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Alandsbanken Abp (ALBBV.HE)

ALBBV.HE on Helsinki Stock Exchange

9 Dec 2016
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€0.09 (+0.68%)
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Fri, Nov 18 2016

BRIEF-Standard & Poor's raises credit rating of Bank of Åland

* S&P raises counterparty credit rating of Bank of Åland Plc for short-term borrowing to A-2 from A-3

BRIEF-Alandsbanken Q3 net profit down at EUR 5.0 million

* Q3 net operating profit down by 3 pct to 6.2 million euros ($6.75 million)

BRIEF-Alandsbanken Q2 net interest income up at EUR 13.5 million

* Q2 net interest income 13.5 million euros ($14.9 million)versus 12.9 million euros year ago

BRIEF-Alandsbanken revises its full-year outlook for 2016

* Bank of Åland expects its net operating profit in 2016 to be about same or lower than in 2015

BRIEF-Bank of Åland Plc to lower prime rate by 0.20 percentage points

* Has decided to lower its prime rate by 0.20 percentage points, from 0.75 per cent to 0.55 per cent

BRIEF-Gemalto's bio-sourced payment cards chosen by Bank of Aland

* Bank of Aland chooses Gemalto's bio-sourced payment cards to support Baltic sea environmental campaign Source text for Eikon: Further company coverage: (Gdynia Newsroom:)

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