Created by Anna Mileiko 
Established in 1987 as a credit market company, TF Bank obtained its banking licence in 2012. Currently TF Bank has three business lines, offering sales financing to e-commerce business clients, savings accounts to individuals and personal loans to individuals.
TF Bank AB (publ.) Eesti filiaal operates as a branch of TF Bank AB (Sweden).
In 2023, TF Bank AB (publ.) Eesti filiaal achieved the position of 12th largest bank in Estonia with a market share of 0.19%; its total assets grew by 6.54%.
Additionally, the bank became the 2nd profitable bank in relation to its total assets showcasing 4.46% return on assets and 17.16% return on equity in 2023.
Also the lender held the 1st position regarging its loans-to-deposits (L/D) registering 116.52% L/D ratio in 2021.
Deposits up to 950,000 SEK are covered by Swedish deposit guarantee scheme in TF Bank AB (publ.) Eesti filiaal.
branch
online banking
TF Bank AB (publ.) Eesti filiaal ranks as the 12th largest bank in Estonia by total assets. In 2023 its total assets were 101.95 mln EUR, representing a 0.19% market share. In 2023 the bank's net income was 4.41 mln EUR.
Swedish National Debt Office (SNDO)TF Bank AB (publ.) Eesti filiaal protects deposits up to up to 950,000 SEK per depositor through Sweden's deposit guarantee scheme. The scheme applies to deposits in all types of accounts made by private individuals, legal entities. The bank participates in the Swedish National Debt Office (SNDO), making regular contributions into it.
Vabaõhumuuseumi tee 1, 13521, Tallinn, Estonia
880 3210TF Bank AB (publ.) Eesti filiaal is located in Tallinn.
TF Bank AB (publ.) Eesti filiaal has profiles at the following social networks:
EstoniaTF Bank AB (publ.) Eesti filiaal provides products and services in the areas of retail banking, business banking. TF Bank AB (publ.) Eesti filiaal offers a range of products including savings accounts, time deposit accounts, consumer loans. TF Bank AB (publ.) Eesti filiaal makes its solutions available to individuals, companies.
branch online bankingProducts and services offered by TF Bank AB (publ.) Eesti filiaal are available at its branches and via its online banking system.
In 2023 total assets of TF Bank AB (publ.) Eesti filiaal were 101.95 mln EUR. Growth compared to the previous period (2022) was 6.54%. The evolution of the total assets of TF Bank AB (publ.) Eesti filiaal is shown at Chart 1 below.
Chart 1. Total Assets of TF Bank AB (publ.) Eesti filiaal.
Recent changes in total assets of TF Bank AB (publ.) Eesti filiaal and its main components are shown in Table 1.
| 2022 | 2023 | change (%) | |
|---|---|---|---|
| Cash and deposits with Central Banks | 0.6 | 5.6 | +762.17% |
| Loans | 93.0 | 96.1 | +3.32% |
| Total Assets | 95.7 | 102.0 | +6.54% |
Table 1. Recent changes in total assets of TF Bank AB (publ.) Eesti filiaal (mln EUR).
Recent changes in total liabilities of TF Bank AB (publ.) Eesti filiaal and its main components are shown in Table 2.
| 2022 | 2023 | change (%) | |
|---|---|---|---|
| Deposits | 71.7 | 0.0 | -100.00% |
| Total Liabilities | 95.7 | 102.0 | +6.54% |
Table 2. Recent changes in total liabilities of TF Bank AB (publ.) Eesti filiaal (mln EUR).
Recent changes in gross profit of TF Bank AB (publ.) Eesti filiaal and its main components are shown in Table 3.
| 2022 | 2023 | change (%) | |
|---|---|---|---|
| Interest Income | 12.0 | 14.5 | +20.68% |
| Interest Charges | -0.8 | -2.6 | +225.57% |
| Commission Income | 0.4 | 0.5 | +15.09% |
| Commission Charges | 0.0 | 0.0 |
Table 3. Recent changes in gross profit of TF Bank AB (publ.) Eesti filiaal (mln EUR).
In 2023 net income of TF Bank AB (publ.) Eesti filiaal was 4.41 mln EUR. Decline compared to the previous period (2022) was -13.47%. The evolution of the net income of TF Bank AB (publ.) Eesti filiaal is shown at Chart 2 below.
Chart 2. Net Income of TF Bank AB (publ.) Eesti filiaal.
In 2023 TF Bank AB (publ.) Eesti filiaal was ranked the 12th largest bank in Estoniain terms of total assets, having 0.19% of the domestic market share. TF Bank AB (publ.) Eesti filiaal also became # 11 in terms of loans (market share - 0.25%), # 13 in terms of deposits (market share - 0.00%).
Chart 3. Market share of TF Bank AB (publ.) Eesti filiaal (among banks in Estonia)
Historical changes in TF Bank AB (publ.) Eesti filiaal's domestic rank and market share over 2019-2023 are shown below:
| Year | Rank | Market % |
|---|---|---|
| 2023 | 12 | 0.19 % |
| 2022 | 12 | 0.20 % |
| 2021 | 12 | 0.18 % |
| 2020 | 11 | 0.20 % |
| 2019 | 11 | 0.22 % |
TheBanks.eu identified several banks banks having the market shares and ranks closest to TF Bank AB (publ.) Eesti filiaal listed below.
| Rank | Name | Market % | Total Assets |
|---|---|---|---|
| 11 |  | 0.26% | 134.16 mln EUR (-24.16%) |
| 12 | | 0.19% | 101.95 mln EUR (+6.54%) |
| 13 |  | 0.04% | 18.56 mln EUR (+22.74%) |
Discover key identifiers of TF Bank AB (publ.) Eesti filiaal including its BIC, MFI ID.
BIC: PUEFEE21
The BIC (also known as SWIFT code) for TF Bank AB (publ.) Eesti filiaal is PUEFEE21. It is used in financial transactions like cross-border and SEPA payments, and helps identify the bank in global banking systems.
| Key | Value |
|---|---|
| BIC | PUEFEE21 |
| Bank BIC Code | PUEF |
| Country Code | EE (Estonia) |
| Location Code | 21 |
| Branch Code | - |
MFI ID: EE14304235
TF Bank AB (publ.) Eesti filiaal’s MFI ID, EE14304235, is assigned by the European Central Bank to identify the institution within the EU's financial system. The first two digits represent Estonia (EE), followed by the institutions's internal ID.
| Key | Value |
|---|---|
| MFI ID | EE14304235 |
| Country Code | EE |
| MFI Code | 14304235 |
TheBanks.eu identified several banks similar to TF Bank AB (publ.) Eesti filiaal based on various criteria, including:
