TF Bank: Monthly statistics May 2023

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The total loan portfolio amounted to SEK 16,566 million at the end of May. Compared to May 2022, the loan portfolio has increased by 29 % in local currencies.

 Month May-23 May-22 Change
Consumer Lending
   New lending, SEK million 547 586 -7 %
Credit Cards
   New lending, SEK million 922 436 111 %
Ecommerce Solutions
   Transaction volume*, SEK million 1,193 809 47 %
 Cumulative for the year Jan-May 23 Jan-May 22 Change
Consumer Lending
   New lending, SEK million 2,710 2,346 16 %
Credit Cards
   New lending, SEK million 3,597 1,585 127 %
Ecommerce Solutions
   Transaction volume*, SEK million 5,224 3,345 56 %

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

All figures for May 2023 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 9, 2023 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, Austria and Spain through branch or cross-border banking with the support of the Swedish banking license. The operations are divided into three segments: Consumer Lending, Credit Cards and Ecommerce Solutions. TF Bank is listed on Nasdaq Stockholm.

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