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Aktia Bank Unveils Comprehensive Annual Report for 2024

Aktia Bank Unveils Comprehensive Annual Report for 2024

Aktia Bank's Annual Report for 2024 Released

Aktia Bank Plc has officially unveiled its Annual Report for 2024, showcasing the company’s commitment to transparency and accountability. This comprehensive report includes the Annual Review, the Board of Directors' report, financial statements, and the corporate governance report, which plays a crucial role in guiding the organization's operations and strategy.

Key Components of the Annual Report

Among the highlighted documents, Aktia has included a sustainability report within the Board of Directors' report. This addition emphasizes the bank's dedication to integrating sustainability into its business practices, ensuring a positive impact on the environment and society.

In addition to the primary reports, there's a risk report, also known as the Pillar III Report, and a remuneration report, published concurrently. These documents provide stakeholders with crucial insights into the bank’s risk management strategies and compensation policies, further enhancing the organization's commitment to governance.

Availability of Reports

All the reports, including those from the Board of Directors, financial statements, corporate governance report, and remuneration report, are accessible in Finnish, Swedish, and English. This multilingual availability ensures that all stakeholders, regardless of language preference, can gain insights into Aktia's performance and governance.

The financial statements are compliant with the European Single Electronic Format (ESEF) reporting requirements and have been independently assured by KPMG Oy Ab. This assurance is conducted following the International Standard on Assurance Engagement (ISAE) 3000, which lends credibility to the reported figures.

Sustainability Reporting and Assurance

Aktia has taken significant steps to align its sustainability reporting with the European Sustainability Reporting Standards (ESRS) and the EU taxonomy, showcasing its commitment to responsible banking. KPMG Oy Ab has also verified the sustainability report, providing limited assurance on the validity of the reported data.

Aktia's Commitment to Customers and Stakeholders

With a history spanning 200 years, Aktia Bank has established itself as a leading asset manager, bank, and life insurer. The bank aims to create wealth and well-being across generations. Aktia delivers its services through digital channels and face-to-face interactions, ensuring convenience and accessibility for its customers in various regions.

As of the end of 2024, Aktia reported assets under management (AuM) totaling EUR 14.0 billion, with a balance sheet total reaching EUR 11.9 billion. The bank employs around 850 professionals committed to providing exceptional service to its clientele.

Aktia's shares are listed on Nasdaq Helsinki Ltd under the ticker AKT, reflecting the bank's robust performance and transparency in the financial market.

Contact Information for Inquiries

For further inquiries regarding the Annual Report or other information, please reach out to Oscar Taimitarha, Director of Investor Relations, at +358 40 562 2315 or via email at ir (at) aktia.fi. The bank is always open to engaging with its stakeholders, ensuring that communication lines remain open and informative.

Frequently Asked Questions

What is included in the Aktia Bank Annual Report 2024?

The report includes the Annual Review, financial statements, corporate governance report, risk report, and a remuneration report.

How can I access Aktia Bank's Annual Reports?

The reports are available on Aktia's official website under the Investors section.

Who verified Aktia Bank's sustainability report?

KPMG Oy Ab has provided limited assurance on the sustainability report to ensure its validity and compliance with international standards.

What is Aktia's assets under management (AuM)?

As of the end of 2024, Aktia's assets under management amounted to EUR 14.0 billion.

How long has Aktia Bank been in operation?

Aktia Bank has been operational for 200 years, focusing on asset management and banking services in Finland.

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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