Saxo Bank Group stands as a financial service provider, and gave an interesting announcement. The announcement revealed that the Group holds more than 500 billion Danish Krone, or around $80 billion, in client assets.

Another bullish announcement was that the year 2020 saw the firm bring in 238,000 clients, with the total deposits for that year amounting to more than 75 billion Krone.

Crediting The SaxoExperience

The official announcement explained that the firm had seen a significant increase in client assets in recent years. The firm managed to go from 100 billion Krone to 500 billion Krone within just three years. This comes during a time where traders worldwide are giving out higher levels of demand, as well.

Saxo Bank Group was founded back in 1992, and needed 24 years of work in order to reach just the 100 billion Krone mark when it comes to client assets in custody. However, it only took the firm three years to reach the 500 billion Krone mark from there. According to the broker, its growth has been accelerated thanks to its focus on SaxoExperience.

The Mandatory Kind Words

Kim Fournais stands as Saxo Bank’s Founder and CEO, and gave comment about the matter at large. Fournais gave thanks to the Group’s increasingly large number of institutional and direct clients for both trusting and believing within Saxo Bank itself.

Fournais explained that this entire milestone was a humbling experience, but filled them with pride at the same time. He assured the public that the constant process of improvement and innovation regarding the SaxoExperience would carry on, hoping that the bank’s worldwide clients will continuously benefit from state-of-the-art platforms.

While the recent milestone the company achieved was noteworthy in every way, Saxo Bank had given some good results for its Average Daily Volume (ADV) numbers regarding its FX space for January 2021. The broker reported a further uptick when it comes to the equities. Saxo Bank has made it clear that it was making heavy investments within products, platforms, and services in order to facilitate more clients at large.

Plans To Continue Success

Fournais went further, hammering home how important the satisfaction of the Group’s clients is to the firm. He explained that this increase in satisfaction regarding the bank’s services and platforms is the key driver in the healthy growth throughout these years. Fournais gave further thanks to the 2,000-plus Saxo bank workers, claiming that their enormous efforts were the reasons these milestones were hit.