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.
|New lending, SEK million||446||339||32 %|
|Transaction volume*, SEK million||735||378||94 %|
|New lending, SEK million||242||122||98 %|
|Cumulative for the year||Jan-Oct 21||Jan-Oct 20||Change|
|New lending, SEK million||3 886||3 234||20 %|
|Transaction volume*, SEK million||5 096||2 793||82 %|
|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.