Swedish savers offered record-cheap trading with American stocks

The interest among Avanza’s customers for American stocks has increased by more
than 50 percent in the last year.  Avanza’s customers now have over SEK 2.1 bln
invested in American stocks. The most popular shares are Apple, Google and Coca
-Cola.

With today’s price reduction Avanza continues to put pressure on transaction
fees and offers the lowest fees in Sweden on trading American stocks, which can
be traded through Avanza’s online platform.
“Our ambition is to continue putting pressure on transaction fees for the
benefit of Swedish savers. The interest for American stocks is increasing and
with higher volumes, we can continue to lower transaction fees. For the growing
number of savers  interested in trading in American stocks there is a lot of
money to be saved by doing it through us rather than the larger banks”, says
Martin Tivéus, Managing Director of Avanza.

Fee comparison 2014-03-27 (source: the webpage of each bank):

+-------------+-------+--------+------+----------+------------------------+
|             |Minimum|Floating|Can be|Additional| Additional account fees|
|             |    fee|     fee|traded|   foreign|                        |
|             |       |        |online|      fees|                        |
+-------------+-------+--------+------+----------+------------------------+
|Avanza       | SEK 84|   0,12%|   Yes|        No|                      No|
|             | (12,95|        |      |          |                        |
|             |   USD)|        |      |          |                        |
+-------------+-------+--------+------+----------+------------------------+
|Nordea       |SEK 199|    0,01|   Yes|       Yes|Yes – SEK 2 000 per year|
|             |       |  -0,55%|      |          |                        |
+-------------+-------+--------+------+----------+------------------------+
|SHB          |SEK 400|   0,65%|    No|          |                        |
+-------------+-------+--------+------+----------+------------------------+
|Skandiabanken|SEK 499|   0,40%|    No|          |                        |
+-------------+-------+--------+------+----------+------------------------+
|Swedbank     |SEK 900|   0,65%|    No|       Yes| Yes – SEK 1000 per year|
+-------------+-------+--------+------+----------+------------------------+
|SEB          |SEK 950|   0,65%|    No|       Yes|  Yes – SEK 400 per year|
+-------------+-------+--------+------+----------+------------------------+

The 10 most popular American stocks amongst Avanza customers right now:

 1. Apple Inc.
 2. Google
 3. The Coca-Cola Company
 4. Berkshire Hathaway
 5. Tesla Motors
 6. Facebook
 7. Netflix
 8. Citigroup
 9. Microsoft
10. McDonald´s
For further information please contact:

Martin Tivéus, Managing Director
+46 (0) 70 861 80 04
martin.tiveus@avanzabank.se
Avanza is an Internet bank founded in 1999. The Parent Company, Avanza Bank
Holding AB (publ), is listed on the Stockholm Stock Exchange. Avanza’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
has more than 325,000 customers and more than SEK 120 billion in savings
capital. This is equivalent to just over 2 percent of the Swedish savings
market. Avanza is the largest in terms of the number of transactions of Swedish
banks on the Stockholm Stock Exchange. During the last four years Avanza has won
SKI’s (Swedish Quality Index) award, “Year’s Most Satisfied Savings Customers”.
For more information visit: www.avanzabank.se