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
436
160
173 %
*The sum of all purchases that go through TF Bank’s payment solutions
Cumulative for the year
Jan-May 22
Jan-May 21
2 346
1 711
37 %
3 345
2 180
53 %
1 585
728
118 %
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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https://news.cision.com/tf-bank-ab–publ-/r/tf-bank–monthly-statistics-may-2022,c3581527
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