February: Monthly statistics

The number of customers at Avanza has during 2019 increased by 21,300, amounting to 11,300 new customers in February. This resulted in 858,400 customers at the end of the month. Net inflow in February was SEK 2,960m**, amounting to SEK 5,310m** during 2019.

In February, the Swedish Savings Barometer was published with statistics for the fourth quarter 2018. Avanza's share of the savings market decreased slightly due to negative stock market development to 3.8 per cent at the end of the quarter while the share of net inflow was 16.9 per cent during the quarter. Rolling 12M net inflow amounted to 11.9 per cent, which exceeds the target of at least 10 per cent.

Avanza’s market share of premiums paid for occupational pension insurance was 6.0* per cent during the period January 2018 – December 2018 according to statistics from Insurance Sweden. This was an increase from 5.2 per cent during the corresponding period the previous year.

*     The definition of the market for occupational pension insurance has been changed compared to what has been previously reported to show a more accurate picture of the market which Avanza addresses with its occupational pension offering. Historical figures have been adjusted.

February
2019
 
 January
2019
 
Change
month %
 February
2018
 
Change
year %
No. customers 858,400  847,100  1  744,400  15 
Net inflow, SEKm 2,960  **  2,350  26  2,080  42 
Savings capital, SEKm 332,400  319,800  4  293,000  13 
of which deposits, SEKm 57,100  **  57,500  -1  43,900  30 
Lending, SEKm 17,100  **  15,900  8  10,100  69 
of which margin lending, SEKm 4,620  **  4,520  2  4,300  7 
of which mortgage loans, SEKm 6,100  **  6,000  2  5,400  13 
of which external mortgage volume (Bolån+), SEKm 6,400  **  5,390  19  420  1,424 
No. of commission generating notes per day***  70,400  54,400  29  66,600  6 

**   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 850,000 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 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

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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 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