Aktia's new segment structure and comparison figures
Aktia Bank Plc
Stock Exchange Release
April 30, 2019 at 3.30 p.m.
Aktia's new segment structure and comparison figures
Aktia will be reporting according to the following three business segments: Banking Business, Asset Management and Group Functions. Aktia is reporting according to the new business segments as of January 1, 2019.
In a stock exchange release on November 23, 2018, Aktia announced an organisational change as a result of Aktia’s intensified implementation of the strategy reform of 2017. The segment structure is now adjusted to correspond to the organisational change.
Aktia's new business segments
The new segment Banking Business comprises the previous segment Personal & Corporate Banking as well as Aktia’s private banking business and the banking business of institutional customers, which previously were included in the Wealth Management segment.
The new segment Asset Management comprises the previous segment Wealth Management, excluding the private banking business and the banking business of institutional customers, which from now on are included in the new Banking Business segment.
The support and staff functions, including the group’s treasury business, will still form part of the Group Functions segment.
Operations that are not reported in the business segments mentioned above are reported in Other business.
Aktia's comparison figures 2018 according to the new business segments have been enclosed to this stock exchange release. The change affects only the segment division and does not change Aktia Group’s reported results for 2018.
AKTIA BANK PLC
Further information:
Outi Henriksson, CFO, tel. +358 10 247 6236
Distribution:
Nasdaq Helsinki Ltd
Central media
www.aktia.com
Aktia provides a broad range of solutions within banking, asset management and personal insurance. Aktia operates mainly in the Finnish coastal areas and inland growth areas. Aktia’s about 370,000 customers are provided services at branch offices and online, through mobile interfaces as well as telephone services. Aktia's share is listed on Nasdaq Helsinki Ltd. For more information about Aktia see www.aktia.com