The number of customers at Avanza has during 2020 increased by 303,900, amounting to 33,200 new customers in December. This resulted in 1,280,300 customers at the end of the year. Net inflow in December was SEK 6,400m*, amounting to SEK 76,300m* during 2020.

 Dec-20 Nov-20Change
month %
Dec-19Change
year %
No. Customers1,280,300 1,247,1003976,40031
       
Net inflow, SEKm6,400*6,17042,290179
       
Savings capital, SEKm570,500 546,5004407,70040
of which deposits77,300*79,700-362,80023
       
Lending, SEKm29,900*28,900323,00030
of which margin lending6,980*6,56065,16035
of which mortgage loans9,320*9,22017,95017
of which external mortgage volume (Bolån+)13,600*13,10049,84038
       
No. of commission generating notes per day**203,200 177,9001479,500156

* 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 500 billion in total savings capital. This is equivalent to 5.4 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 eleven years Avanza has won SKI’s (Swedish Quality Index) award, “Year’s Most Satisfied Savings Customers”. For more information visit: investors.avanza.se

© Modular Finance, source Nordic Press Releases