Mariehamn, 2017-03-09 14:00 CET (GLOBE NEWSWIRE) --
Bank of Åland Plc
Annual Financial Report
March 9, 2017, 3.00 p.m.
The 2016 Annual Report of the Bank of Åland Plc, with the future outlook for 2017
The Annual Report for 2016 of the Bank of Åland Plc (Ålandsbanken Abp) – including the Corporate Governance Statement and the Pillar 3 risk report – was published today in Swedish and English.
The Annual Report is available for downloading in PDF format from our website:
https://www.alandsbanken.com/uploads/pdf/result/arsredovisn2016en.pdf
Future outlook
The Bank of Åland expects its net operating profit in 2017 to be about the same as in 2017. The Bank of Åland is especially dependent on developments in the fixed income and stock markets. There is concern about the economic trends in various important markets. For this reason, there is significant uncertainty in our current forecast of the future.
Bank of Åland Plc
For further information, please contact:
Peter Wiklöf, Managing Director and Chief Executive, tel +358 40 512 7505
Attached:
Annual Report of the Bank of Åland Plc for 2016
