The total loan portfolio amounted to SEK 10,186 million at the end of October. Compared to October 2020, the loan portfolio has increased by 33 % in local currencies.
| Month | Oct-21 | Oct-20 | Change |
| Consumer Lending | |||
| New lending, SEK million | 446 | 339 | 32 % |
| Ecommerce Solutions | |||
| Transaction volume*, SEK million | 735 | 378 | 94 % |
| Credit Cards | |||
| New lending, SEK million | 242 | 122 | 98 % |
| Cumulative for the year | Jan-Oct 21 | Jan-Oct 20 | Change |
| Consumer Lending | |||
| New lending, SEK million | 3 886 | 3 234 | 20 % |
| Ecommerce Solutions | |||
| Transaction volume*, SEK million | 5 096 | 2 793 | 82 % |
| Credit Cards | |||
| New lending, SEK million | 1 917 | 779 | 146 % |
*The sum of all purchases that goes through TF Bank’s payment solutions
All figures for October 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 November 9, 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.