March: Monthly statistics

As per March 31 2015, the number of customers at Avanza amounted to 403,000, an increase of 31,800 since the beginning of 2015. The number of accounts amounted to 726,200. Preliminary net inflow in March was SEK 2,820 m and the total preliminary net inflow during the period January-March was consequently SEK 10,000 m.

“The falling interest rates have led to more Swedes reviewing their savings. The trend has been boosted by negative repo rates since early February, which can be seen in record-high customer inflows of over 30,000 net new active customers and net savings of SEK 10 billion during the first quarter”, says Martin Tivéus, CEO of Avanza.

Monthly statistics – March
Change one month Change one year March
2015
February
2015
March
2014
No. transactions* per day -11 % 54 % 50,200** 56,600 32,700
Change one month Change one year 31 March 2015 28 February
2015
31 March
2014
Savings capital, SEK m 2 % 38 % 168,200 165,300 121,800
Lending, SEK m 4 % 43 % 5,820** 5,610 4,080
of which Mortgage loans, SEK m 3 % 201 % 2,290** 2,220 760
Deposits, SEK m 4 % 44 % 26,100** 25,000 18,100
No. customers 3 % 22 % 403,000 393,000 331,000
No. accounts 3 % 27 % 726,200 705,100 573,600
March
2015
February
2015
March
2014
Net inflow, SEK m -25 % 112 % 2,820** 3,780 1,330

* Buying and selling transactions carried out in Nasdaq Stockholm and First North. Statistics from Nasdaq.

** Preliminary figures.

For further information please contact:   

Martin Tivéus, CEO
46 70 861 80 04
martin.tiveus@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 400,000 customers and more than SEK 160 billion in savings capital. This is equivalent to just over 2 percent of the Swedish savings market. Avanza is the largest in terms of the number of transactions of Swedish banks on the Stockholm Stock Exchange. During the last five years Avanza has won SKI’s (Swedish Quality Index) award, “Year’s Most Satisfied Savings Customers”. For more information visit: www.avanza.se

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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

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Quotes

The falling interest rates have led to more Swedes reviewing their savings. The trend has been boosted by negative repo rates since early February, which can be seen in record-high customer inflows of over 30,000 net new active customers and net savings of SEK 10 billion during the first quarter.
Martin Tivéus, CEO of Avanza