Bank of Åland Q1-Q3 2019 Financial Results
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Q1-Q3 2019 in summary - the best result during
the 100 years history
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Net operating profit EUR 24.1 M (21.3 M Q1-Q3 2018), +13 %
Return on Equity after tax (ROE) 10.5 % (9.6 %), +9%
Earnings per share EUR 1.23 (1.08), +14 %
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The Bank of Åland has signed a cooperation agreement with ICA Bank, Söderberg & Partners and
Ikano Bank to create a new joint mortgage company in Sweden
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Compass Card merged with Ålandsbanken Abp (1st September 2019)
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A new ESG fund: Ålandsbanken Green Bond, granted the Nordic Swan Ecolabel
Euro Bond fund best in its' class by Lipper, six years in row
Revised future outlook: The Bank of Åland expects its net operating profit in 2019 to be better than
or at about the same level as in 2018
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