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2021-09-23 14:31:00 CEST 2021-09-23 14:31:00 CEST REGULATED INFORMATION Oma Säästöpankki Oyj - Inside informationOma Savings Bank Plc raises its medium-term profitability targetOMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE 23 SEPTEMBER 2021 AT 15.31 P.M. EET, INSIDE INFORMATION Oma Savings Bank Plc raises its medium-term profitability target At its meeting on 23 September 2021, the Board of Directors of Oma Savings Bank Plc (OmaSp or Company) has updated its financial goals as part of its strategy process and raises its medium-term strategical (3-5 years) profitability target. The updated target level for the cost/income ratio is less than 45 percent as of 1 October 2021, instead of the previous 55 percent. CEO Pasi Sydänlammi The company's Board of Directors has confirmed the following financial goals as of 1 October 2021:
The Board of Directors of Oma Savings Bank Plc Additional information: Distribution: OmaSp is a growing Finnish bank and the largest savings bank in Finland based on total assets. About 300 professionals provide nationwide services through OmaSp’s 32 branch offices and digital service channels to 140,000 private and corporate customers. OmaSp focuses primarily on retail banking operations and provides its clients with a broad range of banking services both through its own balance sheet as well as by acting as an intermediary for its partners’ products. The intermediated products include credit, investment and loan insurance products. OmaSp is also engaged in mortgage banking operations. OmaSp core idea is to provide personal service and to be local and close to its customers, both in digital and traditional channels. OmaSp strives to offer premium level customer experience through personal service and easy accessibility. In addition, the development of the operations and services is customer-oriented. The personnel is committed and OmaSp seeks to support their career development with versatile tasks and continuous development. A substantial part of the personnel also own shares in OmaSp. |
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