TF Bank: Monthly statistics May 2022

STOCKHOLM, June 8, 2022 /PRNewswire/ -- The total loan portfolio amounted to SEK 12,196 million at the end of May. Compared to May 2021, the loan portfolio has increased by 30 % in local currencies.

Month	May-22	May-21	Change
Consumer Lending
New lending, SEK million	586	319	84 %
Ecommerce Solutions
Transaction volume*, SEK million	809	612	32 %
Credit Cards
New lending, SEK million	436	160	173 %

 

Cumulative for the year	Jan-May 22	Jan-May 21	Change
Consumer Lending
New lending, SEK million	2 346	1 711	37 %
Ecommerce Solutions
Transaction volume*, SEK million	3 345	2 180	53 %
Credit Cards
New lending, SEK million	1 585	728	118 %

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

All figures for May 2022 are preliminary.

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

The information was provided for publication on June 8, 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 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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