The total loan portfolio amounted to SEK 20,007 million at the end of August. Compared to August 2023, the loan portfolio has increased by 18 % in local currencies.
| Month | Aug-24 | Aug-23 | Change |
| Credit Cards | |||
| New lending, SEK million | 1,477 | 1,043 | 42 % |
| Ecommerce Solutions | |||
| Transaction volume*, SEK million | 995 | 1,065 | -7 % |
| Consumer Lending | |||
| New lending, SEK million | 431 | 479 | -10 % |
| Cumulative for the year | Jan-Aug 24 | Jan-Aug 23 | Change |
| Credit Cards | |||
| New lending, SEK million | 10,240 | 6,411 | 60 % |
| Ecommerce Solutions | |||
| Transaction volume*, SEK million | 8,109 | 8,298 | -2 % |
| Consumer Lending | |||
| New lending, SEK million | 3,116 | 4,131 | -25 % |
*The sum of all purchases that go through TF Bank’s payment solutions
All figures for August 2024 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 10, 2024 at 13.00 CET.
TF Bank in brief
TF Bank was founded 1987 and is a digital 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, Spain, Ireland and the Netherlands through subsidiary, branch or cross-border banking with the support of the Swedish banking license. The operations are divided into three segments: Credit Cards, Ecommerce Solutions and Consumer Lending. TF Bank is listed on Nasdaq Stockholm.