GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Avanza Bank Holding AB (OTCPK:AVVZF) » Definitions » Inventories, Finished Goods

AVVZF (Avanza Bank Holding AB) Inventories, Finished Goods


View and export this data going back to 2017. Start your Free Trial

What is Avanza Bank Holding AB Inventories, Finished Goods?

Inventories, Finished Goods does not apply to banks and insurance companies.


Avanza Bank Holding AB 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 prdominantly 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, personnel costs. The bank does not charge its customers fixed fees or deposit fees. Income is generated when customers carry out transaction themselves, predominantly 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.