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.

August
2018
 
July
2018
 
Change
month %
August
2017
 
Change
year %
No. customers 797,800  785,200  2  656,800  21
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
Lending, SEKm 12,700* 12,300 3 8,870 43
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, 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. 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

Tags:

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 provider in Sweden. Services include saving in shares, funds, savings accounts, mortgages and a strong pension offering. Avanza has more than 900,000 customers with over SEK 300 billion in total savings capital. This is equivalent to 4.2 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 nine years Avanza has won SKI’s (Swedish Quality Index) award, “Year’s Most Satisfied Savings Customers”. For more information visit: investors.avanza.se/en