The total loan portfolio amounted to SEK 14,530 million at the end of February. Compared to February 2022, the loan portfolio has increased by 26 % in local currencies.
Month | Feb-23 | Feb-22 | Change |
Consumer Lending | |||
New lending, SEK million | 442 | 453 | -2 % |
Credit Cards | |||
New lending, SEK million | 579 | 263 | 120 % |
Ecommerce Solutions | |||
Transaction volume*, SEK million | 830 | 495 | 68 % |
Cumulative for the year | Jan-Feb 23 | Jan-Feb 22 | Change |
Consumer Lending | |||
New lending, SEK million | 930 | 864 | 8 % |
Credit Cards | |||
New lending, SEK million | 1 171 | 519 | 126 % |
Ecommerce Solutions | |||
Transaction volume*, SEK million | 1 798 | 1 083 | 66 % |
*The sum of all purchases that go through TF Bank’s payment solutions
All figures for February 2023 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 March 8, 2023 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.