TF Bank: Monthly statistics July 2022

BORÅS, Sweden, Aug. 15, 2022 /PRNewswire/ -- The total loan portfolio amounted to SEK 12,636 million at the end of July. Compared to July 2021, the loan portfolio has increased by 31 % in local currencies.

Month	Jul-22	Jul-21	Change
Consumer Lending
New lending, SEK million	454	449	1 %
Ecommerce Solutions
Transaction volume*, SEK million	654	490	33 %
Credit Cards
New lending, SEK million	475	238	100 %
Cumulative for the year	Jan-Jul 22	Jan-Jul 21	Change
Consumer Lending
New lending, SEK million	3 314	2 518	32 %
Ecommerce Solutions
Transaction volume*, SEK million	4 725	3 226	46 %
Credit Cards
New lending, SEK million	2 540	1 139	123 %
*The sum of all purchases that go through TF Bank's payment solutions

 

All figures for July 2022 are preliminary.

For further information, please contact:
Mikael Meomuttel, CFO and Head of Investor Relations [phone]

The information was provided for publication on August 15, 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, 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.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/tf-bank-ab--publ-/r/tf-bank--monthly-statistics-july-2022,c3613769

The following files are available for download:

https://mb.cision.com/Main/13973/3613769/1614461.pdf

Press release PDF

 

 

Copyright 2022 PR Newswire