Industry News

TMCNet:  TF Bank: Monthly statistics April 2022

[May 10, 2022]

TF Bank: Monthly statistics April 2022

STOCKHOLM, May 10, 2022 /PRNewswire/ -- The total loan portfolio amounted to SEK 11,655 million at the end of April. Compared to April 2021, the loan portfolio has increased by 29 % in local currencies.




                                   

                                   

 Month

                                   

Apr-22

                                   

Apr-21

                                   

Change

                                               

                                   

Consumer Lending




                                   

  New lending, SEK million

 

431

 

350

 

23 %

 

                                   

Ecommerce Solutions




                                   

  Transaction volume*, SEK million

 

739

 

585

 

26 %

 

                                   

Credit Cards




                                   

  New lending, SEK million

 

312

 

147

 

112 %

 

 

                                   

                                   

 Cumulative for the year

                                   

Jan-Apr 22

                                   

Jan-Apr 21

                                   

Change

                                               

                                   

Consumer Lending




                                   

  New lending, SEK million

 

1 760

 

1 392

 

26 %

 

                                   

Ecommerce Solutions




                                   

  Transaction volume*, SEK million

 

2 536

 

1 568

 

62 %

 

                                   

Credit Cards




                                   

  New lending, SEK million

 

1 149

 

568

 

102 %

 

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

All figures for April 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 May 10, 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.

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-april-2022,c3563668

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