47:
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38:
1353:
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The first local cooperative credit societies were founded in 1902 and received a large loan from the
Finnish state the next year. The central organization for cooperatives was founded in 1928 as an ideological organization between local branches. As the business environment has changed and banking
361:
OP Corporate Bank's customers are large companies in
Finland. It is responsible for the Baltic business, operating as a bank for large companies and conducting financial services in Estonia, Latvia and Lithuania. In addition, OP Corporate Bank offers financial services in internationalization. OP
296:
and their central organization. "OP" stands for "osuuspankki" in
Finnish, literally meaning "cooperative bank". The financial group has over 2 million customer-owners, offering retail and commercial banking services all over Finland, as well as insurance services.
341:
In 2005 the central organization of OP Financial Group became a major shareholder of
Pohjola Bank, which made the group the largest financial services group in Finland. The remainder of the shares were acquired in 2014.
1049:
1144:
300:
In 2014 the group acquired the remainder of the shares of
Pohjola Bank and consolidated its services under the OP brand, shortening its name to OP from OP-Pohjola, a name it had used since 2007.
1554:
540:
350:
In 2014 OP announced plans to expand into the health and wellbeing market. It operated a hospital in the
Helsinki region. In 2021 it cancelled the plan and sold the hospital.
1186:
586:
330:
The company's predecessor was founded in 1891 when the fire insurance company
Palovakuutus-Osakeyhtiö Pohjola commenced its operations. Pohjola Bank was listed on the
466:
564:
1342:
989:
579:
1524:
554:
1070:
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1448:
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994:
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regulation has tightened, the central organization has increased its influence on local banks significantly.
541:"Structure of OP Financial Group and OP Corporate Bank Group - Corporate governance (OP Corporate Bank PLC)"
315:
1134:
1029:
17:
827:
1519:
1004:
1418:
999:
812:
603:
931:
331:
730:
652:
399:[OP Financial Group 's Report by the Board of Directors and Financial Statements 2017]
1102:
802:
319:
426:
483:"The list of significant supervised entities and the list of less significant institutions"
1350:
8:
870:
293:
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963:
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673:
365:
82:
807:
926:
822:
254:
46:
1160:
1034:
627:
216:
71:
756:
314:
OP has been designated as a
Significant Institution since the entry into force of
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968:
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67:
358:
OP Corporate Bank Plc is the most significant subsidiary of OP Financial Group.
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855:
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1423:
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865:
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704:
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1438:
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771:
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1308:
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1080:
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797:
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921:
751:
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1483:
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1221:
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905:
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725:
132:
37:
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in 1922, being one of the first companies to be listed in
Helsinki.
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683:
632:
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Corporate Bank also acts as the OP Financial Group's central bank.
308:
92:
56:
555:"President and CEO - Corporate governance (OP Corporate Bank PLC)"
1360:
1303:
1226:
875:
761:
735:
668:
318:
in late 2014, and as a consequence is directly supervised by the
304:
289:
128:
108:
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52:
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has been the
President and CEO of OP Corporate Bank since 2018.
