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.
|New lending, SEK million||445||315||41 %|
|Transaction volume*, SEK million||518||250||107 %|
|New lending, SEK million||277||121||129 %|
|Cumulative for the year||Jan-Aug 21||Jan-Aug 20||Change|
|New lending, SEK million||2 963||2 536||17 %|
|Transaction volume*, SEK million||3 745||2 125||76 %|
|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.