STOCKHOLM, May 11, 2021 /PRNewswire/ -- The total loan portfolio amounted to SEK 8,922 million at the end of April. Compared to April 2020, the loan portfolio has increased by 31 % in local currencies.
Month | Apr-21 | Apr-20 |
Change |
Consumer Lending | |||
New lending, SEK million |
350 |
194 |
81 % |
Ecommerce Solutions | |||
Transaction volume*, SEK million |
585 |
295 |
98 % |
Credit Cards | |||
Number of active credit cards** |
2 735 |
53 |
n/a |
Cumulative for the year | Jan-Apr 21 | Jan-Apr 20 |
Change |
Consumer Lending | |||
New lending, SEK million |
1 392 |
1 329 |
5% |
Ecommerce Solutions | |||
Transaction volume*, SEK million |
1 568 |
1 013 |
55 % |
Credit Cards | |||
Number of active credit cards*** |
56 473 |
24 549 |
130 % |
* The sum of all purchases that go through TF Bank's payment solutions
**Monthly change of the number of active cards
***All issued cards at the last day of the period that are used regularly
All figures for April 2021 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 11, 2021 at 08.30 CET.
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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The following files are available for download:
https://mb.cision.com/Main/13973/3344559/1415725.pdf | Press release PDF |
