TF Bank: Monthly statistics October 2021

STOCKHOLM, Nov. 9, 2021 /PRNewswire/ -- The total loan portfolio amounted to SEK 10,186 million at the end of October. Compared to October 2020, the loan portfolio has increased by 33 % in local currencies.

Month	Oct-21	Oct-20	Change
Consumer Lending
New lending, SEK million	446	339	32 %
Ecommerce Solutions
Transaction volume*, SEK million	735	378	94 %
Credit Cards
New lending, SEK million	242	122	98 %

Cumulative for the year	Jan-Oct 21	Jan-Oct 20	Change
Consumer Lending
New lending, SEK million	3 886	3 234	20 %
Ecommerce Solutions
Transaction volume*, SEK million	5 096	2 793	82 %
Credit Cards
New lending, SEK million	1 917	779	146 %

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

All figures for October 2021 are preliminary.

For further information, please contact:

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

The information was provided for publication on November 9, 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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