{"id":47975,"date":"2020-07-17T17:12:00","date_gmt":"2020-07-17T17:12:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2658641"},"modified":"2020-07-17T17:12:00","modified_gmt":"2020-07-17T17:12:00","slug":"bank-of-aland-plc-half-year-financial-report-for-the-period-january-june-2020","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/07\/17\/bank-of-aland-plc-half-year-financial-report-for-the-period-january-june-2020\/","title":{"rendered":"Bank of \u00c5land Plc: Half-Year Financial Report for the period January \u2013 June 2020"},"content":{"rendered":"

\"\"<\/p>\n

Bank of Åland Plc
Half-Year Financial Report
July 17, 2020 9:00 am<\/p>\n

 <\/p>\n

Half-Year Financial Report for the period January – June 2020<\/strong><\/p>\n

“Looking at net operating profit, the second quarter (EUR 9.8 M) was the best we have ever achieved.<\/p>\n

“Our operating profit before impairment losses − which largely consist of provisions for possible future coronavirus effects − was 40 per cent better than in the first half of last year. We achieved this through a clearly higher income level, in which our Swedish operations made especially great progress.<\/p>\n

“We are not yet seeing any rising levels of non-performing loans due to the pandemic, but we expect its negative impact to be more clearly visible this coming winter.”<\/p>\n

Peter Wiklöf, Managing Director and Chief Executive<\/em><\/p>\n

January – June 2020 compared to January – June 2019<\/strong><\/p>\n

• Net operating profit increased by 15 per cent to EUR 16.7 M (14.5).<\/p>\n

• Profit for the period attributable to shareholders rose by 14 per cent to EUR 13.2 M (11.5).<\/p>\n

• Net interest income increased by 10 per cent to EUR 29.3 M (26.5).<\/p>\n

• Net commission income increased by 17 per cent to EUR 32.6 M (27.9).<\/p>\n

• Total expenses increased by 7 per cent to EUR 53.0 M (49.4).<\/p>\n

• Net impairment losses on financial assets (including recoveries) totalled EUR 4.6 M (0.6), equivalent to a loan loss level of 0.22 (0.03) per cent.<\/p>\n

• Return on equity after taxes (ROE) increased to 10.1 (9.6) per cent.<\/p>\n

• Earnings per share increased by 14 per cent to EUR 0.85 (0.74).<\/p>\n

• The common equity Tier 1 ratio increased to 14.5 per cent (13.4 on December 31, 2019).<\/p>\n

• Future outlook: Due to low visibility and high volatility in the market, until further notice the Bank of Åland has decided to refrain from issuing any outlook for 2020.<\/p>\n

The second quarter of 2020 compared to the second quarter of 2019<\/strong><\/p>\n

• Net operating profit increased by 12 per cent to EUR 9.8 M (8.7).<\/p>\n

• Profit for the period attributable to shareholders rose by 12 per cent to EUR 7.8 M (6.9).<\/p>\n

• Net interest income increased by 11 per cent to EUR 14.8 M (13.4).<\/p>\n

• Net commission income increased by 14 per cent to EUR 15.7 M (13.8).<\/p>\n

• Total expenses increased by 10 per cent to EUR 25.8 M (23.4).<\/p>\n

• Net impairment losses on financial assets (including recoveries) totalled EUR 0.8 M (0.2), equivalent to a loan loss level of 0.08 (0.01) per cent.<\/p>\n

