February: Monthly statistics

As per 29 February 2016, the number of customers at Avanza amounted preliminary to 486,300, an increase of 18,600 since the beginning of 2016. The number of accounts amounted preliminary to 886,600. Preliminary net inflow in February was SEK 1,740m, and the total net inflow in 2016 consequently SEK 3,980m. In the previous year the net inflow was strong due to a rising stock market. The current year has been characterized by great uncertainty and a volatile stock market. This has resulted in a lower inflow of capital from mainly existing customers. In February, the Savings Barometer published statistics for the fourth quarter 2015. This shows that Avanza's share of the savings market increased by 26 percentage points to 2.9 per cent during the quarter. Avanza's share of net inflow to the Swedish savings market was 10.2 per cent. Statistics from Insurance Sweden shows that Avanza accounted for the largest increase in the industry as regards market share of premiums paid for life insurance in 2015, an increase from 5.1 to 6.4 per cent. Avanza Pension is the fourth leading company with respect to inflow of transferred capital on the life insurance market.