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.
|New lending, SEK million||449||359||25 %|
|Transaction volume*, SEK million||490||264||86 %|
|New lending, SEK million||238||102||133 %|
Cumulative for the year
|Jan-Jul 21||Jan-Jul 20||Change|
|New lending, SEK million||2 518||2 221||13 %|
|Transaction volume*, SEK million||3 227||1 874||72 %|
|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.