TF Bank: Monthly statistics November 2022

BORAS, Sweden, Dec. 8, 2022 /PRNewswire/ -- The total loan portfolio amounted to SEK 14,429 million at the end of November. Compared to November 2021, the loan portfolio has increased by 28 % in local currencies.

Month	Nov-22	Nov-21	Change
Consumer Lending
New lending, SEK million	547	474	15 %
Credit Cards
New lending, SEK million	566	276	105 %
Ecommerce Solutions
Transaction volume*, SEK million	1,251	893	40 %

 

Cumulative for the year	Jan-Nov 22	Jan-Nov 21	Change
Consumer Lending
New lending, SEK million	5,504	4,359	26 %
Credit Cards
New lending, SEK million	4,773	2,194	118 %
Ecommerce Solutions
Transaction volume*, SEK million	8,366	5,988	40 %

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

All figures for November 2022 are preliminary.

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

The information was provided for publication on December 8, 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, Credit Cards and Ecommerce Solutions. TF Bank is listed on Nasdaq Stockholm.

The following files are available for download:

https://mb.cision.com/Main/13973/3678681/1719832.pdf

Press release PDF

 

View original content:https://www.prnewswire.co.uk/news-releases/tf-bank-monthly-statistics-november-2022-301698004.html

Copyright 2022 PR Newswire