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885:
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597:
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1428:
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196:
1555:
Banks under direct supervision of the European Central Bank
1468:
1408:
900:
524:
Pohjola Insurance to sell hospital chain to Pihlajalinna
120:
Timo Ritakallio (President and Group Executive Chairman)
265:
257:, Pohjola Bank, Helsingin OP Pankki, OP-Kotipankki
459:Pohjola shares removed from the book-entry system
1511:
397:"OP Ryhmän toimintakertomus ja tilinpäätös 2017"
1336:
580:
288:is one of the largest financial companies in
1343:
1329:
587:
573:
45:
303:OP's current headquarters are located in
391:
389:
387:
385:
383:
381:
277:Former OP-Pohjola Group headquarters in
272:
1525:Financial services companies of Finland
535:
533:
531:
14:
1512:
1324:
568:
378:
528:
353:
253:OP Bank Group Central Co-operative,
648:Raiffeisenlandesbank Oberösterreich
51:OP Financial Group headquarters in
24:
1287:JPMorgan Chase Bank, London Branch
1076:Banque Internationale Ă Luxembourg
25:
1566:
1351:
596:
223:
222:
203:
202:
183:
182:
163:
162:
143:
142:
36:
995:Banca Monte dei Paschi di Siena
1540:1902 establishments in Finland
1050:Raiffeisen Landesbank SĂĽdtirol
547:
517:
496:
475:
452:
440:
419:
13:
1:
1550:Cooperative banking in Europe
891:SECB Swiss Euro Clearing Bank
643:Raiffeisen Bank International
638:Oesterreichische Nationalbank
618:Bank fĂĽr Tirol und Vorarlberg
504:"List of supervised entities"
427:"OP Financial Group in brief"
371:
345:
881:Landesbank Baden-WĂĽrttemberg
449:Retrieved on 10 January 2015
316:European Banking Supervision
27:Financial company in Finland
7:
1530:Companies based in Helsinki
1030:Cassa di Risparmio di Fermo
886:Landesbank Hessen-ThĂĽringen
447:OP Financial Group in brief
10:
1571:
325:
1535:Banks established in 1902
1367:
1261:
1235:
1187:Banco Cooperativo Español
1169:
1153:
1121:
1090:
1063:
1005:Banca Popolare di Sondrio
982:
956:
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138:
124:
114:
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88:
78:
63:
44:
35:
1000:Banca Popolare del Lazio
604:Euro Banking Association
1545:Cooperatives in Finland
932:National Bank of Greece
332:Helsinki Stock Exchange
1081:Gazprombank Luxembourg
844:Bank of America Europe
653:UniCredit Bank Austria
311:, and opened in 2015.
282:
1103:De Nederlandsche Bank
803:BRED Banque Populaire
511:European Central Bank
490:European Central Bank
320:European Central Bank
292:. It consists of 180
276:
731:Sparekassen Sjælland
871:Deutsche Bundesbank
813:Crédit Mutuel Arkéa
492:. 4 September 2014.
236:Number of employees
32:
964:Allied Irish Banks
896:Standard Chartered
674:BNP Paribas Fortis
469:2016-08-21 at the
407:(in Finnish). 2017
405:OP Financial Group
366:Katja Keitaanniemi
286:OP Financial Group
283:
242:(31 December 2017)
229:(31 December 2017)
209:(31 December 2017)
83:Financial services
31:OP Financial Group
30:
1507:
1506:
1449:Orion Corporation
1318:
1317:
927:Eurobank Ergasias
823:La Banque postale
513:. 1 January 2023.
354:OP Corporate Bank
294:cooperative banks
271:
270:
255:OP Corporate Bank
243:
230:
210:
207:€137.242 billion
190:
170:
150:
16:(Redirected from
1562:
1520:Banks of Finland
1405:
1355:
1354:
1345:
1338:
1331:
1322:
1321:
1161:Bank of Slovenia
1145:CrĂ©dito AgrĂcola
1129:Banco BAI Europa
1035:Credito Emiliano
990:Banca del Fucino
828:Société Générale
628:Erste Group Bank
601:
600:
589:
582:
575:
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565:
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444:
438:
437:
435:
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417:
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393:
241:
228:
227:€11.121 billion
226:
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208:
206:
205:
199:
188:
186:
185:
168:
166:
165:
157:Operating income
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72:cooperative bank
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40:
33:
29:
21:
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1399:
1363:
1357:OMX Helsinki 25
1352:
1349:
1319:
1314:
1276:Citibank Europe
1263:
1257:
1231:
1197:Banco Santander
1165:
1149:
1117:
1086:
1059:
1045:Intesa Sanpaolo
978:
969:Bank of Ireland
952:
936:
910:
832:
808:Crédit Agricole
781:
740:
709:
688:
657:
606:
602:Members of the
595:
593:
563:
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548:
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538:
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471:Wayback Machine
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328:
237:
215:
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167:€1.077 billion
159:
147:€3.115 billion
117:
105:
59:
28:
23:
22:
15:
12:
11:
5:
1568:
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1217:Ibercaja Banco
1214:
1209:
1204:
1199:
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1192:Banco Sabadell
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1140:Banco Montepio
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856:Berenberg Bank
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726:Spar Nord Bank
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1359:companies of
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1243:Handelsbanken
1241:
1240:
1238:
1234:
1228:
1227:Unicaja Banco
1225:
1223:
1220:
1218:
1215:
1213:
1210:
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879:
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869:
867:
866:Deutsche Bank
864:
862:
859:
857:
854:
851:
850:Bank of China
848:
845:
842:
841:
839:
835:
829:
826:
824:
821:
819:
818:My Money Bank
816:
814:
811:
809:
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784:
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757:Bank of Ă…land
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750:
749:
747:
743:
737:
734:
732:
729:
727:
724:
722:
719:
718:
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712:
706:
705:Hellenic Bank
703:
701:
698:
697:
695:
691:
685:
682:
680:
677:
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187:€764 million
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137:
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39:
34:
19:
1439:Nokian Tyres
1040:ICCREA Banca
772:Pohjola Bank
549:
519:
510:
498:
489:
477:
462:
454:
442:
430:. Retrieved
421:
409:. Retrieved
404:
364:
360:
357:
349:
340:
336:
329:
313:
302:
299:
285:
284:
249:Subsidiaries
217:Total equity
197:Total assets
89:Headquarters
64:Company type
1424:Metsä Board
1400: [
1309:Wells Fargo
1293:Lloyds Bank
1091:Netherlands
1010:Banca Sella
861:Commerzbank
793:BNP Paribas
767:Nordea Bank
721:Danske Bank
104:Area served
18:Osuuspankki
1514:Categories
1474:Stora Enso
1414:Konecranes
1071:Spuerkeess
1064:Luxembourg
1025:BPER Banca
922:Alpha Bank
901:UBS Europe
752:Aktia Bank
679:bpost bank
372:References
346:Healthcare
281:, Helsinki
279:Niemenmäki
177:Net income
116:Key people
1484:Tietoevry
1454:Outokumpu
1387:Huhtamäki
1298:MUFG Bank
1282:HSBC Bank
1222:Kutxabank
1207:CaixaBank
1202:Bankinter
1135:Banco BCP
1055:UniCredit
1015:Banco BPM
906:Unicredit
266:www.op.fi
133:Insurance
1499:Wärtsilä
1459:Qt Group
1372:Cargotec
1271:Barclays
1253:Swedbank
1212:Cecabank
1154:Slovenia
1122:Portugal
1113:Rabobank
1108:ING Bank
1098:ABN AMRO
1020:BFF Bank
948:OTP Bank
762:DnB Bank
684:KBC Bank
633:Oberbank
623:BKS Bank
467:Archived
309:Helsinki
125:Products
93:Helsinki
79:Industry
57:Helsinki
1361:Finland
1304:NatWest
1264:Kingdom
957:Ireland
941:Hungary
876:DZ Bank
837:Germany
745:Finland
736:Sydbank
714:Denmark
669:Belfius
662:Belgium
611:Austria
432:30 July
411:2 March
326:History
305:Vallila
290:Finland
262:Website
240:12,269
139:Revenue
129:Banking
109:Finland
97:Finland
68:Private
53:Vallila
1494:Valmet
1444:Nordea
1397:Kojamo
1382:Fortum
1262:United
1236:Sweden
1177:Abanca
974:Elavon
915:Greece
786:France
777:S-Bank
693:Cyprus
189:(2017)
169:(2017)
149:(2017)
1479:Telia
1464:Sampo
1434:Nokia
1429:Neste
1419:Metso
1404:]
1392:Kesko
1377:Elisa
1311:(USA)
1300:(JPN)
1289:(USA)
1278:(USA)
1170:Spain
1131:(AGO)
1083:(RUS)
983:Italy
852:(CHN)
846:(USA)
507:(PDF)
486:(PDF)
463:op.fi
401:(PDF)
1469:SSAB
1409:KONE
1182:BBVA
798:BPCE
434:2021
413:2019
1489:UPM
1248:SEB
465:,
1516::
1402:fi
530:^
509:.
488:.
461:.
403:.
380:^
322:.
307:,
131:,
95:,
55:,
1344:e
1337:t
1330:v
588:e
581:t
574:v
557:.
543:.
436:.
415:.
74:)
70:(
20:)
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