News: Aktia Bank Abp (AKTAV.HE)

AKTAV.HE on Helsinki Stock Exchange

10.92EUR
30 Apr 2015
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Thu, Mar 19 2015

BRIEF-Aktia Bank updates financial objectives and dividend policy

* Says financial objectives up until 2018 -- to improve cost-to-income ratio by at least 10 per cent (2014: 0.71)

BRIEF-Aktia Bank decreases holdings in Folksam Non-Life Insurance

* Has entered into agreement to divest further 24 percent of its holdings in Folksam Non-Life Insurance Ltd to Folksam General

BRIEF-Aktia Q4 operating profit up to EUR 12.6 million

* Q4 net interest income 25.3 million euros ($28.6 million) versus 27.3 million euros year ago

BRIEF-Aktia Bank completes acquisition of own shares

* Total purchase price for shares was 1.3 million euros ($1.62 million)

BRIEF-Aktia Bank commences acquisition of own shares

* Is to acquire total of maximum 130,000 A series shares, corresponding to about 0.28 pct of number of currently issued series A shares

BRIEF-Aktia Bank Q3 operating profit down to EUR 17.3 million

* Q3 operating profit 17.3 million euros versus 19.6 million euros

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