BORAS, Sweden , Nov. 9, 2022 /PRNewswire/ -- The total loan portfolio amounted to SEK 13,938 million at the end of October. Compared to October 2021, the loan portfolio has increased by 28 % in local currencies.
Month |
Oct-22 |
Oct-21 |
Change |
Consumer Lending |
|||
New lending, SEK million |
506 |
446 |
13 % |
Credit Cards |
|||
New lending, SEK million |
566 |
242 |
134 % |
Ecommerce Solutions |
|||
Transaction volume*, SEK million |
881 |
735 |
20 % |
Cumulative for the year |
Jan-Oct 22 |
Jan-Oct 21 |
Change |
Consumer Lending |
|||
New lending, SEK million |
4 957 |
3 886 |
28 % |
Credit Cards |
|||
New lending, SEK million |
4 207 |
1 917 |
119 % |
Ecommerce Solutions |
|||
Transaction volume*, SEK million |
7 115 |
5 096 |
40 % |
*The sum of all purchases that go through TF Bank's payment solutions
All figures for October 2022 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, Austria and Spain through branch or cross-border banking. The operations are divided into three segments: Consumer Lending, Credit Cards and Ecommerce Solutions. TF Bank is listed on Nasdaq Stockholm.
The following files are available for download:
Press release PDF |
Share this article