Osuuspankit

Osuuspankit, commonly known as OP Financial Group in English, is a Finnish cooperative financial services group. It is the largest financial services provider in Finland. The group's origins trace back to the late 19th century, with the establishment of the first cooperative savings bank in Helsinki in 1895. OP Financial Group operates on a cooperative model, meaning it is owned by its customers, who are called member-owners. This ownership structure distinguishes it from traditional stock corporations.

The group offers a wide range of banking, wealth management, and insurance services. These include personal and corporate banking, investment services, home loans, savings accounts, and various types of insurance such as life, health, and property insurance. OP Financial Group's network consists of a large number of independent member cooperative banks, which are collectively owned by their local member-owners. These local banks form the backbone of the group's operations, providing services tailored to their respective regions.

The central institution of the group is OP Cooperative, which provides strategic direction, risk management, and capital services to the member banks. OP Financial Group emphasizes its commitment to its customers and the Finnish society, often highlighting its role in supporting local economies and promoting financial well-being. Its cooperative principles aim to ensure that profits are reinvested in services and benefits for member-owners rather than distributed to external shareholders.