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TF Bank AB ( (SE:TFBANK) ) has shared an update.
TF Bank’s Swedish subsidiary, Yieldloop AB, has received a license from the Swedish Financial Supervisory Authority to operate as a deposit-taking financial institution. This development is aimed at the internal management of non-performing loans, potentially enhancing the company’s operational efficiency and financial stability.
The most recent analyst rating on (SE:TFBANK) stock is a Buy with a SEK194.00 price target. To see the full list of analyst forecasts on TF Bank AB stock, see the SE:TFBANK Stock Forecast page.
More about TF Bank AB
TF Bank is a fast-growing digital credit and payment platform operating in 14 European countries. The company develops simple and flexible payment and financing solutions through its proprietary IT infrastructure. Since its founding in 1987, TF Bank has consistently combined growth with profitability, and after its stock market listing in 2016, it has maintained a strong focus on scalability and automation. The company is listed on Nasdaq Stockholm.
Average Trading Volume: 76,455
Technical Sentiment Signal: Buy
Current Market Cap: SEK11.34B
Learn more about TFBANK stock on TipRanks’ Stock Analysis page.