Interim report January – March 2020
“The first quarter of the year started off in the same fashion as the end of 2019 – with strong volumes and a geographically diversified growth. During the course of the quarter, it has been increasingly evident that the spread of covid-19 in Europe means that the bank currently must adapt to a new reality. TF Bank has a stable and adaptable business model with a long track-record that has been tested in various macro-economic environments.” – Mattias Carlsson, CEOJanuary – March 2020 compared with January – March 2019 · The loan portfolio has increased by 8 % to SEK 6,990 million