Avanza Bank
August: Monthly statistics*
The number of customers at Avanza has during 2024 increased by 112,400, amounting to 15,400 net new customers in August. This resulted in 2,013,500 customers at the end of the month. Net inflow in August was SEK 7,790m, amounting to SEK 55,200m during 2024.
In August, the Swedish Savings Barometer was published with statistics for the second quarter 2024. Avanza’s share of the net inflow to the savings market was 9.9 per cent. The share is always lower in the second quarter due to tax refunds and high inflows into occupational pensions. Rolling 12M the share of the net inflow amounted to 21.2 per cent. Avanza’s total market share of the savings market remained unchanged, 7.5 per cent compared to the previous quarter and increased from 6.6 per cent a year earlier.
Aug-24 | Jul-24 | Change month % | Aug-23 | Change year % | |
No. Customers | 2,013,500 | 1,998,100 | 1 | 1,863,100 | 8 |
Net inflow, SEKm | 7,790 | 8,260 | -6 | 6,400 | 22 |
Savings capital, SEKm | 914,600 | 922,400 | -1 | 734,800 | 24 |
of which deposits | 106,400 | 104,200 | 2 | 99,900 | 7 |
of which Savings account | 29,900 | 29,100 | 3 | 19,300 | 55 |
of which external deposits | 42,600 | 41,900 | 2 | 39,400 | 8 |
Internally financed lending, SEKm | 21,800 | 21,800 | 0 | 19,500 | 12 |
of which margin lending | 9,640 | 9,800 | -2 | 8,190 | 18 |
of which mortgages | 12,200 | 12,000 | 2 | 11,300 | 8 |
External mortgages, SEKm | 19,300 | 19,300 | 0 | 21,600 | -11 |
No. of brokerage-generating notes per trading day** | 152,000 | 149,600 | 2 | 114,500 | 33 |
Turnover in brokerage-generating securities per trading day, SEKm** | 3,610 | 3,710 | -3 | 2,560 | 41 |
of which foreign trades, SEKm | 810 | 790 | 3 | 520 | 56 |
* Figures for the current month are preliminary.
** Excluding commission notes and turnover for mutual funds and non-brokerage generating trades such as Avanza Markets and brokerage class Start.
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 that you as a customer will have more left in your own pockets than with any other bank or pension company. Services include saving in shares, funds, savings accounts, mortgages, and a strong pension offering. Avanza has over 2.0 million customers with over SEK 900 billion in total savings capital. This is equivalent to 7.5 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 14 years Avanza has won SKI’s (Swedish Quality Index) award, “Year’s Most Satisfied Savings Customers”. For more information visit: avanza.se/ir
Datum | 2024-09-04, kl 08:30 |
Källa | MFN |