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TF Bank AB ( (SE:TFBANK) ) has provided an announcement.
TF Bank reported an 18% increase in its total loan portfolio in local currencies by the end of April 2025 compared to the previous year. The bank saw significant growth in new lending for credit cards and consumer lending, with increases of 25% and 27% respectively, while its e-commerce solutions transaction volume rose by 3%. These figures indicate a robust expansion in TF Bank’s lending activities, potentially strengthening its market position in the digital banking sector.
More about TF Bank AB
TF Bank, established in 1987, is a digital bank providing consumer banking services and e-commerce solutions. It operates through a proprietary IT platform with a high degree of automation, offering services in multiple European countries. The bank’s operations are divided into three segments: Credit Cards, Ecommerce Solutions, and Consumer Lending. TF Bank is listed on Nasdaq Stockholm.
YTD Price Performance: -4.38%
Average Trading Volume: 17,726
Current Market Cap: SEK7.5B
For a thorough assessment of TFBANK stock, go to TipRanks’ Stock Analysis page.