Bank of Åland Plc to cut prime rate

Core Point - The Bank of Åland Plc has decided to decrease its prime rate by 0.25 percentage points, from 2.50% to 2.25%, effective May 16, 2025, due to falling market interest rates [1]. Group 1 - The prime rate cut reflects the bank's response to the current market conditions [1]. - The new prime rate will be implemented on May 16, 2025 [1].