TF Bank: Monthly statistics October 2022

BORAS, Sweden , Nov. 9, 2022 /PRNewswire/ -- The total loan portfolio amounted to SEK 13,938 million at the end of October. Compared to October 2021, the loan portfolio has increased by 28 % in local currencies.

Month	Oct-22	Oct-21	Change
Consumer Lending
New lending, SEK million	506	446	13 %
Credit Cards
New lending, SEK million	566	242	134 %
Ecommerce Solutions
Transaction volume*, SEK million	881	735	20 %

Cumulative for the year	Jan-Oct 22	Jan-Oct 21	Change
Consumer Lending
New lending, SEK million	4 957	3 886	28 %
Credit Cards
New lending, SEK million	4 207	1 917	119 %
Ecommerce Solutions
Transaction volume*, SEK million	7 115	5 096	40 %

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

All figures for October 2022 are preliminary.

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

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/13973/3663615/1657408.pdf

Press release PDF

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