BORÅS, Sweden, Aug. 15, 2022 /PRNewswire/ -- The total loan portfolio amounted to SEK 12,636 million at the end of July. Compared to July 2021, the loan portfolio has increased by 31 % in local currencies.
Month |
Jul-22 |
Jul-21 |
Change |
Consumer Lending |
|||
New lending, SEK million |
454 |
449 |
1 % |
Ecommerce Solutions |
|||
Transaction volume*, SEK million |
654 |
490 |
33 % |
Credit Cards |
|||
New lending, SEK million |
475 |
238 |
100 % |
Cumulative for the year |
Jan-Jul 22 |
Jan-Jul 21 |
Change |
Consumer Lending |
|||
New lending, SEK million |
3 314 |
2 518 |
32 % |
Ecommerce Solutions |
|||
Transaction volume*, SEK million |
4 725 |
3 226 |
46 % |
Credit Cards |
|||
New lending, SEK million |
2 540 |
1 139 |
123 % |
*The sum of all purchases that go through TF Bank's payment solutions |
|||
All figures for July 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 August 15, 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, 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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