The number of customers at Avanza has during 2022 increased by 74,800, amounting to 3,260 new customers in May. This resulted in 1,734,900 customers at the end of the month. Following the replacement of the backoffice system in mid-April, the regular customer termination process was halted during April, resulting in a spillover effect in May. Gross intake of new customers in May were in line with April. Net inflow in May was
In May, the Swedish Savings Barometer was published with statistics for the first quarter 2022. Avanza's share of the savings market was 6.7 per cent at the end of the quarter while the share of net inflow was 16.8 per cent. Rolling 12M the share of net inflow amounted to 15.5 per cent.
Avanza's share of new lending in the mortgage market amounted to 4.7 per cent during the first quarter 2022, including internal and external mortgages.
Avanza’s market share of premiums paid for non-collective agreement occupational pension insurance was 8.0 per cent during
May-22 | Apr-22 | Change month % | May-21 | Change year % | |
No. of Customers | 1,734,900 | 1,731,700 | 0 | 1,498,200 | 16 |
Net inflow, SEKm | 2,780 | 2,590 | 7 | 8,950 | -69 |
Savings capital, SEKm | 725,700 | 728,600 | 0 | 701,200 | 3 |
of which deposits | 100,300 | 97,100 | 3 | 85,100 | 18 |
Lending, SEKm | 43,600 | 43,600 | 0 | 34,400 | 27 |
of which margin lending | 9,850 | 10,400 | -5 | 7,990 | 23 |
of which internally financed mortgages | 10,900 | 10,900 | 0 | 9,750 | 12 |
of which external mortgages | 22,800 | 22,200 | 3 | 16,700 | 37 |
No. of brokerage-generating notes per trading day** | 165,900 | 173,400 | -4 | 244,000 | -32 |
Turnover in brokerage-generating securities per trading day, SEKm*** | 4,280 | 4,500 | -5 | 6,040 | -29 |
of which foreign trades, SEKm | 630 | 800 | -21 | 790 | -20 |
* Figures for the current month are preliminary.
** Excluding commission notes for mutual funds, non-brokerage generating notes within Avanza Markets and brokerage class Start, as well as institutional customers.
*** Excluding turnover in mutual funds and Avanza Markets.
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.
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