Year-end Report January – December 2021
“The growth for TF Bank’s loan portfolio continues and amounted to 8 % in local currencies during the final quarter of the year. The operating profit increased by 28 % compared to the corresponding quarter in 2020 and return on equity was 25 %. During the fourth quarter, Credit Cards reported an operating profit, and we assess that the segment has favourable conditions to deliver attractive risk-adjusted return in the coming years.”– Mattias Carlsson, CEOJanuary – December 2021 compared to January – December 2020 · The loan portfolio amounted to SEK 10,872 million, compared to