Ålandsbanken Abp

Interest Rate Update/Notice • Oct 15, 2024

Bank of Åland Plc to decrease prime rate

Bank of Åland Plc to decrease prime rate

Bank of Åland Plc

Stock exchange release

October 15, 2024, 14.00 EET

Bank of Åland Plc to decrease prime rate

The Bank of Åland Plc (Ålandsbanken Abp) has decided to decrease its prime rate by 0.35 percentage points, from 3.25 per cent to 2.90 per cent. The basis for this decision is decreasing market interest rates. The change goes into effect on October 29, 2024.

Bank of Åland Plc

For further information, please contact:

Peter Wiklöf, Managing Director and Chief Executive, Bank of Åland Plc, tel +358 40 512 7505