Company Ålandsbanken Abp

Equities

ALBAV

FI0009000103

Banks

Market Closed - Nasdaq Helsinki 09:09:13 2024-04-26 am EDT After market 11:25:00 am
34.6 EUR -0.57% Intraday chart for Ålandsbanken Abp 33.7 -2.60%

Business Summary

Alandsbanken Abp (Bank of Aland Plc) is a Finland-based commercial bank primarily engaged in the provision of banking services to individuals and corporate customers. It offers such products, as bank accounts, loans, credit cards, insurance, savings solutions, consulting services and Internet and Mobile banking, among others. As of December 31, 2011, the bank had 16 branches located on the Aland Islands and eight offices in other parts of Finland, namely in the cities of Helsinki, Espoo, Tampere, Vaasa, Turku and Pargas. It also operates three branches in the Swedish cities of Stockholm, Gothenburg and Malmo.

Number of employees: 1,000

Sales per Business

EUR in Million2022Weight2023Weight Delta
Private Banking
49.2 %
91 49.6 % 100 49.2 % +9.05%
Premium Banking
32.5 %
55 29.7 % 66 32.5 % +20.16%
Information Technology
23.7 %
44 24.1 % 48 23.7 % +8.18%
Eliminations
-10.1 %
-21 -11.6 % -20 -10.1 % -4.97%
Corporate and Other
4.7 %
15 8.3 % 9 4.7 % -38.26%

Sales per region

EUR in Million2022Weight2023Weight Delta
Finland
67.0 %
114 61.7 % 136 67.0 % +19.36%
Sweden
33.0 %
71 38.3 % 67 33.0 % -5.43%

Managers

Managers TitleAgeSince
Chief Executive Officer 58 07-12-31
Director of Finance/CFO 65 10-12-31
Compliance Officer 49 11-12-31
Chief Administrative Officer 57 05-12-31
Corporate Officer/Principal 60 09-12-31
Sales & Marketing 42 -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 78 05-12-31
Director/Board Member 76 13-04-17
Chairman 76 13-04-17
Chief Executive Officer 58 07-12-31
Director/Board Member 65 12-04-18
Director/Board Member 57 14-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 8,867,869 6,450,885 ( 72.74 %) 0 57.55 %
Stock B 20 6,476,138 2,378,860 ( 36.73 %) 0

Shareholders

NameEquities%Valuation
1,332,961 15.03 % 51 M €
225,000 2.537 % 9 M €
Veritas Pension Insurance Co. Ltd.
1.866 %
165,490 1.866 % 6 M €
165,467 1.866 % 6 M €
Aktia Bank Plc (Investment Management)
1.267 %
112,319 1.267 % 4 M €
Forsakringsaktiebolaget Pensions Alandia
1.171 %
103,800 1.171 % 4 M €
Veritas Bolagen
0.5935 %
52,632 0.5935 % 2 M €
Nordea Investment Management AB (Finland)
0.1998 %
17,717 0.1998 % 673 529 €
Dimensional Fund Advisors Ltd.
0.1011 %
8,968 0.1011 % 340 927 €
5,867 0.0662 % 223 040 €
NameEquities%Valuation
1,993,534 30.78 % 78 M €
Veritas Bolagen
11.66 %
754,908 11.66 % 30 M €
616,764 9.524 % 24 M €
277,500 4.285 % 11 M €
251,574 3.885 % 10 M €
Svenska Litteratursällskapet i Finland r f
3.223 %
208,750 3.223 % 8 M €
Forsakringsaktiebolaget Pensions Alandia
2.508 %
162,450 2.508 % 6 M €
Veritas Pension Insurance Co. Ltd.
1.819 %
117,794 1.819 % 5 M €
Aktia Bank Plc (Investment Management)
0.7675 %
49,703 0.7675 % 2 M €
3,000 0.0463 % 117 288 €

Holdings

NameEquities%Valuation
143,931 1.11% 734,961 $

Company contact information

Ålandsbanken Abp

Nygatan 2

22100, Mariehamn

+358 2042 9011

http://www.alandsbanken.fi
address Ålandsbanken Abp(ALBAV)
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