The total loan portfolio amounted to SEK 11,655 million at the end of April. Compared to April 2021, the loan portfolio has increased by 29 % in local currencies.
Month | Apr-22 | Apr-21 | Change |
Consumer Lending | |||
New lending, SEK million | 431 | 350 | 23 % |
Ecommerce Solutions | |||
Transaction volume*, SEK million | 739 | 585 | 26 % |
Credit Cards | |||
New lending, SEK million | 312 | 147 | 112 % |
Cumulative for the year | Jan-Apr 22 | Jan-Apr 21 | Change |
Consumer Lending | |||
New lending, SEK million | 1 760 | 1 392 | 26 % |
Ecommerce Solutions | |||
Transaction volume*, SEK million | 2 536 | 1 568 | 62 % |
Credit Cards | |||
New lending, SEK million | 1 149 | 568 | 102 % |
*The sum of all purchases that go through TF Bank’s payment solutions
All figures for April 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 May 10, 2022 at 08.30 CEST.
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.