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Aktia Bank Abp (AKTAV.HE)

AKTAV.HE on Helsinki Stock Exchange

9.88EUR
22 Feb 2017
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€-0.06 (-0.60%)
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Latest Key Developments (Source: Significant Developments)

Aktia Bank Q4 operating profit down at EUR 8.6 mln
Tuesday, 14 Feb 2017 01:14am EST 

Aktia Bank Abp : Net interest income decreased by 3 pct and amounted to 23.0 million euros ($24.4 million) versus 23.7 million euros . Q4 group's operating profit was 8.6 million euros versus 11.1 million euros . Q4 net commission income increased by 6 pct to 20.1 million euros from 18.9 million euros year ago . Operating profit for 2017 is estimated to be lower than in 2016, as no larger one-time gains are expected .Board of directors proposes a dividend of 0.60 euro per share.  Full Article

Aktia Bank Q3 operating profit down at EUR 15.8 mln
Thursday, 17 Nov 2016 01:00am EST 

Aktia Bank Abp : Q3 operating profit 15.8 million euros ($16.9 million)versus 16.4 million crowns year ago . Q3 net interest income 23.9 million euros versus 23.8 million euros year ago . Q3 net commission income 20.0 million euros versus 19.7 million euros year ago .Outlook 2016 unchanged.  Full Article

Aktia Bank Q2 net commission income down at EUR 20.7 million
Wednesday, 10 Aug 2016 01:00am EDT 

Aktia Bank Abp : Q2 net commission income 20.7 million euros ($23.08 million) versus 21.7 million euros year ago . Q2 operating profit 22.4 million euros versus 19.7 million euros year ago . Q2 net interest income 24.1 million euros versus 24.3 million euros year ago .Outlook for 2016 unchanged.  Full Article

Aktia Bank: credit rating from Moody's unchanged, outlook improved
Tuesday, 5 Jul 2016 04:30am EDT 

Aktia Bank Abp : Aktia Bank's credit rating from Moody's unchanged, outlook improved . Moody's investors service changed outlook from stable to positive .Bank's Baseline Credit Assessment (BCA) remained unchanged (baa2).  Full Article

Aktia Bank Q1 operating profit down at EUR 14.6 million
Tuesday, 10 May 2016 01:00am EDT 

Aktia Bank Abp : Q1 net interest income 24.6 million euros ($27.98 million) versus 25.5 million euros year ago . Q1 write-downs on credits and other commitments 0.1 million euros versus 1.0 euros million year ago . Q1 operating profit 14.6 million euros versus 17.0 million euros year ago .Outlook 2016 unchanged - operating profit for 2016 is expected to reach an approximately similar level as in 2015.  Full Article

Aktia Bank expands cooperation with R-kioski
Monday, 11 Apr 2016 04:00am EDT 

Aktia Bank Plc:Aktia and R-kioski expand their cooperation.Cooperation between Aktia and R-kioski initiated in Dec. is to be expanded when R-kioski transfers its payment processing operations to Aktia in summer 2016.Their cooperation began just before Christmas when R-kioski branches included Aktia's MasterCard Prepaid cards in their product range.  Full Article

Aktia Bank proposes dividend of EUR 0.54/shr and return of capital of EUR 0.10/shr for 2015
Friday, 12 Feb 2016 01:15am EST 

Aktia Bank Plc:Proposes a dividend of 0.54 euro per share and a return of capital of 0.10 euro per share for 2015.  Full Article

Aktia Bank codetermination negotiations concluded, staff reduction of about 55 persons
Tuesday, 9 Feb 2016 02:00am EST 

Aktia Bank Plc:Codetermination negotiations in sales organization concluded.‍Undertakings have now been completed, resulting in a staff reduction of about 55 persons.‍Reduction of staff generates a one-off cost of about 1 million euros which was booked in Q4 2015; the estimated annual cost savings amounts to about 2 million euros.  Full Article

Aktia Bank says divestment of holdings in Visa Europe generate one-off income in 2016
Tuesday, 26 Jan 2016 07:00am EST 

Aktia Bank Plc:Divestment of holdings in Visa Europe generate one-off income in 2016 ‍.Says transaction will, upon execution, generate other operating income amounting to about 7 million euros before tax ​.Visa Europe has agreed to sell the company to the American Visa Inc.‍Expected time frame for a decision on whether sale may be executed is Q2 of 2016​.  Full Article

Aktia Bank to reduce staff by 60 persons​
Tuesday, 12 Jan 2016 02:30am EST 

Aktia Bank Plc:To initiate codetermination negotiations in the sales organisation.‍Measures planned are expected to bring annual savings of about 2 million euros.‍Reorganising of business operations generates a one-off cost of about 1 million euros​.‍Estimated reduction of number of staff is about 60 persons​.  Full Article

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BRIEF-Aktia Bank Q4 operating profit down at EUR 8.6 mln

* Net interest income decreased by 3 pct and amounted to 23.0 million euros ($24.4 million) versus 23.7 million euros