TF Bank: Monthly statistics May 2022
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PR Newswire
STOCKHOLM, June 8, 2022
STOCKHOLM, June 8, 2022 /PRNewswire/ -- The total loan portfolio amounted to SEK 12,196 million at the end of May. Compared to May 2021, the loan portfolio has increased by 30 % in local currencies.
Month | May-22 | May-21 | Change |
Consumer Lending | |||
New lending, SEK million | 586 | 319 | 84 % |
Ecommerce Solutions | |||
Transaction volume*, SEK million | 809 | 612 | 32 % |
Credit Cards | |||
New lending, SEK million | 436 | 160 | 173 % |
Cumulative for the year | Jan-May 22 | Jan-May 21 | Change |
Consumer Lending | |||
New lending, SEK million | 2 346 | 1 711 | 37 % |
Ecommerce Solutions | |||
Transaction volume*, SEK million | 3 345 | 2 180 | 53 % |
Credit Cards | |||
New lending, SEK million | 1 585 | 728 | 118 % |
*The sum of all purchases that go through TF Bank's payment solutions
All figures for May 2022 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 8, 2022 at 08.30 CEST.
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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