TF Bank: Monthly statistics October 2021

TF Bank: Monthly statistics October 2021

PR Newswire

STOCKHOLM, Nov. 9, 2021

STOCKHOLM, Nov. 9, 2021 /PRNewswire/ -- 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.

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Press release PDF

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