Customer in focus, More competitive with Folksam

Helsinki, Finland, 2012-02-15 13:00 CET (GLOBE NEWSWIRE)

Aktia Plc Financial statement release 15 February 2012 at 2 p.m.

CEO Jussi Laitinen:
"Aktia's result was satisfactory and the capital adequacy improved despite the
fact that the financial crisis in Europe led to both lower growth and lower
interest rates. Through cooperation with Folksam we will be able to offer our
customers an improved and more competitive range of non-life insurance
products. And our new onlinebank will improve our customer services further.
The continuing low interest rate level makes improvement of profitability more
challenging. Thus, cost cutting has a high priority during 2012.

January-December 2011: Operating Profit EUR 47.0 (77.9) million

• Group operating profit fell to EUR 47.0 (77.9) million, and profit for the
• Earnings per share stood at EUR 0.53 (0.83).
• The Board of Directors proposes an unchanged dividend of EUR 0.30 (0.30)
• The Bank's customer base increased by 10,300 new private customers.
• Higher margins improved Net Interest Income (NII) from the bank's deposits
• Net income from life insurance increased by 38% to EUR 22.7 (16.5) million,
• The capital adequacy ratio increased to 16.2 (15.9)% and the Tier 1 capital
• Write-downs on credits and outstanding premiums decreased by 20% to EUR
• Aktia Bank plc's credit rating of A1/C/P-1 was placed under review for
• In 2012, Aktia is selling 51% of Aktia Non-Life Insurance to Folksam and
• OUTLOOK: The operating result for 2012 is expected to be lower than in 2011

October-December 2011: Operating Profit EUR 6.6 (13.5) million

• Group operating profit fell to EUR 6.6 (13.5) million, and profit for the
• Earnings per share stood at EUR 0.12 (0.14).
• Operating income was EUR 55.3 (62.0) million and operating expenses EUR
• Write-downs on credits and outstanding premiums stood at EUR 4.3 (4.3)

"Accounts Announcement 2011" is a translation of the original report in Swedish
("Bokslutskommuniké 1.1-31.12.2011"). In case of discrepancies, the Swedish
version prevails.

Press and analysts conference 15 February 2012 at 3 p.m.

Aktia's CEO Jussi Laitinen and Deputy Managing Director, CFO Stefan Björkman
present the report and answer questions. The presentation will be available at
www.aktia.fi.

The conference will be held at Aktia's Head Office, Mannerheimintie 14 A, 7th
floor.

AKTIA PLC

For more information, please contact:
Managing Director Jussi Laitinen, tel. +358 10 247 6250
Deputy Managing Director, CFO Stefan Björkman, tel. +358 10 247 6595

From:
IR Manager Anna Gabrán, tel. +358 10 247 6501, +358 40 7081807

Distribution:
Nasdaq OMX Helsinki,
mass media,
www.aktia.fi

Aktia Group provides a broad range of products within banking, insurance and
real estate agency.- Aktia operates in Finland's coastal areas and inland
growth areas. Aktia has some 400,000 customers who are served by nearly 1,400
employees at 70 branch offices and via Internet and telephone services. Aktia's
shares are listed on the list of NASDAQ OMX Helsinki Ltd. For more information
about Aktia, see www.aktia.fi.