The total loan portfolio amounted to SEK 8,922 million at the end of April. Compared to April 2020, the loan portfolio has increased by 31 % in local currencies.
|New lending, SEK million||350||194||81 %|
|Transaction volume*, SEK million||585||295||98 %|
|Number of active credit cards**||2 735||53||n/a|
|Cumulative for the year||Jan-Apr 21||Jan-Apr 20||Change|
|New lending, SEK million||1 392||1 329||5 %|
|Transaction volume*, SEK million||1 568||1 013||55 %|
|Number of active credit cards***||56 473||24 549||130 %|
* The sum of all purchases that go through TF Bank’s payment solutions
**Monthly change of the number of active cards
***All issued cards at the last day of the period that are used regularly
All figures for April 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 May 11, 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.