BORÅS, Sweden, Aug. 15, 2022 /PRNewswire/ -- The total loan portfolio amounted to SEK 12,636 million at the end of July. Compared to July 2021, the loan portfolio has increased by 31 % in local currencies.

 Month

Jul-22

Jul-21

Change

Consumer Lending




   New lending, SEK million

454

449

1 %

Ecommerce Solutions




   Transaction volume*, SEK million

654

490

33 %

Credit Cards




   New lending, SEK million

475

238

100 %





 Cumulative for the year

Jan-Jul 22

Jan-Jul 21

Change

Consumer Lending




   New lending, SEK million

3 314

2 518

32 %

Ecommerce Solutions




   Transaction volume*, SEK million

4 725

3 226

46 %

Credit Cards




   New lending, SEK million

2 540

1 139

123 %

*The sum of all purchases that go through TF Bank's payment solutions

 

All figures for July 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 August 15, 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, Austria and Spain 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.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/tf-bank-ab--publ-/r/tf-bank--monthly-statistics-july-2022,c3613769

The following files are available for download:

https://mb.cision.com/Main/13973/3613769/1614461.pdf

Press release PDF

 

 

Copyright 2022 PR Newswire

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