November: Monthly statistics
The number of customers at Avanza has during 2016 increased by 94,200 amounting to 10,600 new customers in November and resulting in 561,900 customers at the end of the month. Net inflow was SEK 2,160m*, amounting to SEK 24,500m* year to date.
In November, the Swedish Savings Barometer was published with statistics for the third quarter 2016. Avanza's share of the savings market increased to 3.2 per cent during the quarter (3.0 per cent in the second quarter) and the share of net inflow was 12.7 per cent. Rolling 12M net inflow amounted to 9.9 per cent, which exceeds the long-term target of at least 7 per cent. Statistics from Insurance Sweden showed that Avanza’s market share of premiums paid for occupational pension insurance increased to 3.2 per cent (2.3). Avanza Pension is the fourth largest with respect to inflow of transferred capital on the Swedish life insurance market.
| November 2016 |
October 2016 |
Change month % |
November 2015 |
Change year % |
|
| No. transactions** per day | 98,600* | 90,800 | 9 | 83,700 | 18 |
| Savings capital, SEKm | 226,000 | 222,800 | 1 | 194,300 | 16 |
| Lending, SEKm | 7,980* | 7,850 | 2 | 6,310 | 26 |
| of which mortgage loans, SEKm | 3,870* | 3,730 | 4 | 2,650 | 46 |
| of which securities loans, SEKm | 4,110* | 4,110 | 0 | 3,660 | 12 |
| Deposits, SEKm | 34,500* | 34,300 | 1 | 30,900 | 12 |
| No. customers | 561,900 | 551,300 | 2 | 458,500 | 23 |
| No. accounts | 1,034,500 | 1,013,300 | 2 | 836,100 | 24 |
| Net inflow, SEKm | 2,160* | 2,040 | 6 | 2,280 | –5 |
* Preliminary figures.
** Buying and selling transactions carried out in Nasdaq Stockholm and First North. Statistics from Nasdaq.
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 customer promise is a better return on your savings than with any other bank or insurance company in Sweden – due to low fees. Services include saving in shares, funds, savings accounts and a strong pension offering. Avanza has more than 550,000 customers and more than SEK 200 billion in total savings capital. This is equivalent to just over 3 percent of the Swedish savings market. Avanza is largest in terms of number of transactions and the second largest in terms of turnover among Swedish banks on the Stockholm Stock Exchange including First North. During the last six years Avanza has won SKI’s (Swedish Quality Index) award, “Year’s Most Satisfied Savings Customers”. For more information visit: http://www.avanza.com
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