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Alandsbanken Abp (ALBBV.HE)

ALBBV.HE on Helsinki Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Alandsbanken Q2 net interest income up at EUR 13.5 million
Friday, 22 Jul 2016 02:00am EDT 

Alandsbanken Abp : Q2 net interest income 13.5 million euros ($14.9 million)versus 12.9 million euros year ago . Q2 net profit 3.5 million eruos versus 6.2 million euros year ago .Q2 loan losses 1.7 million euros versus 0.3 million euros year ago.  Full Article

Alandsbanken revises its full-year outlook for 2016
Thursday, 21 Jul 2016 10:00am EDT 

Alandsbanken Abp : Bank of Åland expects its net operating profit in 2016 to be about same or lower than in 2015 .Bank's earlier expectation was that net operating profit would be about same as in 2015.  Full Article

Alandsbanken proposes dividend of EUR 0.60 per share for 2015
Friday, 12 Feb 2016 02:00am EST 

Alandsbanken:Board of directors proposes a dividend of 0.60 euro per share for 2015.Paid dividend of 0.40 euro per share for 2014.  Full Article

Alandsbanken sees FY 2015 operating profit to be substantially better than in FY 2014
Friday, 10 Jul 2015 02:00am EDT 

Alandsbanken:Is revising its future looking for FY 2015.Expects its net operating profit in FY 2015 to be substantially better than in FY 2014.Previously expected net operating profit in FY 2015 to be better than in FY 2014.  Full Article

Alandsbanken: Merger between Bank of Aland Plc and Alandsbanken Asset Management AB
Monday, 1 Jun 2015 04:15am EDT 

Alandsbanken:Merger between Bank of Åland Plc (Ålandsbanken Abp) and Ålandsbanken Asset Management AB was implemented on June 1, 2015.Says in addition, a cash amount of 1,233,629 euros was paid.Board decided to issue 762,912 Series B shares on June 1 as payment of merger consideration.  Full Article

Alandsbanken implements merger with Ålandsbanken Asset Management
Tuesday, 26 May 2015 02:30am EDT 

Alandsbanken:Announces implementation of the merger between Alandsbanken (Bank of Åland Plc) and Ålandsbanken Asset Management AB and the issuance of series B shares.Plan is to carry out merger on June 1, 2015.In connection with merger, a targeted issue of 762,912 series B shares will be carried out as part of payment of merger consideration.Says in addition, a cash amount equivalent to 10 percent of value of newly issued shares will be paid.  Full Article

S&P's raises credit rating on Alandsbanken (Bank of Åland) covered bonds
Thursday, 23 Apr 2015 02:00am EDT 

Alandsbanken (Bank of Åland):Standard & Poor’s (S&P's) Alandsbanken raises credit rating on covered bonds issued by the Bank of Åland Plc to AAA with a stable outlook.Says credit rating on covered bonds is being raised to AAA with a stable outlook, from earlier AA with a negative outlook.  Full Article

More From Around the Web

BRIEF-Alandsbanken Q4 net profit down at EUR 4.9 million

* Q4 net interest income 14.0 million euros ($14.85 million) versus 14.8 million euros year ago

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