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 prioritises organic growth under controlled conditions and expansion is taking place in carefully selected segments and markets. The business is conducted in Sweden, Finland, Norway, Denmark, Estonia, Latvia, Lithuania, Poland, Germany and Austria through branch or cross-border banking.
The business is divided into three segments that all use the group’s IT platform and credit assessment models while benefiting from strong cross-selling opportunities: Consumer Lending with focus on unsecured consumer loans, Credit Cards with focus on offering credit cards and Ecommerce Solutions with digital payment solutions primarily to online retailers.
June 17, 2016Stock exchange(s)