TF Bank: Monthly statistics July 2021

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.