The number of customers at Avanza has during 2020 increased by 270,700, amounting to 27,300 new customers in November. This resulted in 1,247,100 customers at the end of the month. Net inflow in November was
In November, the Swedish Savings Barometer was published with statistics for the third quarter 2020. Avanza's share of the savings market increased to 5.4 per cent at the end of the quarter while the share of net inflow was 22.3 per cent. Rolling 12M the share of net inflow amounted to 19.4 per cent.
Avanza's share of new lending in the mortgage market amounted to 2.2 per cent during the third quarter, including Private Banking mortgages and external mortgages via Stabelo.
Avanza’s market share of premiums paid for non-collective agreement occupational pension insurance was 7.0 per cent during the period
Nov-20 | Oct-20 | Change month % | Nov-19 | Change year % | ||
No. Customers | 1,247,100 | 1,219,800 | 2 | 963,900 | 29 | |
Net inflow, SEKm | 6,170 | * | 6,100 | 1 | 2,540 | 143 |
Savings capital, SEKm | 546,500 | 498,400 | 10 | 394,300 | 39 | |
of which deposits | 79,400 | * | 79,900 | -1 | 62,400 | 27 |
Lending, SEKm | 28,900 | * | 28,300 | 2 | 22,500 | 28 |
of which margin lending | 6,560 | * | 6,490 | 1 | 5,060 | 30 |
of which mortgage loans | 9,220 | * | 9,080 | 2 | 7,780 | 19 |
of which external mortgage volume (Bolån+) | 13,100 | * | 12,700 | 3 | 9,680 | 35 |
No. of commission generating notes per day** | 177,900 | 175,400 | 1 | 75,700 | 135 | |
* 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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