OP Financial Group in brief

OP Financial Group is Finland's largest financial services group and fully owned by its customers.

OP has three main business segments: Banking, Non-life Insurance and Wealth Management. 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.

OP’s strategic aim is to gradually change from a plain financial services provider to a diversified services company of the digital era. While financial expertise remains our cornerstone, we are gradually expanding our business into new areas, including Health and Wellbeing Services, Housing-related Services and Mobility Services.

OP employs over 12,000 people. We have some 1.8 million owner-customers and 445,000 corporate customers. The number of our private customers is around 4 million.

Performance determined by success in two roles

OP's operations are based on the cooperative principle: cooperation and sharing the fruits of success with our customers. Based on our mission, we create sustainable prosperity, security and wellbeing for our owner-customers and in our operating region by means of our strong capital base and efficiency.

We follow our mission through a dual role typical of a cooperative society. In our business role, we see to our efficiency and capital base. In our social role, we promote the long-term success and prosperity of the community by representing a positive driver in the operating region. The social role involves impactful actions for the benefit of the community at both local and national level – digitally and physically. The combination of these two roles makes us particularly capable of developing new services and reinventing ourselves as our owners and operating environment change. Succeeding in both roles is a measure of OP Financial Group’s success.

In accordance with social principles based on the cooperative system, we always act in the best interests of our broader-based community and will therefore refrain from pursuing any targets of OP or individual players that conflict with the long-term targets of our operating region.



OP Financial Group structure

OP Financial Group is made up of some 170 independent OP cooperative banks and OP Cooperative which they own, including its subsidiaries and closely related companies.