TF Bank: Monthly statistics May 2021
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.
|New lending, SEK million||319||218||46 %|
|Transaction volume*, SEK million||612||300||104 %|
|Number of active credit cards**||2 685||1 578||70 %|
Cumulative for the year
|Jan-May 21||Jan-May 20||Change|
|New lending, SEK million||1 710||1 547||11 %|
|Transaction volume*, SEK million||2 180||1 314||66 %|
|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.