The total loan portfolio amounted to SEK 10,652 million at the end of November. Compared to November 2020, the loan portfolio has increased by 33 % in local currencies.
Month | Nov-21 | Nov-20 | Change |
Consumer Lending | |||
New lending, SEK million | 474 | 369 | 28 % |
Ecommerce Solutions | |||
Transaction volume*, SEK million | 893 | 421 | 112 % |
Credit Cards | |||
New lending, SEK million | 276 | 142 | 94 % |
Cumulative for the year | Jan-Nov 21 | Jan-Nov 20 | Change |
Consumer Lending | |||
New lending, SEK million | 4 360 | 3 602 | 21 % |
Ecommerce Solutions | |||
Transaction volume*, SEK million | 5 989 | 3 214 | 86 % |
Credit Cards | |||
New lending, SEK million | 2 193 | 922 | 138 % |
*The sum of all purchases that goes through TF Bank’s payment solutions
All figures for November 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 December 8, 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.