transaction volume*, SEK million

676

518

31 %

Credit Cards


  New lending, SEK million

566

277

104 %

 Cumulative for the year

Jan-Aug 22

Jan-Aug 21

Change

Consumer Lending


  New lending, SEK million

3 926

2 963

33 %

Ecommerce Solutions


  Transaction volume*, SEK million

5 401

3 744

44 %

Credit Cards


  New lending, SEK million

3 106

1 416

119 %

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

All figures for August 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 September 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, Austria and Spain 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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