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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Tf Bank Ab | LSE:0RHM | London | Ordinary Share | SE0007331608 | TF BANK ORD SHS |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 78.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
STOCKHOLM, Feb. 6, 2020 /PRNewswire/ -- "During the fourth quarter, TF Bank's loan portfolio increased by 9 % in local currencies. The expansion in Germany was intensified towards the end of the year, and the credit card business is an exciting part of the bank's future growth. After the year-end, the subsidiaries BB Bank and Avarda were merged with TF Bank. The mergers simplify the legal group structure and enable a higher internal efficiency." - Mattias Carlsson, CEO
January - December 2019 compared with January - December 2018
Significant events, January - December 2019
TF Bank in brief
TF Bank 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. The platform is designed for scalability and adaptability to different products, countries, currencies and digital banking solutions. TF Bank carries out deposit and lending activities for more than 2 million consumers in Sweden, Finland, Norway, Denmark, Estonia, Latvia, Lithuania, Poland, Germany and Austria through subsidiary, branch or cross-border banking. In its Ecommerce Solutions segment, TF Bank offer next-generation payment and checkout solutions for online retailers in the Nordics, Estonia and Poland, and also credit cards in Norway and Germany. TF Bank is listed at Nasdaq Stockholm.
This is information which TF Bank is required to disclose under the EU Market Abuse Regulation. The information was provided for publication, through the agency of the contact person set out above, on 6 February 2020 at 07:00 CET.
Contact:
Mikael Meomuttel
CFO and Head of Investor Relations
+46-(0)70-626-95-33
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/tf-bank-ab--publ-/r/year-end-report-january---december-2019,c3028598
The following files are available for download:
https://mb.cision.com/Main/13973/3028598/1188928.pdf | Read the report |
Copyright 2020 PR Newswire
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