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Press release

TF Bank AB (publ): TF Bank: Monthly statistics May 2023

TF Bank

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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