February: Monthly statistics
As per 29 February 2016, the number of customers at Avanza amounted preliminary to 486,300, an increase of 18,600 since the beginning of 2016. The number of accounts amounted preliminary to 886,600. Preliminary net inflow in February was SEK 1,740m, and the total net inflow in 2016 consequently SEK 3,980m. In the previous year the net inflow was strong due to a rising stock market. The current year has been characterized by great uncertainty and a volatile stock market. This has resulted in a lower inflow of capital from mainly existing customers.
In February, the Savings Barometer published statistics for the fourth quarter 2015. This shows that Avanza's share of the savings market increased by 26 percentage points to 2.9 per cent during the quarter. Avanza's share of net inflow to the Swedish savings market was 10.2 per cent.
Statistics from Insurance Sweden shows that Avanza accounted for the largest increase in the industry as regards market share of premiums paid for life insurance in 2015, an increase from 5.1 to 6.4 per cent. Avanza Pension is the fourth leading company with respect to inflow of transferred capital on the life insurance market.
| Monthly statistics – February | |||||
| Change one month | Change one year | February 2016** |
January 2016 |
February 2015 |
|
| No. transactions* per day | –7 % | 38 % | 78,000 | 84,300 | 56,600 |
| Change one month | Change one year | 29 February 2016** | 31 January 2016 |
28 February 2015 |
|
| Savings capital, SEKm | 2 % | 12 % | 184,500 | 181,500 | 165,300 |
| Lending, SEKm | 0 % | 16 % | 6,490 | 6,520 | 5,610 |
| of which Mortgage loans, SEKm | 2 % | 28 % | 2,840 | 2,780 | 2,220 |
| Deposits, SEKm | 3 % | 30 % | 32,600 | 31,700 | 25,000 |
| No. customers | 2 % | 24 % | 486,300 | 477,200 | 393,000 |
| No. accounts | 2 % | 26 % | 886,600 | 869,200 | 705,100 |
| February 2016** |
January 2016 |
February 2015 |
|||
| Net inflow, SEKm | –22 % | –54 % | 1,740 | 2,240 | 3,780 |
* Buying and selling transactions carried out in Nasdaq Stockholm and First North. Statistics from Nasdaq.
** Preliminary figures.
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 mission is that as a customer you will have more money in your pocket than if you banked with other banks or institutions. The services include, amongst other things, saving in shares, funds, savings accounts and a strong pension offering. Avanza has more than 480,000 customers and more than SEK 180 billion in savings capital. This is equivalent to just over 2.9 percent of the Swedish savings market. Avanza is the largest in terms of the number of both transactions and turnover of Swedish banks on the Stockholm Stock Exchange. During the last six years Avanza has won SKI’s (Swedish Quality Index) award, “Year’s Most Satisfied Savings Customers”. For more information visit: Avanza.se/ir
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