The number of customers at Avanza has during 2020 increased by 164,000, amounting to 24,900 new customers in July. This resulted in 1,140,400 customers at the end of the month. Net inflow in July was SEK 5,270m*, amounting to SEK 46,500m* during 2020.
The net inflow for July includes an inflow of SEK 70m linked to closer cooperation with an asset management firm. This cooperation has contributed to a net inflow of around SEK 4,000m.
|Net inflow, SEKm||5,270||*||5,350||-1||4,240||24|
|Savings capital, SEKm||466,800||444,600||5||370,900||26|
|of which deposits||77,100||*||79,300||-3||60,300||28|
|of which margin lending||5,650||*||5,370||5||4,670||21|
|of which mortgage loans||8,700||*||8,640||1||6,920||26|
|of which external mortgage volume (Bolån+)||11,400||*||11,200||2||8,430||35|
|No. of commission generating notes per day**||156,700||153,100||2||75,100||109|
** 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, email@example.com
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 450 billion in total savings capital. This is equivalent to 4.4 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