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Ålandsbanken revises FY'16 net operating profit outlook

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Ålandsbanken revises FY'16 net operating profit outlook

ÅlandsbankenAbp expects net operating profit in 2016 to be about the same orlower than in 2015.

The bank previously expected roughly flat net operating profityear over year, or 2016 net operating profit of about €30.3 million. However,it revisited its guidance given fixed-income and stock market developments andupdated accounting data for the first half of the year, which saw net operatingprofit of €12.6 million.