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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 ...
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]
The previous edition is ISO 9362:2009 (dated 2009-10-01). The SWIFT code is 8 or 11 characters, made up of: 4 letters: institution code or bank code. 2 letters: ISO 3166-1 alpha-2 country code (exceptionally, SWIFT has assigned the code XK to Republic of Kosovo, which does not have an ISO 3166-1 country code) 2 letters or digits: location code
The Industry Sorting Code Directory (ISCD) is the definitive list of bank branches and sub branches in the United Kingdom. The directory is maintained by VocaLink on behalf of UK Payments Administration (formally APACS ).
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]
Kuntarahoitus Oyj, variously branded Municipal Finance [1]: 13 or Municipality Finance [2] or MuniFin [3] in English, is a public financial institution in Finland and the country's third-largest credit institution by total assets, [4]: 3 behind Nordea and OP. Kuntarahoitus plays a central role in financing local government in Finland.
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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]