CORRECTION: Bank of Åland Plc: The 2016 Annual Re

Mariehamn, 2017-03-09 15:10 CET (GLOBE NEWSWIRE) -- Bank of Åland Plc Annual Financial Report March 9, 2017, 4.10 p.m.

Correction of year in the future outlook:  The Bank of Åland expects its net operating profit in 2017 to be about the same as in 2016.

Bank of Åland Plc Annual Financial Report March 9, 2017, 3.00 p.m. The 2016 Annual Report of the Bank of Åland Plc, with the future outlook for 2017 The Annual Report for 2016 of the Bank of Åland Plc (Ålandsbanken Abp) – including the Corporate Governance Statement and the Pillar 3 risk report – was published today in Swedish and English. 

The Annual Report is available for downloading in PDF format from our website: https://www.alandsbanken.com/uploads/pdf/resu...2016en.pdf

Future outlook  The Bank of Åland expects its net operating profit in 2017 to be about the same as in 2017. The Bank of Åland is especially dependent on developments in the fixed income and stock markets. There is concern about the economic trends in various important markets. For this reason, there is significant uncertainty in our current forecast of the future.

Bank of Åland Plc   

For further information, please contact: Peter Wiklöf, Managing Director and Chief Executive, tel +358 40 512 7505 

Attached: Annual Report of the Bank of Åland Plc for 2016