Annual Review 2022
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Twofold operating environment in 2022
In 2022, market uncertainty made the operating environment twofold for Aktia: the banking business was strengthened, and rising interest rates supported the growth of interest income. The declining stock market, on the other hand, weighed the assets managed by the fund managers, and rising interest rates burdened the value changes in the investment portfolio of the life insurance business. Despite the difficult market environment, it was important for Aktia to continue the determined implementation of its strategy.
Aktia's strategy
Aktia’s strategy, which extends to 2025, supports Aktia’s growth objectives and guides the company towards the vision of being "the leading wealth manager bank". The growth strategy is built on offering comprehensive wealth management services through close collaboration between Aktia’s three business areas: Asset Management, Banking, and Life Insurance.
Key figures 2022
Key facts 1
254.1
mn €
254.1
-3% (263.2 milj. €)
Comparable operating income
179
mn €
179
+5% (171.1 milj. €)
Comparable operating expenses
65.2
mn €
65.2
-25 % (87.4 milj. €)
Comparable operating profit
254.1
Comparable operating income
179
Comparable operating expenses
65.2
Comparable operating profit
70
%
70
+8% (65%)
Comparable cost-to-income ratio
7.8
%
7.8
-22 % (10.0 %)
Return on equity (ROE)
10.8
%
10.8
-3 % (11.2%)
Common Equity Tier 1 capital ratio (CET1)
12.4
bn €
12.4
Balance sheet total
13.5
bn €
13.5
Customer assets under management (AuM)
70
Comparable cost-to-income ratio
7.8
Return on equity (ROE)
10.8
Common Equity Tier 1 capital ratio (CET1)
12.4
Balance sheet total
13.5
Customer assets under management (AuM)