TF Bank: Monthly statistics October 2022
The total loan portfolio amounted to SEK 13,938 million at the end of October. Compared to October 2021, the loan portfolio has increased by 28 % in local currencies.
| Month | Oct-22 | Oct-21 | Change |
| Consumer Lending | |||
| New lending, SEK million | 506 | 446 | 13 % |
| Credit Cards | |||
| New lending, SEK million | 566 | 242 | 134 % |
| Ecommerce Solutions | |||
| Transaction volume*, SEK million | 881 | 735 | 20 % |
| Cumulative for the year | Jan-Oct 22 | Jan-Oct 21 | Change |
| Consumer Lending | |||
| New lending, SEK million | 4 957 | 3 886 | 28 % |
| Credit Cards | |||
| New lending, SEK million | 4 207 | 1 917 | 119 % |
| Ecommerce Solutions | |||
| Transaction volume*, SEK million | 7 115 | 5 096 | 40 % |
*The sum of all purchases that go through TF Bank’s payment solutions
All figures for October 2022 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 November 9, 2022 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. The operations are divided into three segments: Consumer Lending, Credit Cards and Ecommerce Solutions. TF Bank is listed on Nasdaq Stockholm.