The total loan portfolio amounted to SEK 9,323 million at the end of July. Compared to July 2020, the loan portfolio has increased by 31 % in local currencies.
| Month | Jul-21 | Jul-20 | Change |
| Consumer Lending | |||
| New lending, SEK million | 449 | 359 | 25 % |
| Ecommerce Solutions | |||
| Transaction volume*, SEK million | 490 | 264 | 86 % |
| Credit Cards | |||
| New lending, SEK million | 238 | 102 | 133 % |
|
Cumulative for the year |
Jan-Jul 21 | Jan-Jul 20 | Change |
| Consumer Lending | |||
| New lending, SEK million | 2 518 | 2 221 | 13 % |
| Ecommerce Solutions | |||
| Transaction volume*, SEK million | 3 227 | 1 874 | 72 % |
| Credit Cards | |||
| New lending, SEK million | 1 139 | 425 | 168 % |
*The sum of all purchases that go through TF Bank’s payment solutions
All figures for July 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 August 17, 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.