TF Bank: Monthly statistics April 2021
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.