Po­hjola revises fi­nan­cial tar­gets

The Pak Banker - - Front Page -

HELSINKI

Po­hjola's Board of Di­rec­tors adopted Po­hjola Group's updated strat­egy and re­vised fi­nan­cial tar­gets. The strate­gic theme is en­ti­tled "Value and ef­fi­ciency through in­te­gra­tion".

The updated strat­egy high­lights the fol­low­ing: im­prov­ing cus­tomer ex­pe­ri­ence, seek­ing more tar­geted growth in or­der to im­prove re­turn on cap­i­tal, mak­ing more ef­fi­cient use of OP-Po­hjola Group's com­pet­i­tive ad­van­tages and strengths, im­prov­ing ef­fi­ciency and in­creas­ing cap­i­tal ad­e­quacy ra­tios.

Bank­ing will con­cen­trate on deep­en­ing cus­tomer re­la­tion­ships by fo­cus­ing growth on busi­ness and prod­ucts with high cap­i­tal ef­fi­ciency.

Non-life In­sur­ance aims to continue its suc­cess­ful cross- sell­ing and im­prove ef­fi­ciency. Within As­set Man­age­ment, the key ob­jec­tive is to raise in­vest­ment re­turns of OP Mu­tual Funds to a com­pet­i­tive level and to in­ten­sify OP-Po­hjola Group's in­te­gra­tion.

Po­hjola's mis­sion, vi­sion and core val­ues have re­mained un­changed. Po­hjola's mis­sion is to pro­mote the sus­tain­able pros­per­ity, se­cu­rity and well­be­ing of its cus­tomers.

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