The number of customers at Avanza has during 2021 increased by 217,900, amounting to 26,300 new customers in May. This resulted in 1,498,200 customers at the end of the month. Net inflow in May was SEK 8,950m*, amounting to SEK 48,200m* during 2021.
In May, the Swedish Savings Barometer was published with statistics for the first quarter 2021. Avanza's share of the savings market increased to 6.2 per cent at the end of the quarter while the share of net inflow was 24.6 per cent. Rolling 12M the share of net inflow amounted to 19.3 per cent.
Avanza's share of new lending in the mortgage market amounted to 4.6 per cent during the first quarter 2021, including internal and external mortgages.
Avanza’s market share of premiums paid for non-collective agreement occupational pension insurance was 7.5 per cent during April 2020 – March 2021 according to statistics from Insurance Sweden. This was an increase from 6.9 per cent during the corresponding period the previous year.
| May-21 | Apr-21 | Change month % | May-20 | Change year % | ||
| No. Customers | 1,498,200 | 1,471,900 | 2 | 1,098,900 | 36 | |
| Net inflow, SEKm | 8,950 | * | 8,710 | 3 | 6,130 | 46 |
| Savings capital, SEKm | 701,200 | 688,000 | 2 | 427,800 | 64 | |
| of which deposits | 84,900 | * | 82,000 | 4 | 81,300 | 4 |
| Lending, SEKm | 34,400 | * | 34,000 | 1 | 24,500 | 40 |
| of which margin lending | 7,980 | * | 8,150 | -2 | 4,990 | 60 |
| of which mortgage loans | 9,750 | * | 9,710 | 0 | 8,570 | 14 |
| of which external mortgage volume (Bolån+) | 16,700 | * | 16,200 | 3 | 10,900 | 53 |
| No. of brokerage-generating notes per trading day** | 244,000 | 253,500 | -4 | 154,000 | 58 | |
| Turnover in brokerage-generating securities per trading day, SEKm*** | 6,040 | 6,340 | -5 | 4,540 | 33 | |
| of which foreign trades, SEKm | 790 | 920 | -14 | 550 | 44 |
* Preliminary figures.
** Excluding commission notes for mutual funds, non-brokerage generating notes within Avanza Markets and brokerage class Start, as well as institutional customers.
*** Excluding turnover in mutual funds and Avanza Markets.
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 close to 1.5 million customers with SEK 700 billion in total savings capital. This is equivalent to 6.2 per cent of the Swedish savings market. Avanza is largest in terms of number of transactions among Swedish banks on the Stockholm Stock Exchange. During the last eleven years Avanza has won SKI’s (Swedish Quality Index) award, “Year’s Most Satisfied Savings Customers”. For more information visit: avanza.se/ir
