"Credit Cards is by far our fastest growing segment and the loan portfolio increased by 79 % in local currencies during 2022. We have seen a positive trend in the segments profitability during the year." - Mattias Carlsson, CEO
For further information, please contact:
Mikael Meomuttel, CFO and Head of Investor Relations +46 (0)70 626 95 33
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.
The information in this press release is such that TF Bank AB (publ) is required to publish pursuant to the Securities Market Act. The information was provided by the above contact person for publication on 17 March 2023 at 15:00 CET.