February: Monthly statistics

The number of customers at Avanza has during 2018 increased by 33,800, amounting to 11,200 new customers in February. This resulted in 744,400 customers at the end of the month. Net inflow in February was SEK 2,080*m, amounting to SEK 6,580* during 2018.

In February, the Swedish Savings Barometer was published with statistics for the fourth quarter 2017. Avanza's share of the savings market was unchanged at 3.6 per cent at the end of the quarter and the share of net inflow was 11.4 per cent. Rolling 12M net inflow amounted to 11.0 per cent, which exceeds the target for 2017 of at least 9 per cent. From 2018 the target has been adjusted to at least 10 per cent.

Statistics from Insurance Sweden showed that Avanza’s market share of premiums paid for occupational pension insurance increased from 3.4 per cent the corresponding quarter last year to 4.3 per cent at the end of the fourth quarter.

February
2018
 
January
2018
 
Change
month %
February
2017
 
Change
year %
No. customers 744,400 733,200 2 599,800 24
Net inflow, SEKm 2,080* 4,500 –54 2,450 –15
Savings capital, SEKm 283,300 282,600 0 243,900 16
Lending, SEKm 9,690* 9,840 –2 8,690 12
of which mortgage loans, SEKm 5,400* 5,350 1 4,310 25
of which margin lending, SEKm 4,300* 4,490 –4 4,380 –2
Deposits, SEKm 43,700* 41,900 4 33,700 30
No. of commission generating notes per day**  66,600* 74,000 –10 60,000 11

* Preliminary figures.

** Excluding commission notes for mutual funds, Avanza Markets, equities in brokerage class “Start” and institutional customers.

For further information please contact:

Sofia Svavar, Head of Investor Relations, +46 70 761 80 53, sofia.svavar@avanza.se

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 provider 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 280 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: investors.avanza.se/en

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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 more than 750,000 customers with over SEK 300 billion in total savings capital. This is equivalent to 3.7 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://investors.avanza.se/en.