• Return on equity after taxes (ROE) increased to 11.8 (11.5) per cent.<\/p>\n

• Earnings per share increased by 11 per cent to EUR 0.50 (0.45).<\/p>\n

Financial summary<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Group<\/strong><\/td>\nQ1<\/strong>
2020<\/strong><\/td>\n		Q1<\/strong>
2020<\/strong><\/td>\n		 %<\/strong><\/td>\nQ2<\/strong>
2019<\/strong><\/td>\n		 %<\/strong><\/td>\nJan-Jun<\/strong>
2020<\/strong><\/td>\n		Jan-Jun<\/strong>
2019<\/strong><\/td>\n		%<\/strong><\/td>\n<\/tr>\n
EUR M<\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Income <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Net interest income<\/td>\n14.8<\/td>\n14.5<\/td>\n3<\/td>\n13.4<\/td>\n11<\/td>\n29.3<\/td>\n26.5<\/td>\n10<\/td>\n<\/tr>\n
Net commission income<\/td>\n15.7<\/td>\n16.9<\/td>\n-7<\/td>\n13.8<\/td>\n14<\/td>\n32.6<\/td>\n27.9<\/td>\n17<\/td>\n<\/tr>\n
Net income from financial items at fair value<\/td>\n0.0<\/td>\n0.7<\/td>\n-94<\/td>\n0.8<\/td>\n-94<\/td>\n0.8<\/td>\n1.2<\/td>\n-33<\/td>\n<\/tr>\n
Other income<\/td>\n5.7<\/td>\n5.8<\/td>\n0<\/td>\n4.3<\/td>\n33<\/td>\n11.5<\/td>\n8.9<\/td>\n29<\/td>\n<\/tr>\n
Total income<\/strong><\/td>\n36.3<\/strong><\/td>\n37.9<\/strong><\/td>\n-4<\/strong><\/td>\n32.3<\/strong><\/td>\n12<\/strong><\/td>\n74.2<\/strong><\/td>\n64.6<\/strong><\/td>\n15<\/strong><\/td>\n<\/tr>\n
 <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Staff costs<\/td>\n-15.6<\/td>\n-15.2<\/td>\n3<\/td>\n-14.5<\/td>\n7<\/td>\n-30.7<\/td>\n-29.0<\/td>\n6<\/td>\n<\/tr>\n
Other expences<\/td>\n-7.1<\/td>\n-9.0<\/td>\n-21<\/td>\n-6.0<\/td>\n18<\/td>\n-16.1<\/td>\n-14.8<\/td>\n9<\/td>\n<\/tr>\n
Depreciation\/amortisation<\/td>\n-3.1<\/td>\n-3.1<\/td>\n-1<\/td>\n-2.8<\/td>\n8<\/td>\n-6.1<\/td>\n-5.7<\/td>\n8<\/td>\n<\/tr>\n
Total expenses<\/strong><\/td>\n-25.8<\/strong><\/td>\n-27.2<\/strong><\/td>\n-5<\/strong><\/td>\n-23.4<\/strong><\/td>\n10<\/strong><\/td>\n-53.0<\/strong><\/td>\n-49.4<\/strong><\/td>\n7<\/strong><\/td>\n<\/tr>\n
 <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Profit before impairment losses<\/strong><\/td>\n10.6<\/strong><\/td>\n10.7<\/strong><\/td>\n-2<\/strong><\/td>\n8.9<\/strong><\/td>\n19<\/strong><\/td>\n21.3<\/strong><\/td>\n15.1<\/strong><\/td>\n40<\/strong><\/td>\n<\/tr>\n
 <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Impairment losses on financial assets, net<\/td>\n-0.8<\/td>\n-3.8<\/td>\n-79<\/td>\n-0.2<\/td>\n <\/td>\n-4.6<\/td>\n-0.6<\/td>\n <\/td>\n<\/tr>\n
Net operating profit<\/strong><\/td>\n9.8<\/strong><\/td>\n6.9<\/strong><\/td>\n41<\/strong><\/td>\n8.7<\/strong><\/td>\n12<\/strong><\/td>\n16.7<\/strong><\/td>\n14.5<\/strong><\/td>\n15<\/strong><\/td>\n<\/tr>\n
 <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Income taxes<\/td>\n-2.0<\/td>\n-1.5<\/td>\n34<\/td>\n-1.8<\/td>\n13<\/td>\n-3.5<\/td>\n-3.0<\/td>\n17<\/td>\n<\/tr>\n
Profit for the report period<\/strong><\/td>\n7.8<\/strong><\/td>\n5.4<\/strong><\/td>\n43<\/strong><\/td>\n6.9<\/strong><\/td>\n12<\/strong><\/td>\n13.2<\/strong><\/td>\n11.5<\/strong><\/td>\n14<\/strong><\/td>\n<\/tr>\n
Attributable to:<\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Shareholders in Bank of Åland Plc<\/strong><\/td>\n7.8<\/strong><\/td>\n5.4<\/strong><\/td>\n43<\/strong><\/td>\n6.9<\/strong><\/td>\n12<\/strong><\/td>\n13.2<\/strong><\/td>\n11.5<\/strong><\/td>\n14<\/strong><\/td>\n<\/tr>\n
