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Press release

TF Bank AB (publ): TF Bank: Monthly statistics November 2024

TF Bank

The total loan portfolio amounted to SEK 21,478 million at the end of November. Compared to November 2023, the loan portfolio has increased by 19 % in local currencies.

 Month Nov-24 Nov-23 Change
Credit Cards
   New lending, SEK million 1,533 983 56 %
Ecommerce Solutions
   Transaction volume*, SEK million 1,680 1,679 0 %
Consumer Lending
   New lending, SEK million 415 399 4 %
 Cumulative for the year Jan-Nov 24 Jan-Nov 23 Change
Credit Cards
   New lending, SEK million 14,844 9,387 58 %
Ecommerce Solutions
   Transaction volume*, SEK million 12,176 12,481 -2 %
Consumer Lending
   New lending, SEK million 4,400 5,063 -13 %

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

All figures for November 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 9 December 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. Lending and deposit activities are conducted in Sweden, Finland, Norway, Denmark, Estonia, Latvia, Lithuania, Poland, Germany, Austria, Spain, Ireland, the Netherlands and Italy through subsidiary, branch or cross-border banking with the support of the Swedish banking license. The operations are divided into three segments: Credit Cards, Ecommerce Solutions and Consumer Lending. TF Bank is listed on Nasdaq Stockholm. 

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