Business Services Industry
OKO Bank reports pre-tax profit of EUR271m for 2005
Nordic Business Report, Feb 17, 2006
NORDIC BUSINESS REPORT-17 February 2006-OKO Bank reports pre-tax profit of EUR271m for 2005(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com
Finnish commercial bank OKO Bank, part of the financial group OP Bank Group, reported on Friday (17 February) a pre-tax profit of EUR271m for the financial year January-December 2005, an increase from EUR108m in 2004.
Total income for the 12-month period increased from EUR271m to EUR360m.
Earnings per share (EPS) in 2005 increased to EUR1.96 from EUR0.86 in 2004. The company's board of directors would propose a dividend of EUR0.60 for Series A shares and EUR0.57 for Series K shares.
One euro (EUR) is worth approximately 0.68 British pounds (GBP).
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