 <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Volume<\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Receivables from the public and public sector<\/td>\n4,188<\/td>\n4,076<\/td>\n3<\/td>\n4,001<\/td>\n5<\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Deposits from the public and public sector<\/td>\n3,459<\/td>\n3,409<\/td>\n1<\/td>\n3,225<\/td>\n7<\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Actively managed assets 1<\/sup><\/td>\n6,107<\/td>\n5,431<\/td>\n12<\/td>\n5,651<\/td>\n8<\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Equity capital<\/td>\n271<\/td>\n258<\/td>\n5<\/td>\n242<\/td>\n12<\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Balance sheet total<\/td>\n5,708<\/td>\n5,599<\/td>\n2<\/td>\n5,514<\/td>\n4<\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Risk exposure amount<\/td>\n1,661<\/td>\n1,589<\/td>\n5<\/td>\n1,577<\/td>\n5<\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
 <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Financial ratios<\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Return on equity after taxes, % (ROE) 2<\/sup><\/td>\n11.8<\/td>\n8.4<\/td>\n <\/td>\n11.5<\/td>\n <\/td>\n10.1<\/td>\n9.6<\/td>\n <\/td>\n<\/tr>\n
Return on equity after taxes, % (ROE),
moving 12-month avarage to end of report period<\/td>\n		11.0<\/td>\n10.9<\/td>\n <\/td>\n10.0<\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Expence\/income ratio 3<\/sup><\/td>\n0.71<\/td>\n0.72<\/td>\n <\/td>\n0.72<\/td>\n <\/td>\n0.71<\/td>\n0.77<\/td>\n <\/td>\n<\/tr>\n
Loan loss level, % 4<\/sup><\/td>\n0.08<\/td>\n0.37<\/td>\n <\/td>\n0.01<\/td>\n <\/td>\n0.22<\/td>\n0.03<\/td>\n <\/td>\n<\/tr>\n
Liquidity coverage ratio (LCR), % 5<\/sup><\/td>\n142<\/td>\n146<\/td>\n <\/td>\n165<\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Loan\/deposit ratio, % 6<\/sup><\/td>\n121<\/td>\n120<\/td>\n <\/td>\n124<\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Core funding ratio, % 7<\/sup><\/td>\n95<\/td>\n89<\/td>\n <\/td>\n89<\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Equity\/assets ratio, % 8<\/sup><\/td>\n4.8<\/td>\n4.6<\/td>\n <\/td>\n4.4<\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Common equtiy Tier 1 capital ratio, % 9<\/sup><\/td>\n14.48<\/td>\n14.40<\/td>\n <\/td>\n13.30<\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Earnings per share, EUR 10<\/sup><\/td>\n0.50<\/td>\n0.35<\/td>\n42<\/td>\n0.45<\/td>\n11<\/td>\n0.85<\/td>\n0.74<\/td>\n14<\/td>\n<\/tr>\n
Earnings per share after dilution, EUR<\/td>\n0.50<\/td>\n0.35<\/td>\n42<\/td>\n0.45<\/td>\n12<\/td>\n0.85<\/td>\n0.74<\/td>\n14<\/td>\n<\/tr>\n
Earnings per share, EUR, moving 12-month average to the end of report period<\/td>\n1.80<\/td>\n1.75<\/td>\n3<\/td>\n1.54<\/td>\n17<\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Equity capital per share, EUR 11<\/sup><\/td>\n17.41<\/td>\n16.54<\/td>\n5<\/td>\n15.59<\/td>\n12<\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Equity capital per share after dilution, EUR<\/td>\n17.41<\/td>\n16.54<\/td>\n5<\/td>\n15.54<\/td>\n12<\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Market price per Series A share, EUR<\/td>\n17.30<\/td>\n17.00<\/td>\n2<\/td>\n14.60<\/td>\n18<\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Market price per Series B share, EUR<\/td>\n16.85<\/td>\n15.70<\/td>\n7<\/td>\n14.55<\/td>\n16<\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Number of shares outstanding, 000s<\/td>\n15,586<\/td>\n15,586<\/td>\n0<\/td>\n15,525<\/td>\n0<\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Number of shares outstanding, after dilution, 000s<\/td>\n15,599<\/td>\n15,600<\/td>\n0<\/td>\n15,595<\/td>\n0<\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
Working hours re-calculated to full-time equivalent positions<\/td>\n744<\/td>\n720<\/td>\n3<\/td>\n702<\/td>\n6<\/td>\n734<\/td>\n694<\/td>\n6<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

