STOCKHOLM, June 8, 2022 /PRNewswire/ -- The total loan portfolio amounted to SEK 12,196 million at the end of May. Compared to May 2021, the loan portfolio has increased by 30 % in local currencies.
Month |
May-22 |
May-21 |
Change |
Consumer Lending |
|||
New lending, SEK million |
586 |
319 |
84 % |
Ecommerce Solutions |
|||
Transaction volume*, SEK million |
809 |
612 |
32 % |
Credit Cards |
|||
New lending, SEK million |
436 |
160 |
173 % |
Cumulative for the year |
Jan-May 22 |
Jan-May 21 |
Change |
Consumer Lending |
|||
New lending, SEK million |
2 346 |
1 711 |
37 % |
Ecommerce Solutions |
|||
Transaction volume*, SEK million |
3 345 |
2 180 |
53 % |
Credit Cards |
|||
New lending, SEK million |
1 585 |
728 |
118 % |
*The sum of all purchases that go through TF Bank's payment solutions
All figures for May 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 June 8, 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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