The number of customers at Avanza has during 2020 increased by 187,500, amounting to 23,500 new customers in August. This resulted in 1,164,000 customers at the end of the month. Net inflow in August was
In August, the Swedish Savings Barometer was published with statistics for the second quarter 2020. Avanza's share of the savings market was 4.9 per cent at the end of the quarter while the share of net inflow was 13.4 per cent. Rolling 12M the share of net inflow amounted to 19.2 per cent.
Avanza's share of new lending in the mortgage market amounted to 2.3 per cent during the second quarter, including Private Banking mortgages and external mortgages via Stabelo.
Aug-20 | Jul-20 | Change month % | Aug-19 | Change year % | ||
No. Customers | 1,164,000 | 1,140,400 | 2 | 926,400 | 26 | |
Net inflow, SEKm | 4,950 | * | 5,270 | -6 | 2,880 | 72 |
Savings capital, SEKm | 493,900 | 466,800 | 6 | 368,000 | 34 | |
of which deposits | 76,100 | * | 77,200 | -1 | 61,100 | 25 |
Lending, SEKm | 26,300 | * | 25,700 | 2 | 20,500 | 28 |
of which margin lending | 5,950 | * | 5,650 | 5 | 4,650 | 28 |
of which mortgage loans | 8,700 | * | 8,700 | 0 | 7,070 | 23 |
of which external mortgage volume (Bolån+) | 11,700 | * | 11,400 | 3 | 8,820 | 33 |
No. of commission generating notes per day** | 164,900 | 156,700 | 5 | 71,700 | 130 | |
* 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.
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