1 Actively managed assets encompassed managed assets in the Group’s own mutual funds, as well as discretionary and advisory securities volume
2 Profit for the report period attributable to shareholders \/ Average shareholders´portion of equity capital
3 Expenses \/ Income
4 Impairment losses on loan portfolio and other commitments \/ Lending to the public at the beginning of the period
5 Liquidity coverage ratio (LCR) = liquid assets, level 1 and 2 \/ 30-day net outflow
6 Receivables from the public and public sector \/ Deposits from the public and public sector
7 Receivables from the public and public sector \/ Deposits including certificates of deposit, index bonds and debentures issued to the public and public sector plus covered bonds issued
8 Equity capital \/ Balance sheet total 
9 Common equity Tier 1 capital \/ Risk exposure amount
10 Shareholders’ portion of earnings for the period \/ Avarage number of shares
11 Shareholders’ portion of equity capital \/ Number of shares on closing day<\/p>\n

The Bank of Åland (Ålandsbanken) follows the disclosure procedure stipulated in “Disclosure obligation of the issuer (7\/2013)”, published by the Finnish Financial Supervisory Authority and hereby publishes its Half-Year Financial Report for the period January – June 2020, which is enclosed with this stock exchange release. The Bank`s Half-Year Financial Report for the period January – June 2020 is attached to this release in PDF format and is also available on the company’s web site at https:\/\/www.alandsbanken.com\/uploads\/pdf\/result\/en_resultat_jan-jun_20.pdf<\/p>\n

Mariehamn, July 17, 2020<\/p>\n

THE BOARD OF DIRECTORS<\/p>\n

For more information please contact:<\/p>\n

Peter Wiklöf, Managing Director and Chief Executive, Bank of Åland Plc, tel. + 358 (0)40 512 7505<\/p>\n

\n

See Campaign: <\/strong>http:\/\/www.alandsbanken.com<\/a>
Contact Information:<\/b>
Peter Wiklf, Managing Director and Chief Executive, Bank of land Plc, tel. + 358 (0)40 512 7505<\/p>\n

Tags:<\/b>
<\/a>, Wire<\/a>, Disclosure Newswire<\/a>, United States<\/a>, English<\/a><\/p>\n

