Akaan Seudun Osuuspankki

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Akaan Seudun Osuuspankki Logo

Address

Valtatie 8, 37800, TOIJALA, Finland

BIC

n/a

Overview

Business Focus

retail banking

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

Performance

In 2018, Akaan Seudun Osuuspankki achieved the position of 100th largest bank in Finland with a market share of 0.03%; its total assets grew by 8.25%.

Additionally, the bank became the 38th bank in relation to its loans-to-deposits (L/D) showcasing 109.61% L/D ratio in 2018.

Deposit Protection

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

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

VisaMasterCard

See Also

Ways to Bank

Akaan Seudun Osuuspankki delivered its products and services through both direct and indirect channels, namely:
branch branch
online banking online banking

Financials

Total Assets of Akaan Seudun Osuuspankki
Operating_income of Akaan Seudun Osuuspankki
Market Share of Akaan Seudun Osuuspankki
Total Assets (2018)
193.52 mln EUR   (+8.25%)
Operating Income (2018)
1.54 mln EUR   (-2.41%)

Akaan Seudun Osuuspankki ranked as the 100th largest bank in Finland by total assets. In 2018 its total assets were 193.52 mln EUR, representing a 0.03% market share. It was also the 70th largest cooperative bank in Finland, commanding a 0.25% share among cooperative banks. In 2018 the bank's operating income was 1.54 mln EUR.

Deposit Guarantee

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

Akaan Seudun Osuuspankki protects deposits up to up to 100,000 EUR per depositor through Finland's deposit guarantee scheme. The scheme applies to deposit products offered by deposit banks made by natural persons (Finnish and foreign), legal entities (Finnish and foreign). The bank participates in the Deposit Guarantee Fund (RVV), making regular contributions into it.

See Also

Akaan Seudun Osuuspankki is a member of OP-Pohjola Group (Finland).

Contacts

addressValtatie 8, 37800, TOIJALA, Finland
phone03 574 5500
fax03 574 5557
websitehttps://www.op.fi/

Akaan Seudun Osuuspankki was located in TOIJALA.

Bank Identifiers

LEI
743700938EZ55IDLOP61
Company Number
0157159-3
MFI ID
FI01571593

Bank History

Close Date
August 2019
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