Investor Presentaiton
36
5000
4500
4000
Balanced Growth in the Credit Portfolio
Total lending was EUR 4,378 M, as of December 31, 2020
•
Selective lending to high quality borrowers, high net worth and affluent Private Banking clients
•
Asset quality prioritised over lending volume growth and higher returns
•
Lending must always be made in consideration of safeguarding Bank of Åland's strong brand and market reputation
•
Corporate lending at Åland Islands, 7 % of total lending
.
•
Loan loss level 0.11% in 2020 and 0.08 % in 2019
Model-driven impairment losses on financial assets increased because of the expected effects of the Covid-19 pandemic. During the
first quarter of 2020, the Bank made a group provision of EUR 2.0 M related to heightened risk of losses in the corporate loan
portfolio. So far it has not been necessary to utilize these provisions
Total Receivables
Receivables from the Companies Other industry and crafts
M EUR
3500
3000
2500
Σ 2000
1500
1000
500
0
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
Public and non-profit
sector
Companies
Private individuals
M EUR
1400
1200
1000
800
600
400
200
0
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
Construction
Agriculture, forestry and
fishing
Other service operations
■ Hotel and restaurant
operations
■Financial and insurance
operations
Other real estate
operations
■Housing operations
Wholesale and retail trade
■Shipping
ALANDSBANKENView entire presentation