The total loan portfolio amounted to SEK 9,689 million at the end of August. Compared to August 2020, the loan portfolio has increased by 32 % in local currencies.
|
Month |
Aug-21 | Aug-20 | Change |
| Consumer Lending | |||
| New lending, SEK million | 445 | 315 | 41 % |
| Ecommerce Solutions | |||
| Transaction volume*, SEK million | 518 | 250 | 107 % |
| Credit Cards | |||
| New lending, SEK million | 277 | 121 | 129 % |
| Cumulative for the year | Jan-Aug 21 | Jan-Aug 20 | Change |
| Consumer Lending | |||
| New lending, SEK million | 2 963 | 2 536 | 17 % |
| Ecommerce Solutions | |||
| Transaction volume*, SEK million | 3 745 | 2 125 | 76 % |
| Credit Cards | |||
| New lending, SEK million | 1 415 | 546 | 159 % |
*The sum of all purchases that go through TF Bank’s payment solutions
All figures for August 2021 are preliminary.
For further information, please contact:
Mikael Meomuttel, CFO and Head of Investor Relations +46 (0) 70 626 95 33
The information was provided for publication on September 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.