STOCKHOLM, March 9, 2022 /PRNewswire/ -- The total loan portfolio amounted to SEK 11,456 million at the end of February. Compared to February 2021, the loan portfolio has increased by 31 % in local currencies.

                                   

                                   

 Month

                                   

Feb-22

                                   

Feb-21

                                   

Change

                                               

                                   

Consumer Lending




                                   

  New lending, SEK million

 

453

 

325

 

39 %

 

                                   

Ecommerce Solutions




                                   

  Transaction volume*, SEK million

 

495

 

277

 

79 %

 

                                   

Credit Cards




                                   

  New lending, SEK million

 

263

 

129

 

104 %

 

 

                                   

                                   

 Cumulative for the year

                                   

Jan-Feb 22

                                   

Jan-Feb 21

                                   

Change

                                               

                                   

Consumer Lending




                                   

  New lending, SEK million

 

864

 

645

 

34 %

 

                                   

Ecommerce Solutions




                                   

  Transaction volume*, SEK million

 

1 083

 

570

 

90 %

 

                                   

Credit Cards




                                   

  New lending, SEK million

 

519

 

255

 

104 %

 

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

All figures for February 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 March 9, 2022 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.

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-february-2022,c3521285

The following files are available for download:

https://mb.cision.com/Main/13973/3521285/1546018.pdf

Press release PDF

 

Copyright 2022 PR Newswire

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