OP Corporate Bank plc Eesti filiaal

Anna MileikoCreated by Anna Mileiko, last update 26 October 2023

OP Corporate Bank plc Eesti filiaal Logo

Address

Maakri tn 19/1, 10145, Tallinn, Estonia

BIC

OKOYEE2X

Overview

Category

Branches of foreign banks

Business Focus

corporate banking

OP Corporate Bank (Estonian Branch) is a part of OP Group, Finland's financial services group providing a variety of banking, non-life insurance and asset management services to its business and institutional clients, as well as a wide range of banking and insurance services for individuals.OP Corporate Bank (Estonian Branch) operates as a corporate bank for large and medium-sized enterprises, its financial services portfolio consists of loans, guarantees, trade finance and leasing and factoring solutions. In addition, OP Corporate Bank (Estonian Branch) aims to find the most suitable customer solutions for efficient and productive cash management.

Performance

In 2023, OP Corporate Bank plc Eesti filiaal achieved the position of 8th largest bank in Estonia with a market share of 1.74%; its total assets grew by 6.84%.

Additionally, the bank became the 11th profitable bank in relation to its total assets showcasing 0.70% return on assets and 46.05% return on equity in 2023.

Also the lender held the 2nd position regarging its loans-to-deposits (L/D) registering 101.04% L/D ratio in 2023.

Deposit Protection

Deposits up to 100,000 EUR are covered by Finnish deposit guarantee scheme in OP Corporate Bank plc Eesti filiaal.

Services

corporate banking
leasing
trade finance

Products

corporate accounts
working capital loans
investment loans

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
SEPA Direct Debits B2B

See Also

Financials

Total Assets of OP Corporate Bank plc Eesti filiaal
Net_income of OP Corporate Bank plc Eesti filiaal
Market Share of OP Corporate Bank plc Eesti filiaal
Total Assets (2023)
907.71 mln EUR   (+6.84%)
Net Income (2023)
6.19 mln EUR   (+20.78%)

OP Corporate Bank plc Eesti filiaal is the 8th largest bank in Estonia in terms of total assets. In 2023 its total assets were 907,71 mln EUR, providing the bank with the market share of 1.74%. In 2023 the bank's net income was 6,19 mln EUR.

Deposit Guarantee

Guarantee Fund
Deposit Guarantee Fund (RVV)Deposit Guarantee Fund (RVV)
Protected Amount
up to 100,000 EUR
Eligible Depositors
natural persons (Finnish and foreign)
legal entities (Finnish and foreign)
Covered Accounts
deposit products offered by deposit banks

OP Corporate Bank plc Eesti filiaal participates in the deposit guarantee scheme of Finland which applies to deposit products offered by deposit banks made by natural persons (Finnish and foreign), legal entities (Finnish and foreign) and covers up to up to 100,000 EUR per bank per depositor. OP Corporate Bank plc Eesti filiaal is a member of Deposit Guarantee Fund (RVV) and makes its contributions into it.

See Also

OP Corporate Bank plc Eesti filiaal is a member of OP-Pohjola Group (Finland) and operates as a branch of OP Yrityspankki Oyj (Finland).

Contacts

addressMaakri tn 19/1, 10145, Tallinn, Estonia
phone+372 663 0840

OP Corporate Bank plc Eesti filiaal is located in Tallinn.

Bank Identifiers

BIC (SWIFT)
OKOYEE2X
Company Number
11534064
MFI ID
EE11534064

Bank History

Previous Name
Pohjola Bank plc Eesti filiaal
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