STOCKHOLM, June 10, 2021 /PRNewswire/ -- The total loan portfolio amounted to SEK 9,027 million at the end of May. Compared to May 2020, the loan portfolio has increased by 32 % in local currencies.
Month | May-21 | May-20 | Change |
Consumer Lending | |||
New lending, SEK million | 319 | 218 | 46 % |
Ecommerce Solutions | |||
Transaction volume*, SEK million | 612 | 300 | 104 % |
Credit Cards | |||
Number of active credit cards** | 2 685 | 1 578 | 70 % |
Cumulative for the year | Jan-May 21 | Jan-May 20 | Change |
Consumer Lending | |||
New lending, SEK million | 1 710 | 1 547 | 11 % |
Ecommerce Solutions | |||
Transaction volume*, SEK million | 2 180 | 1 314 | 66 % |
Credit Cards | |||
Number of active credit cards*** | 59 158 | 26 127 | 126 % |
* 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 May 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 June 10, 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/13973/3363768/1429668.pdf | Press release PDF |
