Bank of Åland Plc reported consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported net interest income of EUR 9.4 million against EUR 11.5 million a year ago. Total income was EUR 27.1 million against EUR 23.3 million a year ago. Profit before impairment losses was EUR 4.1 million against loss before impairment losses of EUR 0.3 million a year ago. Net operating profit was EUR 2.6 million against net operating loss of EUR 1.2 million a year ago. Profit for the period attributable to shareholders of the company was EUR 1.9 million or EUR 0.13 per share against net loss attributable to shareholders of the company of EUR 0.9 million or EUR 0.05 per share a year ago. Return on equity after taxes, was 4.4% against negative return on equity after taxes of 1.7% a year ago.

The Annual General Meeting of Bank of Åland Plc was held on April 18, 2013. At the meeting, the shareholders approved the appointment of Kpmg Oy Ab as Authorised Public Accountants.

The Annual General Meeting of Bank of Åland Plc was held on 18 April 2013. At the meeting section 2 of the Articles of Association is being amended in such a way that the references to laws in the field of operations described therein is consistent with the legislation now in force, since the Act on Investment Firms (922/2007) has been superseded by the Act on Investment Services (747/2012).