Artboard 1logo
Avanza
Avanza Bank Holding |
  SEK |  %   SEK
Avanza Bank Holding |
  SEK |  %   SEK

January: Monthly statistics and new partnership

As per January 31 2014, the number of customers at Avanza Bank amounted to 322,500, an increase of 6,000 since the beginning of 2014. The number of accounts amounted to 556,500. Preliminary net inflow in January was SEK 2,250 m.

Avanza Bank is negotiating a partnership with another Swedish institute. The partnership is estimated to start during the second half of 2014 and is expected to yield a growth in savings capital of SEK 4-5 billion. It will not require changes in Avanza Bank’s operation nor any investment costs. Avanza expects the revenues from this savings capital to be slightly lower than that of current capital. Assuming that the negotiations go as planned the parties are estimated to be ready to enter a contract in March. As soon as the contract has been signed more information on the partnership can be disclosed.

Monthly statistics – January
No. transactions* per day Change one month Change one year January** 2014 December 2013 January 2013
Avanza Bank 25 % 9 % 32,500 26,000 29,900
Nordnet 22 % 3 % 22,000 18,100 21,300
Skandiabanken 29 % 16 % 2,200 1,700 1,900
Other banks Not separately reported Not separately reported - - -
Private savers, total 24 % 7 % 56,700 45,800 53,100
Avanza Bank Change one month Change one year 31 January 2014 31 December 2013 31 January 2013
Savings capital, SEK m 1 % 26 % 113,800 112,600 90,000
Lending, SEK m 9 % 19 % 3,590** 3,290 3,010
of which Mortgage loans, SEK m 200 % - 270** 90 -
Deposits, SEK m -2 % 17 % 17,300** 17,600 14,800
No. customers 2 % 12 % 322,500 316,500 286,700
No. accounts 2 % 16 % 556,500 544,900 479,900
January** 2014 December 2013 January 2013
Net inflow, SEK m 92 % 91 % 2,250 1,170 1,180

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

** Preliminary figures.