Nordea Bank Abp moved its headquarters to Helsinki in 2018, and thus became the largest bank in Finland, in terms of total assets. Nordea's total assets had a value of around 552 billion euros in 2020, which was a slight decrease compared to the previous year.
Leading bank for large corporations
Nordea is also the leading bank for large corporations in Finland. According to a survey conducted in late 2020, 100 percent of respondents among CFOs, finance directors, and treasurers of top-tier companies indicated Nordea as an important provider of corporate banking services in Finland. The bank had 350 large companies as customers in 2019, and 240,000 small- and medium sized companies.
OP Financial Group
OP Financial Group (Osuuskunta) followed as both the second largest bank in the country in terms of total assets, and the second largest bank for large corporations. OP Financial group had total assets worth around 160 billion euros in 2020. This was the highest value the bank registered during the whole last decade.
Largest banks in Finland in 2020, by total assets
(in billion euros)
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Statista. (December 15, 2021). Largest banks in Finland in 2020, by total assets (in billion euros) [Graph]. In Statista. Retrieved May 22, 2022, from https://www.statista.com/statistics/1057228/leading-banks-in-finland-by-total-assets/
Statista. "Largest banks in Finland in 2020, by total assets (in billion euros)." Chart. December 15, 2021. Statista. Accessed May 22, 2022. https://www.statista.com/statistics/1057228/leading-banks-in-finland-by-total-assets/
Statista. (2021). Largest banks in Finland in 2020, by total assets (in billion euros). Statista. Statista Inc.. Accessed: May 22, 2022. https://www.statista.com/statistics/1057228/leading-banks-in-finland-by-total-assets/
Statista. "Largest Banks in Finland in 2020, by Total Assets (in Billion Euros)." Statista, Statista Inc., 15 Dec 2021, https://www.statista.com/statistics/1057228/leading-banks-in-finland-by-total-assets/
Statista, Largest banks in Finland in 2020, by total assets (in billion euros) Statista, https://www.statista.com/statistics/1057228/leading-banks-in-finland-by-total-assets/ (last visited May 22, 2022)
