TF Bank: Monthly statistics May 2021

STOCKHOLM, June 10, 2021 /PRNewswire/ -- The total loan portfolio amounted to SEK 9,027 million at the end of May. Compared to May 2020, the loan portfolio has increased by 32 % in local currencies.

Month	May-21	May-20	Change
Consumer Lending
New lending, SEK million	319	218	46 %
Ecommerce Solutions
Transaction volume*, SEK million	612	300	104 %
Credit Cards
Number of active credit cards**	2 685	1 578	70 %

Cumulative for the year	Jan-May 21	Jan-May 20	Change
Consumer Lending
New lending, SEK million	1 710	1 547	11 %
Ecommerce Solutions
Transaction volume*, SEK million	2 180	1 314	66 %
Credit Cards
Number of active credit cards***	59 158	26 127	126 %

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

**Monthly change of the number of active cards

***All issued cards at the last day of the period that are used regularly

All figures for May 2021 are preliminary.

For further information, please contact:

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

The information was provided for publication on June 10, 2021 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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