STOCKHOLM, March 9, 2022 /PRNewswire/ -- The total loan portfolio amounted to SEK 11,456 million at the end of February. Compared to February 2021, the loan portfolio has increased by 31 % in local currencies.
Month | Feb-22 | Feb-21 | Change |
Consumer Lending | |||
New lending, SEK million |
453 |
325 |
39 %
|
Ecommerce Solutions | |||
Transaction volume*, SEK million |
495 |
277 |
79 %
|
Credit Cards | |||
New lending, SEK million |
263 |
129 |
104 %
|
Cumulative for the year | Jan-Feb 22 | Jan-Feb 21 | Change |
Consumer Lending | |||
New lending, SEK million |
864 |
645 |
34 %
|
Ecommerce Solutions | |||
Transaction volume*, SEK million |
1 083 |
570 |
90 %
|
Credit Cards | |||
New lending, SEK million |
519 |
255 |
104 %
|
*The sum of all purchases that go through TF Bank's payment solutions
All figures for February 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 March 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 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:
https://mb.cision.com/Main/13973/3521285/1546018.pdf | Press release PDF |