TF Bank: Monthly statistics August 2021

STOCKHOLM, Sept. 9, 2021 /PRNewswire/ -- The total loan portfolio amounted to SEK 9,689 million at the end of August. Compared to August 2020, the loan portfolio has increased by 32 % in local currencies.

Month	Aug-21	Aug-20	Change
Consumer Lending
New lending, SEK million	445	315	41 %
Ecommerce Solutions
Transaction volume*, SEK million	518	250	107 %
Credit Cards
New lending, SEK million	277	121	129 %

Cumulative for the year	Jan-Aug 21	Jan-Aug 20	Change
Consumer Lending
New lending, SEK million	2 963	2 536	17 %
Ecommerce Solutions
Transaction volume*, SEK million	3 745	2 125	76 %
Credit Cards
New lending, SEK million	1 415	546	159 %

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

All figures for August 2021 are preliminary.

For further information, please contact:

Mikael Meomuttel, CFO and Head of Investor Relations [phone]

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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