Bank of Åland Q1-Q3 2019 Financial Results
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Scorecard
Capital
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S&P rating uplift for strong capital position
Common Equity Tier 1 capital ratio 13.3 % as
of September 30, 2019
IRB method for credit risk capital requirement
not yet approved for the Swedish credit
portfolio
Risk Management
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Long history of having the lowest loan loss
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level of all Finnish banks. Loan loss level was
0.05% in Q1-Q3 2019
No trading positions or complex financial
instruments
Strict limits on exposures to financial
institutions. Bulk of the exposure is to highly
rated Nordic entities
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Liquidity and Funding
Core funding ratio of 88% as of September 30,
2019
Liquidity reserve at 22% of total assets as of
September 30, 2019
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LCR at 163 % as of September 30, 2019
·
NSFR at 117% as of September 30, 2019
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AAA rating on Covered Bonds
Profitability
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Challenging interest rate environment
Positive earnings trend
Net operating profit of EUR 24.1 M Q1-Q3
2019
Return on equity 10.5 % Q1-Q3 2019
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