\"image\"<\/div>\n

\n

Contact Information:<\/h3>\n

Peter Wikl\u00f6f, Managing Director and Chief Executive, Bank of \u00c5land Plc, tel. + 358 (0)40 512 7505<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\"\"Bank of Åland PlcHalf-Year Financial ReportJuly 17, 2020 9:00 am   Half-Year Financial Report for the period January – June 2020 “Looking at net operating profit, the second quarter (EUR 9.8 M) was the best we have ever achieved. “Our operating profit before impairment losses − which largely consist of provisions for possible future coronavirus … Continue reading Bank of Åland Plc: Half-Year Financial Report for the period January – June 2020<\/span><\/a> Continue Reading →<\/span><\/a><\/p>\n","protected":false},"author":46,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56,3,22,54],"tags":[],"class_list":["post-47975","post","type-post","status-publish","format-standard","hentry","category-disclosure-newswire","category-english","category-united-states","category-wire"],"yoast_head":"\nBank of \u00c5land Plc: Half-Year Financial Report for the period January \u2013 June 2020 - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ipsnews.net\/business\/2020\/07\/17\/bank-of-aland-plc-half-year-financial-report-for-the-period-january-june-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bank of \u00c5land Plc: Half-Year Financial Report for the period January \u2013 June 2020 - Business\" \/>\n<meta property=\"og:description\" content=\"Bank of Åland PlcHalf-Year Financial ReportJuly 17, 2020 9:00 am   Half-Year Financial Report for the period January – June 2020 “Looking at net operating profit, the second quarter (EUR 9.8 M) was the best we have ever achieved. “Our operating profit before impairment losses − which largely consist of provisions for possible future coronavirus … Continue reading Bank of Åland Plc: Half-Year Financial Report for the period January – June 2020 Continue Reading →\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ipsnews.net\/business\/2020\/07\/17\/bank-of-aland-plc-half-year-financial-report-for-the-period-january-june-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"Business\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-17T17:12:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/06\/4000-logo.jpg\" \/>\n<meta name=\"author\" content=\"Asiya\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Asiya\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ipsnews.net\/business\/2020\/07\/17\/bank-of-aland-plc-half-year-financial-report-for-the-period-january-june-2020\/\",\"url\":\"https:\/\/ipsnews.net\/business\/2020\/07\/17\/bank-of-aland-plc-half-year-financial-report-for-the-period-january-june-2020\/\",\"name\":\"Bank of \u00c5land Plc: Half-Year Financial Report for the period January \u2013 June 2020 - Business\",\"isPartOf\":{\"@id\":\"https:\/\/ipsnews.net\/business\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ipsnews.net\/business\/2020\/07\/17\/bank-of-aland-plc-half-year-financial-report-for-the-period-january-june-2020\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ipsnews.net\/business\/2020\/07\/17\/bank-of-aland-plc-half-year-financial-report-for-the-period-january-june-2020\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/06\/4000-logo.jpg\",\"datePublished\":\"2020-07-17T17:12:00+00:00\",\"author\":{\"@id\":\"https:\/\/ipsnews.net\/business\/#\/schema\/person\/3a37b5ed16b9ebaf70290330c45a2e37\"},\"breadcrumb\":{\"@id\":\"https:\/\/ipsnews.net\/business\/2020\/07\/17\/bank-of-aland-plc-half-year-financial-report-for-the-period-january-june-2020\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ipsnews.net\/business\/2020\/07\/17\/bank-of-aland-plc-half-year-financial-report-for-the-period-january-june-2020\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ipsnews.net\/business\/2020\/07\/17\/bank-of-aland-plc-half-year-financial-report-for-the-period-january-june-2020\/#primaryimage\",\"url\":\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/06\/4000-logo.jpg\",\"contentUrl\":\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/06\/4000-logo.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ipsnews.net\/business\/2020\/07\/17\/bank-of-aland-plc-half-year-financial-report-for-the-period-january-june-2020\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ipsnews.net\/business\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bank of \u00c5land Plc: Half-Year Financial Report for the period January \u2013 June 2020\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ipsnews.net\/business\/#website\",\"url\":\"https:\/\/ipsnews.net\/business\/\",\"name\":\"Business\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ipsnews.net\/business\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/ipsnews.net\/business\/#\/schema\/person\/3a37b5ed16b9ebaf70290330c45a2e37\",\"name\":\"Asiya\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ipsnews.net\/business\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d4d7dcc41e3f5a5cad4cf78eca935d2f4c65cc9a91e376789d357e29806bcb91?