About us

OP Corporate Bank plc Latvia Branch has been a financial partner to large and medium-sized enterprises in Latvia since 2008. We specialize in serving corporate clients, offering loans, guarantees, letters of credit, leasing and factoring solutions, as well as cash flow and risk management services.

OP launched its operations in the Latvian market in 2008 through the acquisition of the financial company K-Finance from the Kesko Group. In September 2012, OP Corporate Bank plc opened a branch in Latvia to provide banking services to corporate customers. In November 2021, OP Finance merged with OP Corporate Bank plc, and since then leasing services in Latvia have also been provided by OP Corporate Bank plc Latvia Branch.

OP Corporate Bank operates in all three Baltic countries, helping companies achieve their growth ambitions in both local and international markets. We combine local market expertise with access to a broader Nordic financial network and extensive industry knowledge.

About OP Pohjola

We are part of OP Pohjola, Finland’s largest financial services group, whose history dates back to 1902. OP Pohjola is owned by its customers, with more than two million owner-customers serving as co-owners of the Group.

OP Pohjola consists of 93 cooperative banks, the central cooperative they own, and its subsidiaries. The Group employs more than 14,000 professionals, including over 150 employees across the Baltic countries.

OP Financial Group operates through three business segments:

  • Retail Banking (banking services for private individuals and SME customers)
  • Corporate Banking (banking services for corporate and institutional customers)
  • Insurance

Being part of a strong financial services group enables us to provide our clients with stable access to financing, competitive solutions and a long-term perspective on business growth. We place particular emphasis on promoting sustainable economic development and financing green transition projects.

Stability and reliability

S&P Global Ratings and Moody’s, two of the world’s leading rating agencies, have affirmed OP Corporate Bank plc’s long-term debt ratings, making OP Corporate Bank plc one of the few banks in Europe with such a high credit rating.

See the latest credit ratings‍.

Our purpose

For more than 120 years, OP’s mission has remained unchanged: to promote the sustainable prosperity, security and well-being of its customers, communities and operating regions.

As a long-term financial partner, we aim to strengthen the competitiveness of Finnish and Baltic companies, support their growth and help them succeed in international markets. We believe that financial success and sustainability go hand in hand, which is why we promote responsible business practices and sustainable financial solutions in everything we do.