OP Financial Group, owned by its customers, is Finland’s largest financial services group. Our mission is to promote the sustainable prosperity, security and wellbeing of our owner-customers and operating region.
OP Financial Group is made up of 106 OP cooperative banks (31 March 2023) and the central cooperative which they own, including its subsidiaries and affiliated entities. Over 2 million owner-customers own the OP cooperative banks and thereby the entire OP Financial Group with a staff of approximately 13,000. The Group’s vision is to be the leading and most appealing financial services group in Finland for our customers, employees and partners.
OP Financial Group's business consists of the following three business segments: Retail Banking (Banking for private and SME customers), Corporate Banking (Banking for corporate and institutional customers), and Insurance (Insurance customers). We provide our customers with the most extensive and diversified range of banking, investment and insurance services and the best loyalty benefits in the country. We are a local player with services available through a diverse range of digital channels and an extensive network of branches nationwide. Together with our owner-customers, we have been building Finnish society and a sustainable future for 120 years now.
Standard & Poor’s and Moody’s, two major rating agencies in the world, 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 safety rating. Latest credit ratings can be found here (op.fi).
OP Financial Group launched its operations in the Latvian leasing market in 2008 when OP Corporate Bank plc acquired 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 is merged with OP Corporate Bank plc. OP Corporate Bank plc Latvia Branch continues to provide leasing services to customers.
Being part of a large and strong financial group allows us to provide high quality professional financial services and ensure the consistent availability of credit resources and a competitive edge in the local market, by offering products that promote sustainable economy, with a particular focus on financing “green” projects.