Le Lézard
Classified in: Science and technology, Business
Subject: ACC

Interim Report January - March 2022


STOCKHOLM, April 19, 2022 /PRNewswire/ -- "TF Bank's business model is built on a diversified loan portfolio with the possibility of allocating capital to different markets. During the first quarter, we have decided to primarily prioritise growth in the Nordic and German markets. Operating profit increased by 31 % compared to the first quarter of 2021, which reflects the loan portfolio's development over the past year." - Mattias Carlsson, CEO

January ? March 2022 compared to January ? March 2021

Significant events, January ? March 2022

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 and Austria through branch or cross-border banking. The operations are divided into three segments: Consumer Lending, Ecommerce Solutions and Credit Cards. TF Bank is listed on Nasdaq Stockholm.

This is information which TF Bank is required to disclose under the EU Market Abuse Regulation. The information was provided for publication, through the agency of the contact person set out above, on 19 April 2022 at 07:00 CEST.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/tf-bank-ab--publ-/r/interim-report-january---march-2022,c3547610

The following files are available for download:

https://mb.cision.com/Main/13973/3547610/1565196.pdf

Read the report

 


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