TF Bank: Monthly statistics May 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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