The total loan portfolio amounted to SEK 12,636 million at the end of July. Compared to July 2021, the loan portfolio has increased by 31 % in local currencies.
Month | Jul-22 | Jul-21 | Change |
Consumer Lending | |||
New lending, SEK million | 454 | 449 | 1 % |
Ecommerce Solutions | |||
Transaction volume*, SEK million | 654 | 490 | 33 % |
Credit Cards | |||
New lending, SEK million | 475 | 238 | 100 % |
Cumulative for the year | Jan-Jul 22 | Jan-Jul 21 | Change |
Consumer Lending | |||
New lending, SEK million | 3 314 | 2 518 | 32 % |
Ecommerce Solutions | |||
Transaction volume*, SEK million | 4 725 | 3 226 | 46 % |
Credit Cards | |||
New lending, SEK million | 2 540 | 1 139 | 123 % |
*The sum of all purchases that go through TF Bank’s payment solutions
All figures for July 2022 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 15, 2022 at 08.30 CEST.
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, Austria and Spain 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.