Avanza Bank INTERIM REPORT january – SEPTEMBER 2008

- Operating income decreased by 5 per cent (+21%) to SEK 385 million (SEK 406 m)

- The profit after tax decreased by 13 per cent (+25%) to SEK 146 million (SEK 168 m)

- Earnings per share decreased by 12 per cent (+25%) to SEK 5.35 (SEK 6.11)

- Net savings increased to SEK 4,860 million (SEK 4,070 m), corresponding to 11 per cent
(9%) of the savings capital at the beginning of the year

- The number of accounts increased by 30 per cent (19%) to 213,700 (165,000 as of 31st December 2007) while the total savings capital decreased by 16 per cent (+14%) to SEK 38,700 million (SEK 45,900 m as of 31st December 2007)


Third quarter

- Operating income decreased by 11 per cent (+52%) to SEK 117 million (SEK 132 m)

- The profit after tax decreased by 18 per cent (+68%) to SEK 47 million (SEK 57 m)

- Earnings per share decreased by 18 per cent (+69%) to SEK 1.70 (SEK 2.08)


For additional information, please contact Nicklas Storåkers, Managing Director of Avanza Bank,
tel: +46 70 861 80 01.

About Us

Avanza is a digital platform for savings and investments, founded in 1999. The Parent Company, Avanza Bank Holding AB (publ), is listed on the Stockholm Stock Exchange. Avanza’s customer promise is a better return on your savings than with any other bank or pension providers in Sweden – due to low fees. Services include saving in shares, funds, savings accounts and a strong pension offering. Avanza has over 700,000 customers with more than SEK 270 billion in total savings capital. This is equivalent to 3.6 per cent of the Swedish savings market. Avanza is largest in terms of number of transactions among Swedish banks on the Stockholm Stock Exchange including First North. During the last eight years Avanza has won SKI’s (Swedish Quality Index) award, “Year’s Most Satisfied Savings Customers”. For more information visit: http://www.avanza.se/ir.

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