March: Monthly statistics
The number of customers at Avanza has during 2018 increased by 42,400, amounting to 8,610 new customers in March. This resulted in 753,100 customers at the end of the month. Net inflow in March was SEK 1,380*m, amounting to SEK 7,960* during 2018.
As of March, Avanza has changed the definition of "Savings capital". This means lending is no longer deducted from the savings capital. This gives a better view of the savings capital development, and allows a better comparison with other banks. Historical figures have been restated, and an updated version of Key Data is available on the site, http://investors.avanza.se/en/financial-statistics.
| March 2018 |
February 2018 |
Change month % |
March 2017 |
Change year % |
|
| No. customers | 753,100 | 744,400 | 1 | 609,000 | 24 |
| Net inflow, SEKm | 1,380* | 2,080 | –34 | 2,690 | –49 |
| Savings capital, SEKm | 288,700 | 293,000 | –1 | 255,100 | 13 |
| of which deposits, SEKm | 44,700* | 43,900 | 2 | 35,100 | 27 |
| Lending, SEKm | 9,790* | 9,700 | 1 | 8,760 | 12 |
| of which margin lending, SEKm | 4,300* | 4,300 | 0 | 4,290 | 0 |
| of which mortgage loans, SEKm | 5,480* | 5,400 | 1 | 4,460 | 23 |
| No. of commission generating notes per day** | 51,200* | 66,600 | –23 | 53,000 | –3 |
* 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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