Interim Report January - June 2021

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STOCKHOLM, July 13, 2021 /PRNewswire/ -- 
"It has been an eventful quarter with the implementation of BooztPay, continued high growth for German credit cards and several new agreements for continuing sale of past due loans. Following growth of 31 % in local currencies over the past year, TF Bank's loan portfolio now exceeds SEK 9 billion. The operating profit for the second quarter increased by 19 % to SEK 84 million."– Mattias Carlsson, CEO
January – June 2021 compared to January – June 2020
The loan portfolio amounted to SEK 9,130 million, compared to June 2020 the increase in local currencies was 31 %
Operating profit increased by 43 % to SEK 162.3 million, the comparison period was affected by an additional loan loss provision of SEK 30 million

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