Länsi-Kymen Osuuspankki (Finland)

Address

VANHAMAANTIE 9, 47200, ELIMÄKI, Finland

BIC

n/a

Overview

Business Focus

retail banking

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

Performance

In 2023, Länsi-Kymen Osuuspankki achieved the position of 51st largest bank in Finland with a market share of 0.07%; its total assets grew by 12.33%.

Additionally, the bank became the 89th bank in relation to its loans-to-deposits (L/D) showcasing 102.55% L/D ratio in 2023.

Deposit Protection

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

Market Share (#51 in Finland)

Ratios

L/D

102.55%

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

Länsi-Kymen Osuuspankki delivers its products and services through both direct and indirect channels, namely:

branch

online banking

Financials

Operating_income of Länsi-Kymen Osuuspankki

Total Assets (2023)

684.19 mln EUR (+12.33%)

Operating Income (2023)

9.96 mln EUR (+155.83%)

Länsi-Kymen Osuuspankki ranks as the 51st largest bank in Finland by total assets. In 2023 its total assets were 684.19 mln EUR, representing a 0.07% market share. It is also the 29th largest cooperative bank in Finland, commanding a 0.70% share among cooperative banks. In 2023 the bank's operating income was 9.96 mln EUR.

Deposit Guarantee

Protected Amount

up to 100,000 EUR

Guarantee Fund

Deposit Guarantee Fund (RVV)

Covered Accounts

deposit products offered by deposit banks

Eligible Depositors

natural persons (Finnish and foreign)
legal entities (Finnish and foreign)

Länsi-Kymen 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.