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TF Bank AB (publ): Interim Report for January - March 2019STOCKHOLM, April 25, 2019 /PRNewswire/ -- "The first quarter showed record growth of 14 %, and the loan portfolio thus exceeded SEK 5 billion – an important milestone for TF Bank. Over the past year, the loan portfolio has increased by 45 %. Once again, we deliver a strong quarterly result: Operating profit amounted to SEK 66 million, an increase of 35 % compared to the corresponding quarter in 2018." – Mattias Carlsson, CEO January – March 2019 compared with January – March 2018 (unless otherwise stated)
Significant events, January – March 2019
TF Bank in brief TF Bank 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. The platform is designed for scalability and adaptability to different products, countries, currencies and digital banking solutions. TF Bank carries out deposit and lending activities for about 1 million consumers in Sweden, Finland, Norway, Denmark, Poland, Germany, Estonia, Latvia and Lithuania through subsidiary, branch or cross-border banking. In its Ecommerce Solutions segment, TF Bank offer next-generation payment and checkout solutions for online retailers in the Nordics, Estonia and Poland. TF Bank is listed at 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 25 April 2019 at 07:00 CET. For further information, please contact: This information was brought to you by Cision http://news.cision.com https://news.cision.com/tf-bank-ab--publ-/r/interim-report-for-january---march-2019,c2796066 The following files are available for download:
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