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Aktia Bank Abp (AKTAV.HE)

AKTAV.HE on Helsinki Stock Exchange

9.39EUR
20 Oct 2017
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Latest Key Developments (Source: Significant Developments)

Aktia with new strategy and financial objectives
Tuesday, 17 Oct 2017 08:00am EDT 

Oct 17 (Reuters) - AKTIA BANK ABP ::AKTIA'S NEW STRATEGY AND FINANCIAL OBJECTIVES– FOCUS ON WEALTH MANAGEMENT AND FINANCING .‍FINANCIAL OBJECTIVES UP UNTIL 2022 IS TO IMPROVE COMPARABLE OPERATING PROFIT TO APPROXIMATELY EUR 80 MILLION​.‍AKTIA'S FINANCIAL OBJECTIVES UP UNTIL 2022: IMPROVE COMPARABLE COST-TO-INCOME RATIO TO 0.61​.‍SAYS DIVIDEND POLICY IS DIVIDEND PAY-OUT 60-80 % OF PROFIT FOR PERIOD AFTER TAXES​.‍FINANCIAL OBJECTIVES UP UNTIL 2022 IS TO IMPROVE RETURN ON EQUITY (ROE) TO 9.7 %​.‍FINANCIAL OBJECTIVES UP UNTIL 2022: COMMON EQUITY TIER 1 CAPITAL RATIO (CET1) AT 1.5-3 PERCENTAGE POINTS OVER REGULATORY REQUIREMENTS​.  Full Article

Aktia renews its model of operations, concludes codetermination negotiations
Monday, 25 Sep 2017 07:00am EDT 

Sept 25 (Reuters) - AKTIA BANK ABP ::AKTIA RENEWS ITS MODEL OF OPERATIONS, CODETERMINATION NEGOTIATIONS CONCLUDED <<>>.‍WITHIN BRANCH NETWORK OF AKTIA, A TOTAL OF 10 BRANCHES WILL BE MERGED WITH NEARBY BRANCHES​.‍FOLLOWING CODETERMINATION NEGOTIATIONS APPROX. 160 NEW JOB OPPORTUNITIES WILL BE OPENED IN BANK, AND APPROX. 260 OF PRESENT JOBS WILL END​.‍CHANGES IN BRANCH NETWORK WILL BE MADE GRADUALLY, AND BRANCHES WILL BE CLOSED DURING 2017​.  Full Article

Aktia Bank sees 2017 operating profit lower than in 2016
Tuesday, 29 Aug 2017 02:15am EDT 

Aug 29 (Reuters) - AKTIA BANK ABP ::OPERATING PROFIT FOR 2017 IS ESTIMATED TO BE LOWER THAN IN 2016, AS NO LARGER ONE-TIME GAINS ARE EXPECTED..AKTIA BANK ESTIMATES ITS OPERATING PROFIT FOR 2017 TO BE EUR 10-15 MILLION LOWER THAN IN 2016.COMPARABLE OPERATING PROFIT FOR 2017 IS EXPECTED TO BE ON SAME LEVEL AS COMPARABLE OPERATING PROFIT IN 2016.  Full Article

Aktia Bank Q2 net interest income falls to EUR ‍22.9​ mln
Tuesday, 8 Aug 2017 01:18am EDT 

Aug 8 (Reuters) - AKTIA BANK ABP ::Q2 NET COMMISSION INCOME EUR ‍24.6​ MILLION VERSUS EUR 20.7 MILLION YEAR AGO.Q2 NET INTEREST INCOME EUR ‍22.9​ MILLION VERSUS EUR 24.1 MILLION YEAR AGO.Q2 OPERATING PROFIT EUR ‍14.4​ MILLION VERSUS EUR 22.4 MILLION YEAR AGO.OUTLOOK FOR 2017 UNCHANGED.OPERATING PROFIT FOR 2017 IS ESTIMATED TO BE LOWER THAN IN 2016, AS NO LARGER ONE-TIME GAINS ARE EXPECTED.  Full Article

Aktia Bank Q1 net interest income EUR 23.4 million
Thursday, 11 May 2017 01:08am EDT 

May 11 (Reuters) - AKTIA BANK ABP :Q1 NET INTEREST INCOME EUR 23.4 MILLION VERSUS EUR 24.6 MILLION YEAR AGO.Q1 NET COMMISSION INCOME EUR 21.1 MILLION VERSUS EUR 18.9 MILLION YEAR AGO.  Full Article

Aktia Bank comments on EVRY's LoI to buy Samlink
Wednesday, 29 Mar 2017 04:00am EDT 

AKTIA BANK ABP : EVRY HAS SIGNED A LETTER OF INTENT TO ACQUIRE ENTIRE SHARE CAPITAL OY SAMLINK AB. . AKTIA WILL CEASE TO USE SAMLINK AS MAIN SUPPLIER OF ITS IT SYSTEMS. . AKTIA OWNS APPROXIMATELY 23% OF SHARES IN SAMLINK .SAYS IT'S NOT POSSIBLE TO RELIABLY ESTIMATE EFFECTS OF A POSSIBLE TRANSACTION ON AKTIA'S PROFIT AND FINANCIAL POSITION.  Full Article

Aktia Bank starts cooperation wth ISS-Ethix
Tuesday, 28 Feb 2017 08:30am EST 

Aktia Bank Abp :Starts cooperation wth ISS-Ethix.  Full Article

Aktia Real Estate Mortgage Bank Plc merged into Aktia Bank Plc
Tuesday, 28 Feb 2017 06:02am EST 

Aktia Bank Abp : Aktia Real Estate Mortgage Bank Plc has been merged into Aktia Bank Plc .Aktia Real Estate Mortgage Bank has ceased to exist as a separate legal entity.  Full Article

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

BRIEF-Aktia with new strategy and financial objectives

* AKTIA'S NEW STRATEGY AND FINANCIAL OBJECTIVES– FOCUS ON WEALTH MANAGEMENT AND FINANCING