Avanza Bank Holding — Earnings Release 2016

Apr 4, 2016

Monthly statistics 2016-04-04, 08.15

March: Monthly statistics

The number of customers at Avanza has increased by 26,100* in 2016 and amounted to 493,800* as per 31 March 2016. The number of accounts was 903,500*. Net inflow in March was SEK 970m*, and the total net inflow in 2016 was consequently SEK 4,960m*.

Last year the net inflow was strong as a result of a rising stock market. During the first quarter in 2016 concerns on the stock market contributed to a decreasing net inflow, mainly from existing customers, compared to the same period last year. The uncertainty on the stock market had a negative impact on the trading activity compared with previous quarter, but the activity increased compared with the first quarter in 2015.

Monthly statistics – March
No. transactions** per day	Change one month –18 %	Change one year 26 %	March 2016* 62,900	February 2016 76,800	March 2015 49,900
	Change one	Change one	31 March	29 February	31 March
	month	year	2016*	2016	2015
Savings capital, SEKm	2 %	12 %	188,900	184,500	168,200
Lending, SEKm	3 %	15 %	6,690	6,490	5,820
of which Mortgage loans, SEKm	2 %	26 %	2,890	2,840	2,290
Deposits, SEKm	3 %	24 %	32,500	32,600	26,200
No. customers	2 %	23 %	493,800	486,300	403,000
No. accounts	2 %	24 %	903,500	886,600	726,200
Net inflow, SEKm	–44 %	–66 %	March 2016* 970	February 2016 1,740	March 2015 2,820

* Preliminary figures.

** Buying and selling transactions carried out in Nasdaq Stockholm and First North. Statistics from Nasdaq.

From March 2016 the resolution fee, that is the former stability fee, and the deposit guarantee fee are reported as interest expenses and thus transferred from other operating expenses to net interest income. Historical figures on the website have been adjusted.

For further information please contact:

Sofia Svavar, Head of Investor Relations, +46 8 409 420 17, sofia.svavar@avanza.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 mission 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 490,000 customers and more than SEK 180 billion in savings capital. This is equivalent to just over 2.9 percent of the Swedish savings market. Avanza is the largest in terms of the number of both transactions and turnover of Swedish banks on the Stockholm Stock Exchange. During the last six years Avanza has won SKI's (Swedish Quality Index) award, "Year's Most Satisfied Savings Customers". For more information visit: avanza.se/ir