The total loan portfolio amounted to SEK 16,566 million at the end of May. Compared to May 2022, the loan portfolio has increased by 29 % in local currencies.
| Month | May-23 | May-22 | Change |
| Consumer Lending | |||
| New lending, SEK million | 547 | 586 | -7 % |
| Credit Cards | |||
| New lending, SEK million | 922 | 436 | 111 % |
| Ecommerce Solutions | |||
| Transaction volume*, SEK million | 1,193 | 809 | 47 % |
| Cumulative for the year | Jan-May 23 | Jan-May 22 | Change |
| Consumer Lending | |||
| New lending, SEK million | 2,710 | 2,346 | 16 % |
| Credit Cards | |||
| New lending, SEK million | 3,597 | 1,585 | 127 % |
| Ecommerce Solutions | |||
| Transaction volume*, SEK million | 5,224 | 3,345 | 56 % |
*The sum of all purchases that go through TF Bank’s payment solutions
All figures for May 2023 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 June 9, 2023 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, Austria and Spain through branch or cross-border banking with the support of the Swedish banking license. The operations are divided into three segments: Consumer Lending, Credit Cards and Ecommerce Solutions. TF Bank is listed on Nasdaq Stockholm.