Ålandsbanken - Company Announcement

Bank of Åland Plc to lower prime rate

Mariehamn, 2016-07-05 10:00 CEST (GLOBE NEWSWIRE) -- 

Bank of Åland Plc
Stock exchange release
July 5, 2016, 11.00 a.m.

Bank of Åland Plc to lower prime rate

The Bank of Åland Plc (Ålandsbanken Abp) has decided to lower its prime rate by
0.20 percentage points, from 0.75 per cent to 0.55 per cent. The basis for this
decision is falling market interest rates. The change goes into effect on July
19, 2016. 

Bank of Åland Plc

For further information, please contact:

Peter Wiklöf, Managing Director and Chief Executive, Bank of Åland Plc, tel
+358 40 512 7505