TF Bank: Monthly statistics November 2023

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The total loan portfolio amounted to SEK 17,977 million at the end of November. Compared to November 2022, the loan portfolio has increased by 23 % in local currencies. 

 Month Nov-23 Nov-22 Change
Consumer Lending
   New lending, SEK million 399 547 -27 %
Credit Cards
   New lending, SEK million 983 566 74 %
Ecommerce Solutions
   Transaction volume*, SEK million 1,679 1,251 34 %
 Cumulative for the year Jan-Nov 23 Jan-Nov 22 Change
Consumer Lending
   New lending, SEK million 5,063 5,504 -8 %
Credit Cards
   New lending, SEK million 9,387 4,773 97 %
Ecommerce Solutions
   Transaction volume*, SEK million 12,481 8,366 49 %

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

All figures for November 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 December 8, 2023 at 13.00 CET.

TF Bank in brief
TF Bank was founded 1987 and is digital 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, Spain and Ireland 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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