The total loan portfolio amounted to SEK 18,268 million at the end of January. Compared to January 2023, the loan portfolio has increased by 25 % in local currencies.

 MonthJan-24Jan-23Change
Consumer Lending
   New lending, SEK million 456 488 -7 %
Credit Cards
   New lending, SEK million 1,097 592 85 %
Ecommerce Solutions
   Transaction volume*, SEK million 977 968 1 %

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

All figures for January 2024 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 February 12, 2024 at 08.30 CET.

TF Bank in brief
TF Bank was founded 1987 and is a 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, Ireland and the Netherlands through subsidiary, 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.

https://news.cision.com/tf-bank-ab--publ-/r/tf-bank--monthly-statistics-january-2024,c3926265

https://mb.cision.com/Main/13973/3926265/2595685.pdf

(c) 2024 Cision. All rights reserved., source Press Releases - English