Brief: Bank Of Åland, Borgo To Gradually Phase Out Collaboration On Service Provision
19/10/2026 10:03
BRIEF-Bank Of Åland, Borgo To Gradually Phase Out Collaboration On Service Provision Oct 19 (Reuters) - Alandsbanken Abp ALBAV.HE:
BANK OF ÅLAND AND BORGO TO GRADUALLY PHASE OUT THEIR COLLABORATION ON SERVICE PROVISION
PHASE-OUT OF SERVICES TO BEGIN IN Q4 2026 AND CONTINUE THROUGH 2027
BANK OF ÅLAND TO REMAIN DISTRIBUTOR AND SHAREHOLDER IN BORGO
AGREEMENT EXPECTED TO RESULT IN EUR 8 MILLION ONE-OFF OPERATING PROFIT IN Q4 2026
Source text: ID:nGNE3PjtPW
Further company coverage: ALBAV.HE
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com;))
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