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Aktia Bank Abp (AKTAV.HE)

AKTAV.HE on Helsinki Stock Exchange

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Fri, Sep 9 2016

BRIEF-Aktia Bank names Martin Backman new Aktia's CEO

* Martin Backman has been appointed Aktia's new Chief Executive Officer

BRIEF-Aktia Bank Q2 net commission income down at EUR 20.7 million

* Q2 net commission income 20.7 million euros ($23.08 million) versus 21.7 million euros year ago

BRIEF-Aktia Bank: credit rating from Moody's unchanged, outlook improved

* Aktia Bank's credit rating from Moody's unchanged, outlook improved

BRIEF-Aktia Bank buys Elisa Rahoitus; changes company name

* Acquires Elisa Rahoitus Oy, a subsidiary of Elisa Corporation

BRIEF-Aktia Bank Q1 operating profit down at EUR 14.6 million

* Q1 net interest income 24.6 million euros ($27.98 million) versus 25.5 million euros year ago

BRIEF-Aktia Bank expands cooperation with R-kioski

* Cooperation between Aktia and R-kioski initiated in December is to be expanded when R-kioski transfers its payment processing operations to Aktia in summer 2016

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