The number of customers at Avanza has during 2020 increased by 243,400, amounting to 25,100 new customers in October. This resulted in 1,219,800 customers at the end of the month. Net inflow in October was SEK 6,100m*, amounting to SEK 63,700m* during 2020.

Oct-20 Sep-20Change
month %
Oct-19Change
year %
No. Customers 1,219,800 1,194,700 2 950,800 28
Net inflow, SEKm 6,100 * 6,100 0 1,990 207
Savings capital, SEKm 498,400 514,200 -3 386,200 29
of which deposits 79,800 * 76,000 5 62,200 28
Lending, SEKm 28,300 * 27,300 4 22,000 29
of which margin lending 6,490 * 6,280 3 4,950 31
of which mortgage loans 9,080 * 8,830 3 7,500 21
of which external mortgage volume (Bolån+) 12,700 * 12,200 4 9,550 33
No. of commission generating notes per day** 175,400 170,800 3 73,600 138


* 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 nearly SEK 500 billion in total savings capital. This is equivalent to 4.9 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

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Avanza Bank Holding AB published this content on 03 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 November 2020 07:34:08 UTC