Aktia Bank Abp Corrects Annual Review 2024

Friday, Mar 14, 2025 8:46 am ET1min read
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Aktia Bank Abp has corrected its annual review, "Annual Review 2024", which contained incorrect information about the launch of certain funds in 2024. The correction was made on page 15 of the document, which described the Kapitalförvaltning business area. The bank clarified its short-term fixed income fund offering by merging the funds Aktia Stable Yield and Aktia Short-Term Corporate Bond+, and focused on launching a European equity fund. The bank also issued four structured products and launched the Aktia Velkarahastot II fund in cooperation with Oaktree Capital Management. The corrected annual review is attached to the announcement.

Aktia Bank Abp, a leading Finnish financial services provider, has recently published its corrected annual review for 2023 [1]. The document contained incorrect information about the launch of certain funds in 2024, which has now been rectified.

The bank's Kapitalförvaltning business area, responsible for investment management, initially planned to launch Aktia Stable Yield and Aktia Short-Term Corporate Bond+ as separate short-term fixed income funds. However, the bank has since merged these funds and focused on launching a European equity fund instead [1].

Apart from the European equity fund, Aktia has issued four structured products and launched the Aktia Velkarahastot II fund in collaboration with Oaktree Capital Management [1][3]. These moves demonstrate the bank's continued commitment to expanding its investment offerings and catering to diverse client needs.

Aktia's annual review, which includes the report by the Board of Directors, financial statements, corporate governance report, and remuneration report, is available on the company's website [1]. The report by the Board of Directors, financial statements, corporate governance report, and remuneration report are available in Finnish, Swedish, and English, while the annual review and Pillar III Report are available in English [3].

Investors interested in learning more about Aktia's financial performance and future plans can contact the bank's Investor Relations team at [2].

References:
[1] Aktia Bank Abp. (2023, March 13). Annual review 2023. Retrieved from https://www.aktia.com/en/investors/reports-and-presentations/year/2023
[2] Aktia Bank Abp. (n.d.). Investors contacts. Retrieved from https://www.aktia.com/en/investors
[3] Aktia Bank Plc. (2025, March 13). Aktia's Annual Report 2024 published. Stock Exchange Release. Retrieved from https://via.ritzau.dk/pressemeddelelse/14305676/aktia-bank-plc?lang=en

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