The number of customers at Avanza has during 2022 increased by 103,900, amounting to 7,110 new customers in September. This resulted in 1,764,000 customers at the end of the month. Net inflow in September was SEK -220m, amounting to SEK 31,000m during 2022. Inflows were stable, while outflows were negatively affected by the market uncertainty where recent rate hikes led primarily corporate customers to withdraw cash from Avanza in favour of savings accounts with higher interest rates.
| Sep-22 | Aug-22 | Change month % | Sep-21 | Change year % | |
| No. Customers | 1,764,000 | 1,756,900 | 0 | 1,588,400 | 11 |
| Net inflow, SEKm | -220 | 2,880 | -108 | 5,090 | -104 |
| Savings capital, SEKm | 639,900 | 681,500 | -6 | 735,000 | -13 |
| of which deposits | 100,100 | 99,600 | 1 | 88,900 | 13 |
| Lending, SEKm | 43,500 | 44,100 | -1 | 37,300 | 17 |
| of which margin lending | 8,970 | 9,660 | -7 | 9,380 | -4 |
| of which internally financed mortgages | 11,200 | 11,200 | 0 | 9,940 | 13 |
| of which external mortgages | 23,300 | 23,200 | 0 | 18,000 | 29 |
| No. of brokerage-generating notes per trading day** | 136,900 | 149,200 | -8 | 195,000 | -30 |
| Turnover in brokerage-generating securities per trading day, SEKm*** | 3,340 | 3,680 | -9 | 5,110 | -35 |
| of which foreign trades, SEKm | 440 | 670 | -34 | 840 | -48 |
* 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, Chief Communications & IR Officer, +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 600 billion in total savings capital. This is equivalent to over 6 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
