August: Monthly statistics
The number of customers at Avanza has during 2018 increased by 87,200, amounting to 12,600 new customers in August. This resulted in 797,800 customers at the end of the month. Net inflow in August was SEK 3,460*m, amounting to SEK 18,900*m during 2018.
On 24 August, Avanza launched the world’s cheapest global index fund, Avanza Global. At the end of the month, assets under administration reached SEK 714m.
|Net inflow, SEKm||3,460*||2,680||29||1,940||78|
|Savings capital, SEKm||328,400||318,100||3||269,800||22|
|of which deposits, SEKm||49,200*||47,900||3||43,200||14|
|of which margin lending, SEKm||4,380*||4,320||1||4,020||9|
|of which mortgage loans, SEKm||5,760*||5,710||1||4,850||19|
|of which external mortgage volume (Bolån+), SEKm||2,570*||2,280||13||-||-|
|No. of commission generating notes per day**||66,600||52,700||26||47,900||39|
* 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, firstname.lastname@example.org
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. Services include saving in shares, funds, savings accounts, mortgages 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 3.8 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