The Nordic Investment Bank is an international financial institution owned by the eight NIB member countries: Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The NIB does not do retail banking, only long-term loans and guarantees to private and public projects to strengthen competitiveness and enhance the environment.
The Finnish Savings Banks Group consists of 40 savings banks, each of which operates in its own region and is an independent legal entity. They share a common inheritance and common operating practices. The primary strategy for the banks in the group is to serve clients on a regional basis and thus not compete. The market share of the Finnish Savings Banks is about 8,5% as measured by deposits.[3]
Co-operative banks
OP-Pohjola Group
The OP-Pohjola Group is a central corporation of co-operative banks. The member cooperative banks of the OP-Pohjola Group are independent, local deposit banks that are engaged in retail banking. There are 229 member cooperative banks, each operating in a local region.[4]
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]
Kansallis-Osake-Pankki (1889–1995) - merged with Suomen Yhdyspankki, forming Merita Bank
Kymenlaakson Työväen Säästöpankki (1909–1970) (1909–1945 Kyminlaakson Työväen Säästöpankki, 1946–1955 Kotkan Työväen Säästöpankki) - merged with other banks to form Suomen Työväen Säästöpankki
Landtmannabanken (1909–1920) - merged with Wasa Aktie Bank and Turun Osake-Pankki, forming Suomen Liittopankki
Lappeenrannan Työväen Säästöpankki (1912–1970) (1912–1932 Etelä-Saimaan Työläisten Osuuspankki) - merged with other banks to form Suomen Työväen Säästöpankki
Leonia Pankki (1997–2000) - merged with Sampo Insurance to form Sampo-Leonia, in 2001 renamed Sampo Pankki
Liikepankki (1919–1923) - remains of Liikepankki and Suomen Vakuus Oy, continued operating as Turunmaan Pankki
Liittopankki (1920–1931) - acquired by Helsingin Osakepankki
Luotto-Pankki (1917–1933) - acquired by Kansallis-Osake-Pankki
Länsi-Suomen Osake-Pankki (1912–1929) - merged with Tampereen Osake-Pankki and Maakuntain Keskus-Pankki, forming Maakuntain Pankki