Saxo Bank Group Clients' Assets Exceeds DKK 500 Billion

The Saxo Bank Group announced on Saturday that its clients' assets have passed a record-breaking milestone of DKK 500 billion (USD 80 billion), an important milestone in Saxo's history. During 2020, 238,000 clients opened an account, depositing more than DKK 75 billion (EUR 10 billion), and made a trade on Saxo Bank's platforms.

This is yet another record-breaking milestone in the 28 years since Saxo Bank was founded. It took the bank 25 years to reach the DKK 100 billion milestone, then another 3 years to exceed the DKK 500 billion. 

Saxo Bank has seen a healthy growth in clients' assets for many years, but the positive trend has accelerated exponentially following a dedicated focus on constantly improving the Saxo Experience to ensure that its clients benefit from the best platforms, products, and services. Other key factors include the further expansion into the investor segment which have further fueled the organic growth in new clients along with the successful integration of BinckBank.

This has boosted the number of clients trusting Saxo Bank as their preferred platform to fulfill their financial aspirations amid increased volatility in global financial markets.

Kim Fournais, CEO & founder, commented: "We would like to thank our increasing number of direct and institutional clients for their trust and confidence in Saxo Bank. We are proud and humble to reach this important milestone and we will continue to innovate and constantly improve the SaxoExperience — so our growing number of clients across the world can benefit from state of the art platforms and act in a timely, relevant, and informed manner."