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d4d7dcc41e3f5a5cad4cf78eca935d2f4c65cc9a91e376789d357e29806bcb91?s=96&d=mm&r=g\",\"caption\":\"Asiya\"},\"sameAs\":[\"https:\/\/icrowdnewswire.com\/fc\"],\"url\":\"https:\/\/ipsnews.net\/business\/author\/asiya\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Bank of \u00c5land Plc: Half-Year Financial Report for the period January \u2013 June 2020 - Business","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ipsnews.net\/business\/2020\/07\/17\/bank-of-aland-plc-half-year-financial-report-for-the-period-january-june-2020\/","og_locale":"en_US","og_type":"article","og_title":"Bank of \u00c5land Plc: Half-Year Financial Report for the period January \u2013 June 2020 - Business","og_description":"Bank of Åland PlcHalf-Year Financial ReportJuly 17, 2020 9:00 am   Half-Year Financial Report for the period January – June 2020 “Looking at net operating profit, the second quarter (EUR 9.8 M) was the best we have ever achieved. “Our operating profit before impairment losses − which largely consist of provisions for possible future coronavirus … Continue reading Bank of Åland Plc: Half-Year Financial Report for the period January – June 2020 Continue Reading →","og_url":"https:\/\/ipsnews.net\/business\/2020\/07\/17\/bank-of-aland-plc-half-year-financial-report-for-the-period-january-june-2020\/","og_site_name":"Business","article_published_time":"2020-07-17T17:12:00+00:00","og_image":[{"url":"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/06\/4000-logo.jpg","type":"","width":"","height":""}],"author":"Asiya","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Asiya","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/ipsnews.net\/business\/2020\/07\/17\/bank-of-aland-plc-half-year-financial-report-for-the-period-january-june-2020\/","url":"https:\/\/ipsnews.net\/business\/2020\/07\/17\/bank-of-aland-plc-half-year-financial-report-for-the-period-january-june-2020\/","name":"Bank of \u00c5land Plc: Half-Year Financial Report for the period January \u2013 June 2020 - Business","isPartOf":{"@id":"https:\/\/ipsnews.net\/business\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ipsnews.net\/business\/2020\/07\/17\/bank-of-aland-plc-half-year-financial-report-for-the-period-january-june-2020\/#primaryimage"},"image":{"@id":"https:\/\/ipsnews.net\/business\/2020\/07\/17\/bank-of-aland-plc-half-year-financial-report-for-the-period-january-june-2020\/#primaryimage"},"thumbnailUrl":"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/06\/4000-logo.jpg","datePublished":"2020-07-17T17:12:00+00:00","author":{"@id":"https:\/\/ipsnews.net\/business\/#\/schema\/person\/3a37b5ed16b9ebaf70290330c45a2e37"},"breadcrumb":{"@id":"https:\/\/ipsnews.net\/business\/2020\/07\/17\/bank-of-aland-plc-half-year-financial-report-for-the-period-january-june-2020\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ipsnews.net\/business\/2020\/07\/17\/bank-of-aland-plc-half-year-financial-report-for-the-period-january-june-2020\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ipsnews.net\/business\/2020\/07\/17\/bank-of-aland-plc-half-year-financial-report-for-the-period-january-june-2020\/#primaryimage","url":"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/06\/4000-logo.jpg","contentUrl":"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/06\/4000-logo.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/ipsnews.net\/business\/2020\/07\/17\/bank-of-aland-plc-half-year-financial-report-for-the-period-january-june-2020\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ipsnews.net\/business\/"},{"@type":"ListItem","position":2,"name":"Bank of \u00c5land Plc: Half-Year Financial Report for the period January \u2013 June 2020"}]},{"@type":"WebSite","@id":"https:\/\/ipsnews.net\/business\/#website","url":"https:\/\/ipsnews.net\/business\/","name":"Business","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ipsnews.net\/business\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/ipsnews.net\/business\/#\/schema\/person\/3a37b5ed16b9ebaf70290330c45a2e37","name":"Asiya","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ipsnews.net\/business\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d4d7dcc41e3f5a5cad4cf78eca935d2f4c65cc9a91e376789d357e29806bcb91?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d4d7dcc41e3f5a5cad4cf78eca935d2f4c65cc9a91e376789d357e29806bcb91?s=96&d=mm&r=g","caption":"Asiya"},"sameAs":["https:\/\/icrowdnewswire.com\/fc"],"url":"https:\/\/ipsnews.net\/business\/author\/asiya\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/posts\/47975","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/users\/46"}],"replies":[{"embeddable":true,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/comments?post=47975"}],"version-history":[{"count":0,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/posts\/47975\/revisions"}],"wp:attachment":[{"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/media?parent=47975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/categories?post=47975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/tags?post=47975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}