The number of customers at Avanza has during January increased by 25,300. This resulted in 1,001,700 customers at the end of the month. Already in January, the long-term target of 1 million customers 2020 was achieved. Net inflow in January was SEK 6,240m*, an increase by over 160 per cent compared to both the previous month and January 2019.
| Jan-20 | Dec-19 | Change month % | Jan-19 | Change year % | ||
| No. Customers | 1,001,700 | 976,400 | 3 | 847,100 | 18 | |
| Net inflow, SEKm | 6,240 | * | 2,290 | 172 | 2,350 | 166 |
| Savings capital, SEKm | 422,300 | 407,700 | 4 | 319,800 | 32 | |
| of which deposits | 61,600 | * | 62,800 | -2 | 57,500 | 7 |
| Lending, SEKm | 23,600 | * | 23 000 | 3 | 15 900 | 48 |
| of which margin lending | 5,400 | * | 5,160 | 5 | 4,520 | 19 |
| of which mortgage loans | 8,110 | * | 7,950 | 2 | 6,000 | 35 |
| of which external mortgages (Bolån+) | 10,000 | * | 9,840 | 2 | 5,390 | 86 |
| No. of commission generating notes per day** | 108,000 | 79,500 | 36 | 54,400 | 99 | |
* Preliminary figures.
** Excluding commission notes for mutual funds, Avanza Markets, equities in brokerage class “Start” and institutional customers.
For further information please contact:
Sofia Svavar, Head of Investor Relations, +46 70 761 80 53, sofia.svavar@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. Services include saving in shares, funds, savings accounts, mortgages and a strong pension offering. Avanza has more than 1 million customers with over SEK 400 billion in total savings capital. This is equivalent to 4.3 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 ten years Avanza has won SKI’s (Swedish Quality Index) award, “Year’s Most Satisfied Savings Customers”. For more information visit: investors.avanza.se
