October: Monthly statistics

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The number of customers at Avanza has during 2017 increased by 112,100 amounting to 14,600 new customers in October. This resulted in 682,800 customers at the end of the month. Net inflow in October was SEK 3,120m*, amounting to SEK 26,300m* year to date. 

Avanza Auto, which was launched in late September, has had strong inflow of capital. From the launch up to the end of October nearly 15,000 customers have invested over SEK 500m in the funds.

October
2017
 
September
2017
 
Change
month %
October
2016
 
Change
year %
No. of commission generating notes per day**  62,200 57,300 9 53,000 17
Savings capital, SEKm 280,000 272,000 3 222,800 26
Lending, SEKm 9,160* 8,930 3 7,850 17
  of which mortgage loans, SEKm 5,100* 4,990 2 3,730 37
  of which securities loans, SEKm 4,060* 3,930 3 4,110 -1
Deposits, SEKm 42,300* 42,500 0 34,300 23
No. customers 682,800 668,100 2 551,300 24
Net inflow, SEKm 3,120* 1,540 103 2,040 53

*   Preliminary figures.

** Excluding commission notes for mutual funds, Avanza Markets, equities in brokerage class “Start” and institutional customers.

For further information please contact:

Birgitta Hagenfeldt, CFO and Deputy CEO, +46 (0)73 661 80 04, birgitta.hagenfeldt@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 680,000 customers with more than SEK 270 billion in total savings capital. This is equivalent to 3.5 percent 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 seven 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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