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0O2N Alandsbanken Abp

14.225
0.00 (0.00%)
30 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Alandsbanken Abp LSE:0O2N London Ordinary Share FI0009001127 AALANDSBANKEN CLASS B ORD SHS
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 14.225 12.45 16.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Commercial Banks, Nec 200.86M 48.67M 3.1795 4.76 231.92M

Transfer of Swedish mortgages from Bank of Åland Plc to Borgo AB completed

11/09/2023 12:00pm

GlobeNewswire Inc.


Alandsbanken Abp (LSE:0O2N)
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Transfer of Swedish mortgages from Bank of Åland Plc to Borgo AB completed

 

Bank of Åland PlcInside informationSeptember 11, 2023, 14.00 EET

Transfer of Swedish mortgages from Bank of Åland Plc to Borgo AB completed

The previously announced second transfer of Swedish home mortgage loans from the Bank of Åland Plc (Ålandsbanken Abp) to Borgo AB was completed today. The nominal amount of the mortgage portfolio that was transferred is SEK 5.8 billion. The portfolio consists of loans mediated by ICA Banken and Söderberg & Partners Bolån. The transfer will not have any significant effect on the Bank of Åland’s earnings, but it frees up liquidity and capital.

A third transfer to Borgo of a smaller mortgage portfolio is planned to take place during 2024. 

For further information, please contact:

Peter Wiklöf, Managing Director and Chief Executive, Bank of Åland Plc, tel. +358 40 512 7505

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