Correction: No. of brokerage-generating notes per trading day for February was 202,200, not 171,900 as previously communicated. This corresponds to a change of -17% compared to the previous month and -37% compared to the corresponding month in 2021, not -29% and -46% respectively as previously communicated.
The number of customers at Avanza has during 2022 increased by 41,200, amounting to 13,100 new customers in February. This resulted in 1,701,400 customers at the end of the month. Net inflow in February was SEK 4,810m, amounting to SEK 13,100m during 2022.
At the end of February, statistics from the Swedish Savings Barometer (Sparbarometern) were published for the fourth quarter of 2021. Avanza's share of the savings market increased to 7.0 per cent. The share of the net inflow was 16.5 per cent and for the twelve-month period amounted to 17.4 per cent.
Avanza's share of new lending in the mortgage market during the fourth quarter amounted to 3.1 per cent, including both Avanza's internally financed mortgage and external mortgage volume.
Avanza’s market share of premiums paid for non-collective agreement occupational pension insurance was 7.8 per cent during 2021 according to statistics from Insurance Sweden. This was an increase from 7.2 per cent during 2020.
Regarding the fourth quarter of 2021, Avanza's share of the premiums paid to the Swedish life insurance market during the last twelve-month period was 12.0 per cent.
| Feb-22 | Jan-22 | Change month % | Feb-21 | Change year % | |
| No. Customers | 1,701,400 | 1,688,300 | 1 | 1,398,400 | 22 |
| Net inflow, SEKm | 4,810 | 8,270 | -42 | 9,030 | -47 |
| Savings capital, SEKm | 722,600 | 754,600 | -4 | 617,800 | 17 |
| of which deposits | 99,300 | 91,700 | 8 | 78,900 | 26 |
| Lending, SEKm | 41,600 | 41,100 | 1 | 31,800 | 31 |
| of which margin lending | 9,860 | 10,400 | -5 | 7,670 | 29 |
| of which internally financed mortgages | 10,600 | 10,400 | 2 | 9,440 | 12 |
| of which external mortgages | 21,100 | 20,300 | 4 | 14,700 | 44 |
| No. of brokerage-generating notes per trading day** | 202,200 | 243,400 | -17 | 320,800 | -37 |
| Turnover in brokerage-generating securities per trading day, SEKm*** | 5,890 | 6,200 | -5 | 7,620 | -23 |
| of which foreign trades, SEKm | 790 | 1,090 | -28 | 1,770 | -55 |
* Figures for the current month are preliminary.
** 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 over 1.7 million customers with over SEK 700 billion in total savings capital. This is equivalent to 7.0 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 twelve years Avanza has won SKI’s (Swedish Quality Index) award, “Year’s Most Satisfied Savings Customers”. For more information visit: avanza.se/ir
