Avanza Bank Holding AB 2020 IR
The report details Avanza Bank Holding AB's financial and sustainability performance for the fiscal year 2020. Despite the challenges of the Covid-19 pandemic, the company achieved record growth, adding 303,900 new customers to reach a total of 1,280,300. Avanza's savings capital increased by 40% to SEK 571 billion, and its operating profit rose by 203% to SEK 1,576 million. In sustainability, the company launched 'My sustainability label' for funds, introduced new low-fee sustainable funds, and purchased 263 tonnes of CO2e in climate offsets to remain climate positive. Additionally, Avanza secured the Swedish Quality Index award for Sweden's most satisfied savings customers for the eleventh consecutive year.
Company: Avanza Bank Holding AB
Sector: Financials
Country: Sweden
Year: 2020
Type: IR
Pages: 126
Avanza Bank Holding AB
The report details Avanza Bank Holding AB's financial and sustainability performance for the fiscal year 2020. Despite the challenges of the Covid-19 pandemic, the company achieved record growth, adding 303,900 new customers to reach a total of 1,280,300. Avanza's savings capital increased by 40% to SEK 571 billion, and its operating profit rose by 203% to SEK 1,576 million. In sustainability, the company launched 'My sustainability label' for funds, introduced new low-fee sustainable funds, and purchased 263 tonnes of CO2e in climate offsets to remain climate positive. Additionally, Avanza secured the Swedish Quality Index award for Sweden's most satisfied savings customers for the eleventh consecutive year.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Women on Board
Women in Management
Employees