Ålandsbanken - Annual Financial Report

Bank of Åland Plc: The 2016 Annual Report of the Bank of Åland Plc, with the future outlook for 2017

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

Attachments:

alandsbanken_arsredovisn2016en.pdf