TF Bank: Monthly statistics August 2022

BORÅS, Sweden, Sept. 9, 2022 /PRNewswire/ --

The total loan portfolio amounted to SEK 13,300 million at the end of August. Compared to August 2021, the loan portfolio has increased by 30 % in local currencies.

Month	Aug-22	Aug-21	Change
Consumer Lending
New lending, SEK million	612	445	38 %
Ecommerce Solutions
Transaction volume*, SEK million	676	518	31 %
Credit Cards
New lending, SEK million	566	277	104 %

 

Cumulative for the year	Jan-Aug 22	Jan-Aug 21	Change
Consumer Lending
New lending, SEK million	3 926	2 963	33 %
Ecommerce Solutions
Transaction volume*, SEK million	5 401	3 744	44 %
Credit Cards
New lending, SEK million	3 106	1 416	119 %

 

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

All figures for August 2022 are preliminary.

For further information, please contact:

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

The information was provided for publication on September 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, 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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