As per January 31 2014, the number of customers at Avanza Bank amounted to
322,500, an increase of 6,000 since the beginning of 2014. The number of
accounts amounted to 556,500. Preliminary net inflow in January was SEK 2,250 m.
Avanza Bank is negotiating a partnership with another Swedish institute. The
partnership is estimated to start during the second half of 2014 and is expected
to yield a growth in savings capital of SEK 4-5 billion. It will not require
changes in Avanza Bank’s operation nor any investment costs. Avanza expects the
revenues from this savings capital to be slightly lower than that of current
capital. Assuming that the negotiations go as planned the parties are estimated
to be ready to enter a contract in March. As soon as the contract has been
signed more information on the partnership can be disclosed.
Monthly
statistics –
January
No. Change one Change one January** December January
transactions* month year 2014 2013 2013
per day
Avanza Bank 25 % 9 % 32,500 26,000 29,900
Nordnet 22 % 3 % 22,000 18,100 21,300
Skandiabanken 29 % 16 % 2,200 1,700 1,900
Other banks Not Not - - -
separately separately
reported reported
Private savers, 24 % 7 % 56,700 45,800 53,100
total
Avanza Bank Change one Change one 31 31 31
month year January December January
2014 2013 2013
Savings 1 % 26 % 113,800 112,600 90,000
capital, SEK m
Lending, SEK m 9 % 19 % 3,590** 3,290 3,010
of which 200 % - 270** 90 -
Mortgage loans,
SEK m
Deposits, SEK m -2 % 17 % 17,300** 17,600 14,800
No. customers 2 % 12 % 322,500 316,500 286,700
No. accounts 2 % 16 % 556,500 544,900 479,900
January** December January
2014 2013 2013
Net inflow, SEK 92 % 91 % 2,250 1,170 1,180
m
* Buying and selling transactions carried out in NASDAQ OMX Stockholm and First
North. Statistics from NASDAQ OMX.
** Preliminary figures.
For further information please contact:
Martin Tivéus, Managing Director
46 70 861 80 04
martin.tiveus@avanzabank.se
Avanza Bank is an Internet bank founded in 1999. The Parent Company, Avanza Bank
Holding AB (publ), is listed on the Stockholm Stock Exchange. Avanza Bank’s
vision is that as a customer you will have more money in your pocket than if you
banked with other banks or institutions. The services include, amongst other
things, saving in shares, funds, savings accounts and a strong pension offering.
Avanza Bank has more than 320,000 customers and more than SEK 110 billion in
savings capital. This is equivalent to approximately 2 percent of the Swedish
savings market. Avanza Bank is the largest in terms of the number of
transactions of Swedish banks on the Stockholm Stock Exchange. During the last
four years Avanza Bank has won SKI’s (Swedish Quality Index) award, “Year’s Most
Satisfied Savings Customers”. For more information visit: www.avanzabank.se
January: Monthly statistics and new partnership
| Source: Avanza Bank Holding AB