Aktia Pankki Oyj - Interim report (Q1 and Q3)

Aktia Bank plc Interim report 1 January - 30 June 2011

(subsidiary to the listed Aktia Plc)

Interim report 3 August 2011 at 8 am EET

Helsinki, Finland, 2011-08-03 07:00 CEST (GLOBE NEWSWIRE) -- 
Profit for 1-6/2011



Aktia Bank plc is a subsidiary to the listed Aktia plc and operates as parent
company in the Bank Group. Subsidiaries in the Bank Group are: Aktia Real
Estate Mortgage Bank plc, Aktia Asset Management Ltd, Aktia Fund Management
Company Ltd, Aktia Invest Ltd, Aktia Card Ltd and Aktia Corporate Finance Ltd. 



  -- The Bank Group's operating profit during the first half year of 2011 was
     EUR 24.4 (38.4) million. Profit for the period was EUR 18.0 (28.5) million.
     Earnings per share was EUR 5.6 (9.1) million.



  -- The Banking Business' operating profit decreased to EUR 25.2 (37.9)
     million. Asset Management improved its profitability and reached an
     operating profit of EUR 3.1 (2.0) million.





Key figures                                                                     
(EUR million)        1-6/    1-6/     ∆    4-6/  4-6/ 2010     ∆    1-3/   1-12/
                     2011    2010          2011                     2011    2010
Earnings per          5.6     9.1  -38%     2.1        5.2  -59%     3.5    16.7
 share (EPS), EUR                                                               
Equity per share    103.1   112.3   -8%   103.1      112.3   -8%   100.1   110.9
 (NAV)1                                                                         
Return on equity      9.7    14.9  -35%     7.5       16.7  -55%    12.5    13.8
 (ROE), %                                                                       
Total earnings       -1.1     9.6     -     3.0       -0.1     -    -4.1     8.2
 per share                                                                      
Number of shares        3       3    0%       3          3    0%       3       3
 at the end of                                                                  
 the period1                                                                    
Cost-to-income       0.68    0.55   24%    0.74       0.54   37%    0.63    0.59
 ratio,                                                                         
 continuing                                                                     
 operations                                                    
Capital adequacy     16.6    16.5    1%    16.6       16.5    1%    16.0    15.9
 ratio1 , %                                                                     
Tier 1 capital       10.8    10.1    6%    10.8       10.1    6%    10.3    10.1
 ratio1, %                                                                      
1 At the end of                                                                 
 the period                                                                     




         Aktia Bank Plc
         CEO Jussi Laitinen, tel. +358 10 247 5000
         Deputy CEO, CFO Stefan Björkman, tel. +358 10 247 6595
         IR Manager Anna Gabrán, tel. +358 10 247 6501, anna.gabran(at)aktia.fi

Attachments:

Aktia Bank plc 2Q interim.pdf