Get Fit Bharat

TF Bank: Monthly statistics October 2024

The total loan portfolio amounted to SEK 21,159 million at the end of October. Compared to October 2023, the loan portfolio has increased by 20 % in local currencies.  Month Oct-24 Oct-23 Change Credit Cards    New lending, SEK million 1,560 1,051 48 % Ecommerce Solutions    Transaction volume*, SEK …





The total loan portfolio amounted to SEK 21,159 million at the end of October. Compared to October 2023, the loan portfolio has increased by 20 % in local currencies.

 Month Oct-24 Oct-23 Change
Credit Cards
   New lending, SEK million 1,560 1,051 48 %
Ecommerce Solutions
   Transaction volume*, SEK million 1,290 1,386 -7 %
Consumer Lending
   New lending, SEK million 476 279 71 %
 Cumulative for the year Jan-Oct 24 Jan-Oct 23 Change
Credit Cards
   New lending, SEK million 13,311 8,404 58 %
Ecommerce Solutions
   Transaction volume*, SEK million 10,496 10,802 -3 %
Consumer Lending
   New lending, SEK million 3,985 4,664 -15 %

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

All figures for October 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 11 November 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. 




Source link

tekinasolutionsandservices@gmail.com

tekinasolutionsandservices@gmail.com

Keep in touch with our news & offers

Subscribe to Our Newsletter

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *