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 +46 (0) 70 626 95 33
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.