Kainuun Osuuspankki (Finland)

Address

Pohjolankatu 18, 87100, KAJAANI, Finland

BIC

n/a

Overview

Business Focus

retail banking

Kainuun Osuuspankki is a cooperative bank owned by its members via shares.Kainuun Osuuspankki provides retail and private banking products and servicesas well as pensions, insurance and investment funds productsto its owners (members).

Performance

In 2023, Kainuun Osuuspankki achieved the position of 39th largest bank in Finland with a market share of 0.12%; its total assets dropped by 7.54%.

Additionally, the bank became the 70th bank in relation to its loans-to-deposits (L/D) showcasing 105.48% L/D ratio in 2023.

Deposit Protection

Deposits up to 100,000 EUR are covered by Finnish deposit guarantee scheme in Kainuun Osuuspankki.

Market Share (#39 in Finland)

Ratios

L/D

105.48%

Services

retail banking

business banking

Clients

private individuals

SMEs

companies

Products

current accounts

credit cards

debit cards

savings accounts

time deposit accounts

consumer loans

car loans

mortgage loans

Card Providers

International Transfers

SWIFT Transfers

SEPA Credit Transfers

SEPA Instant Transfers

SEPA Direct Debits

SEPA Direct Debits B2B

Ways to Bank

Kainuun Osuuspankki delivers its products and services through both direct and indirect channels, namely:

branch

online banking

Financials

Total Assets (2023)

1,089.67 mln EUR (-7.54%)

Operating Income (2023)

19.67 mln EUR (+95.64%)

Kainuun Osuuspankki is the 39th largest bank in Finland in terms of total assets. In 2023 its total assets were 1 089,67 mln EUR, providing the bank with the market share of 0.12%. Kainuun Osuuspankki is the 20th largest cooperative bank in Finland (out of 120 cooperative banks) having market share of 1.11% amongst the banks of this category. In 2023 the bank's operating income was 19,67 mln EUR.

Deposit Guarantee

Guarantee Fund

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

Kainuun Osuuspankki 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. Kainuun Osuuspankki is a member of Deposit Guarantee Fund (RVV) and makes its contributions into it.