February: Monthly statistics

The number of customers at Avanza has during 2017 increased by 29,200 amounting to 13,000 new customers in February and resulting in 599,800 customers at the end of the month. Net inflow was SEK 2,450m*, amounting to SEK 5,930m* year to date.

In February, the Swedish Savings Barometer was published with statistics for the fourth quarter 2016. Avanza's share of the savings market increased to 3.3 per cent during the quarter (3.2 per cent in the third quarter) and the share of net inflow was 16.2 per cent. Rolling 12M net inflow amounted to 10.9 per cent, which exceeds the long-term target of at least 9 per cent. Statistics from Insurance Sweden showed that Avanza’s market share of premiums paid for occupational pension insurance increased to 3.4 per cent (2.5). Avanza Pension is the third largest with respect to inflow of transferred capital on the Swedish life insurance market.

February
2017
 
January
2017
 
Change
month %
February
2016
 
Change
year %
No. transactions** per day   104,800 * 98,800 6 76,800 36
Savings capital, SEKm 243,900 235,700 3 184,500 32
Lending, SEKm 8,690* 8,470 3 6,490 34
of which mortgage loans, SEKm 4,310* 4,200 3 2,840 52
of which securities loans, SEKm 4,380* 4,270 3 3,660 20
Deposits, SEKm 33,600* 34,600 –3 32,600 3
No. customers 599,800 586,800 2 486,300 23
No. accounts 1,098,600 1,075,000 2 886,600 24
Net inflow, SEKm 2,450* 3,480 –30 1,740 41

* Preliminary figures.

** Buying and selling transactions carried out in Nasdaq Stockholm and First North. Statistics from Nasdaq.

For further information please contact:     

Sofia Svavar, Head of Investor Relations
46 8 409 420 17
sofia.svavar@avanza.se

Avanza is an Internet bank 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 600,000 customers and more than SEK 200 billion in total savings capital. This is equivalent to just over 3 percent 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 seven years Avanza has won SKI’s (Swedish Quality Index) award, “Year’s Most Satisfied Savings Customers”. For more information visit: http://www.avanza.com

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Avanza is an Internet bank 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 insurance company in Sweden – due to low fees. Services include saving in shares, funds, savings accounts and a strong pension offering. Avanza has about 600,000 customers and close to SEK 250 billion in total savings capital. This is equivalent to just over 3 percent 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 seven years Avanza has won SKI’s (Swedish Quality Index) award, “Year’s Most Satisfied Savings Customers”. For more information visit: http://www.avanza.com.