List of banks in Finland

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The following list of banks in Finland is to be understood within the framework of the European single market and European banking union, which means that the Finnish banking system is more open to cross-border banking operations than peers outside of the EU.

Policy framework

European banking supervision distinguishes between significant institutions (SIs) and less significant institutions (LSIs), with SI/LSI designations updated regularly by the European Central Bank (ECB). Significant institutions are directly supervised by the ECB using joint supervisory teams that involve the national competent authorities (NCAs) of individual participating countries. Less significant institutions are supervised by the relevant NCA on a day-to-day basis, under the supervisory oversight of the ECB. In Finland's case, the NCA is the Finnish Financial Supervisory Authority.

Significant institutions

As of 1 September 2025, the ECB had four Finnish banking groups in its list of significant institutions:

  • the Finnish branch of Danske Bank
  • Kuntarahoitus, a public bank
  • Nordea
  • OP Financial Group, a cooperative banking group

A study published in 2024 assessed that of these, OP had the largest volume of assets in Finland (€160 billion at end-2023), followed by Nordea (€137 billion), then Danske Bank (€50.6 billion) and Kuntarahoitus (€49.7 billion). Among SIs based in other euro area countries, Rabobank also operates in Finland via a subsidiary.

Less significant institutions

As of 1 September 2025, the ECB's list of supervised institutions included 68 Finnish LSIs, three of which were designated by the ECB as "high-impact" on the basis of several criteria including size:

  • Aktia Bank Abp, originally a savings bank established in 1825
  • Säästöpankkiliitto (fi), central entity of the Säästöpankkiryhmä (fi) group of 14 independent savings banks
  • S-Pankki Oy, a cooperative bank

The other 65 Finnish SIs divided into three groups, as follows.

Local cooperative and savings banks

The September 2025 list included 22 cooperative banks (Finnish: Osuuspankki and POP) and 16 savings banks (Finnish: Säästöpankki, Swedish: Sparbank).

  • Aito Säästöpankki (fi)
  • Avain Säästöpankki
  • Bonum Pankki (fi), owned by POP banks
  • Ekenäs Sparbank (fi)
  • Helmi Säästöpankki Oy
  • Hetki Osuuspankki
  • Honkajoen Osuuspankki
  • Isojoen Osuuspankki
  • Järvi-Suomen Osuuspankki
  • Kannonkosken Osuuspankki
  • Konneveden Osuuspankki
  • Kosken Osuuspankki
  • Kurikan Osuuspankki
  • Kvevlax Sparbank (fi)
  • Kyrön Seudun Osuuspankki
  • Kyyjärven Osuuspankki
  • Lakeuden Osuuspankki
  • Lammin Osuuspankki
  • Lammin Säästöpankki
  • Lanneveden Osuuspankki
  • Länsi-Uudenmaan Säästöpankki (fi)
  • Lappajärven Osuuspankki (fi)
  • Lavian Osuuspankki
  • Myrskylän Säästöpankki
  • Närpes Sparbank ab
  • Nivalan Järvikylän Osuuspankki (fi)
  • Nooa Säästöpankki (fi)
  • Oma Säästöpankki (fi)
  • Pohjanmaan Osuuspankki
  • POP Asuntoluottopankki Oyj
  • POP Pankkikeskus osk
  • Säästöpankki Kalanti-Pyhäranta
  • Säästöpankki Optia Oy
  • Säästöpankki Sinetti
  • Säästöpankkien Keskuspankki (fi)
  • Someron Säästöpankki (fi)
  • SP-Kiinnitysluottopankki Oyj
  • Suupohjan Osuuspankki

Foreign branches

22 Finnish LSIs in the list were branches, mostly of Swedish entities:

  • Finnish branch of Avida Finans AB
  • Finnish branch of Brocc Finance AB
  • Finnish branch of Collector Bank AB
  • Finnish branch of DNB Bank ASA
    • Finnish branch of DNB Carnegie Investment Bank AB
  • Finnish branch of Ecster AB
  • Finnish branch of Enity Bank Group AB
  • Finnish branch of Ikano Bank AB
  • Finnish branch of Nordnet
  • Finnish branch of Northmill Bank AB (sv)
  • Finnish branch of PayEx Sverige AB
  • Finnish branch of Resurs Bank AB (sv)
  • Finnish branch of Saxo Bank A/S
  • Finnish branch of Skandinaviska Enskilda Banken AB
    • Finnish branch of SEB Kort AB
  • Finnish branch of Stadshypotek (sv)
  • Finnish branch of Svea Bank (sv)
  • Finnish branch of Svenska Handelsbanken AB
  • Finnish branch of Swedbank AB
  • Finnish branch of Telia Finance
  • Finnish branch of TF Bank (sv)
  • Finnish branch of TF Nordic AB

Other Finnish LSIs

  • Ålandsbanken
  • Alisa Pankki (fi)
  • Danske Kiinnitysluottopankki Oyj
  • Suomen AsuntoHypoPankki
  • Suomen Hypoteekkiyhdistys (fi)

Other institutions

The Bank of Finland, Finnfund (fi) and Finnvera are public credit institutions that do not hold a banking license under EU law. Nor does the Nordic Investment Bank, a multilateral financial institution based in Helsinki.

