Ålandsbanken Abp (ALBBV.HE)
Ålandsbanken Abp operates in the Banks - Regional industry of the Financial Services sector, headquartered in Mariehamn, AX, FI. The stock last traded at $43.30, up 0.46% on the session, giving a market capitalisation of $667.3M. Its beta of 0.28 implies it has historically moved less than the broad market.
Ålandsbanken Abp functions as a commercial banking institution, serving clients across Finland and Sweden. The bank provides a variety of deposit options, including savings and time accounts, cash accounts tied to securities, and certificates of deposit. For private individuals, financing solutions range from home mortgages and loans secured by securities to credit for business operations and general household purposes. Furthermore, it extends credit facilities to corporations, public sector bodies, and various household interest organizations. The company also issues credit and debit cards and earns revenue from lending and guarantee commissions. Its investment services encompass discretionary and advisory asset management, comprehensive fund management, and securities brokerage. Additionally, Ålandsbanken offers fundamental banking services such as cashier functions, payment processing, and secure bank safety deposit boxes. A distinct offering is its provision of banking computer systems tailored for small and medium-sized banks. Operating through 11 branches, Ålandsbanken Abp was founded in 1919 and maintains its headquarters in Mariehamn, Finland.
Ålandsbanken Abp is most often compared with the following Financial Services names: