OP Corporate Bank Lithuanian branch
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ISIN | 🆔 |
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Founded 📆 | |
Founder 👔 | |
Headquarters 🏙️ | , , |
Area served 🗺️ | |
Key people | Leda Irzikeviciene (CEO) |
Services | Banking |
Members | |
Number of employees | 59.[1](2024) |
🌐 Website | https://www.opbank.lt/en/ |
📇 Address | |
📞 telephone | |
OP Corporate Bank plc (formerly Pohjola[2]) is a subsidiary of the Finnish financial services group OP Financial Group. OP Corporate Bank Lithuanian branch is registered in Lithuania[3]
History[edit]
In 2008, Pohjola Bank acquired leasing companies from the Finnish group Kesko[4] and began offering leasing services in Lithuania, Latvia, Estonia, and Finland.
In 2011, Pohjola opened a branch in Estonia, followed by branches in Latvia in 2012 and Lithuania in 2013.
On 4 April 2016, Pohjola Bank was renamed OP Corporate Bank.[5][6]
Lithuania[edit]
The Lithuanian branch of OP Corporate Bank plc is the fifth-largest bank in Lithuania by the size of its business loans and leasing portfolio[7], and the sixth-largest by assets under management[8]. The bank is the third-largest provider of leasing services in Lithuania, holding approximately 20% of the market.
OP Financial Group[edit]
OP Corporate Bank is part of OP Financial Group, the largest financial services group in Finland, with over two million owner-customers and approximately 13,000 employees.[9] The group offers a wide range of banking and insurance services to private individuals and businesses.[10]
OP Corporate Bank plc is the largest subsidiary and the central bank of the group. The group's mission is to promote the sustainable prosperity, security, and well-being of its owner-customers and the regions it operates in. By 2025, OP Financial Group aims to become CO2 neutral concerning energy and fuel emissions (Scopes 1 and 2).[11]
Management[edit]
Since 1 January 2023, Leda Irzikeviciene has been the Country Manager of OP Corporate Bank plc's Lithuanian branch. Matias Huhtala has served as the Head of OP Corporate Bank's Baltic Banking[12] since 1 January 2015. Katja Keitaanniemi has been the President and CEO of OP Corporate Bank since 2018.[13]
References[edit]
- ↑ "OP Corporate Bank PLC Lietuvos filialas".
- ↑ "Pohjola Bank | Company Overview & News". Forbes. Retrieved 2024-07-30.
- ↑ "Structure of OP Financial Group and OP Corporate Bank Group - Corporate governance (OP Corporate Bank plc)". op.fi. Retrieved 2024-07-30.
- ↑ Pohjola Bank plc (2007-02-14). "Pohjola Bank plc Annual review 2007" (PDF).
- ↑ "Pohjola Bank : To be renamed OP Corporate Bank* - MarketScreener". 19 March 2015.
- ↑ Boheman, Niclas (2017-06-01). "OP Corporate Bank Plc Key Facts and Statistics - Q1 March 2017".
- ↑ Banking and Insurance Supervision Department (2024-04-18). "Banking Activity Review" (PDF).
- ↑ "Statistics | Association of Lithuanian banks".
- ↑ "OP Financial Group in brief | OP Financial Group". op.fi. Retrieved 2024-07-30.
- ↑ "Business divisions | OP Financial Group". op.fi. Retrieved 2024-07-30.
- ↑ "OP Financial Group's sustainability programme". op.fi. Retrieved 2024-07-30.
- ↑ "Image bank | OP Financial Group". op.fi. Retrieved 2024-07-30.
- ↑ "President and CEO - Corporate governance (OP Corporate Bank plc)". op.fi. Retrieved 2024-07-30.
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