Correction: OP Corporate Bank plc's financial targets updated. Correction: OP Corporate Bank plc's financial targets updated
The table below shows the corrected table in its entirety. Only the dividend payout ratio target has been corrected; other information has remained unchanged.
Indicator Target CET1 ratio, % 15 Return on economic capital, % 22 Expenses of present-day business, EUR Expenses in 2019 lower than in 2015 million Dividend payout ratio, % 50 Customer experience, NPS (-100- 100) 70, over time 90
OP Corporate Bank plc Carina Geber-Teir Executive Vice President, Corporate Communications
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OP Corporate Bank plc is part of the leading Finnish customer-owned financial services group, OP Financial Group. OP Corporate Bank and OP Mortgage Bank are responsible for OP's funding in money and capital markets. As laid down in the applicable law, OP Corporate Bank, OP Mortgage Bank and their parent company OP Cooperative and other OP Financial Group member credit institutions are ultimately jointly and severally liable for each other's debts and commitments. OP Corporate Bank acts as OP's central bank.
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients. The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein. Source: OP Yrityspankki Oyj via GlobeNewswire