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OP Corporate Bank Plc is the most significant subsidiary of OP Financial Group. [8] 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. [8] In addition, OP Corporate Bank offers ...
Katja Keitaanniemi (born 1973) is the CEO of OP Corporate Bank, which is the most significant subsidiary of OP Financial Group.According to Corporate Finance Institute, OP Corporate Bank is among the top corporate banks in Finland. [5]
The Finnish Local Cooperative Bank Group consists of 42 independent co-operative banks, each operating in its own region. The group was established in 1997 to enable the member banks to continue operating independently as the other co-operative bank group in Finland was seen as too centrally administered. [5]
Location of Finland. Finland is a sovereign state in Northern Europe.It was a relative latecomer to industrialization, remaining a largely agrarian country until the 1950s. It rapidly developed an advanced economy while building an extensive Nordic-style welfare state, resulting in widespread prosperity and one of the highest per capita incomes in the world. [1]
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Co-operative Financial Services was formed as a holding company to bring these financial subsidiaries together under one umbrella society and to enable synergies between the businesses to be exploited. Following the Co-operative Bank's financial crisis in 2013, the group sold a majority of shares in the business, retaining a 20% stake. [2]
Aktia Bank Plc is a Finnish asset manager, bank and life insurer with offices in the Helsinki, Turku, Tampere, Vaasa and Oulu regions. [3] Aktia has three business areas: Banking, Asset Management and Life Insurance. Aktia has three reporting business segments: Banking Business, Asset Management and Group Functions. [4]