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Avanza Bank Holding AB (CHIX:AZAS) Total Deposits : kr61,867 Mil (As of Mar. 2024)


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What is Avanza Bank Holding AB Total Deposits?

Avanza Bank Holding AB's annual total deposits increased from Dec. 2021 (kr53,659 Mil) to Dec. 2022 (kr54,308 Mil) and increased from Dec. 2022 (kr54,308 Mil) to Dec. 2023 (kr61,728 Mil).


Avanza Bank Holding AB Total Deposits Historical Data

The historical data trend for Avanza Bank Holding AB's Total Deposits can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Avanza Bank Holding AB Total Deposits Chart

Avanza Bank Holding AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Deposits
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36,400.00 43,987.00 53,659.00 54,308.00 61,728.00

Avanza Bank Holding AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Deposits Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53,927.00 58,799.00 61,168.00 61,728.00 61,867.00

Avanza Bank Holding AB Total Deposits Calculation

Total Deposits that banks' customers have in their accounts. This is an very important source of banks' liquidity.

When banks' customers flood to their banks to take their deposit out, it may be called "Bank Run", which may bring down a bank due to liquidity issues.


Avanza Bank Holding AB (CHIX:AZAS) Business Description

Traded in Other Exchanges
Address
Regeringsgatan 103, Box 1399, Stockholm, SWE, SE-111 93
Avanza Bank Holding AB is a digital bank that operates in Sweden and serves primarily private customers. The bank emphasizes its online strategy to drive lower costs for its deposit base based on the law of large numbers. Its cost base is centered on a high percentage of fixed costs, primarily personnel costs. The bank does not charge its customers fixed fees or deposit fees. Income is generated when customers carry out transaction themselves, primarily through brokerage fees from securities trading, net interest income from deposits and lending, fund commissions, foreign exchange income, and other income from suppliers of investment products. Over the long term, income growth depends on the bank's ability to grow savings capital.

Avanza Bank Holding AB (CHIX:AZAS) Headlines

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