Defunct banks

Several former Finnish banks, defined as having been headquartered in the present-day territory of Finland, are documented on Wikipedia. They are listed below in chronological order of establishment. Finland experienced two waves of intense banking sector restructuring, first in the wake of independence and civil war in the late 1910s and 1920s with an aftershock during the European banking crisis of 1931, and second during the 1990s Finnish banking crisis.

  • Turku Discount Bank (fi) (1805-1812)
  • Turku Savings Bank (fi) (1822-1992)
  • Päijät-Häme Savings Bank (fi) (1848-1992)
  • Deposita Savings Bank (fi) (1856-1967)
  • Union Bank of Finland (fi) (1862-1995)
  • Lohja Savings Bank (fi) (1870-1988)
  • Nordic Joint-Stock Bank (fi) (1873-1919)
  • Siuntio Savings Bank (fi) (1876-1991)
  • Vaasa Joint-Stock Bank (fi) (1879-1920)
  • Postipankki (1887-2007)
  • Uusimaa Joint-Stock Bank (fi) (1887-1918)
  • Helsinki People's Bank (fi) (1889-1896)
  • Kansallis-Osake-Pankki (1889-1995)
  • Finnish Cities Mortgage Bank (fi) (1895-1922)
  • Private Bank in Helsinki (fi) (1896-1922)
  • Savo-Karelia Joint-Stock Bank (fi) (1896-1940)
  • Turku Joint-Stock Bank (fi) (1896-1920)
  • Agricultural and Industrial Bank of Finland (fi) (1897-1901)
  • Tampere Joint-Stock Bank (fi) (1898-1929)
  • Nykarleby Aktiebank (fi) (1899-1913)
  • Nisula Cooperative Bank (fi) (1902-1980s)
  • Finnish Savings Bank of Turku (fi) (1904-1992)
  • Virkkala Savings Bank (fi) (1905-1988)
  • Finnish Commercial Bank (fi) (1907-1924)
  • Finnish Real Estate Bank (fi) (1907-1996)
  • Central Bank of the Finnish Savings Banks (fi) (1908-2015)
  • Landtmannabanken (fi) (1909-1920)
  • Western Finland Joint-Stock Bank (fi) (1912-1929)
  • Helsinki Joint-Stock Bank (fi) (1913-1985)
  • Häme Workers' Savings Bank (fi) (1914-1970)
  • Finnish Agricultural Joint-Stock Bank (fi) (1916-1958)
  • Liikepankki Oy (fi) (1916-1924)
  • Land Real Estate Bank (fi) (1916-2000)
  • Pohjolan Joint-Stock Bank (fi) (1916-1948)
  • Brändö-Hertonäs Fastighetsbank (fi) (1917-1931)
  • Bank of Southern Finland (fi) (1917-1927)
  • Finnish Craftsmen Joint-Stock Bank (fi) (1917-1945)
  • Helsinki Discount Bank (fi) (1917-1921)
  • Luotto-Pankki (fi) (1917-1933)
  • Export Bank of Finland (fi) (1918-1931)
  • Industrial Bank of Finland (fi) (1918-1922)
  • Maakuntain Keskus-Pankki (fi) (1918-1928)
  • Atlas Pankki (fi) (1919-1929)
  • Joint-Stock Bank for Foreign Trade (fi) (1920-1923)
  • Liittopankki (fi) (1920-1931)
  • Bank of Turku (fi) (1924-1933)
  • Industrial Bank of Finland (fi) (1924-1998)
  • Svenska Finlands Lantmannabank (fi) (1924-1933)
  • Etelä-Pohjanmaan Pankki (fi) (1929-1931)
  • Maakuntain Pankki (fi) (1929-1932)
  • Oulu Workers' Savings Bank (fi) (1932-1970)
  • Osuuspankki Yhteistuki (fi) (1963-1993)
  • Peruspankki (fi) (1963-1990)
  • National Workers' Savings Bank (1971-1992)
  • Tapiola Group (fi) (1982-2013)
  • Evli Oyj (fi) (1985-2024)
  • Interbank Osakepankki (fi) (1988-1998)
  • Savings Bank of Finland (fi) (1992-1993)
  • Merita Bank (fi) (1995-1997)
  • Trevise Bank (fi) (1996-2000)
  • Merita-Nordbanken (fi) (1997-2000)
  • Eufex (fi) (2000-2014)
  • Sofia Pankki (fi) (2008-2010)

See also

wikipedia, wiki, encyclopedia, book, library, article, read, free download, Information about List of banks in Finland, What is List of banks in Finland? What does List of banks in Finland mean?

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