Ruukin Osuuspankki

Anna Mileiko Created by Anna Mileiko

Ruukin Osuuspankki Logo

Address

Siikasavontie 3, 92400, RUUKKI, Finland

BIC

n/a

Overview

Business Focus

retail banking

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

Performance

In 2020, Ruukin Osuuspankki achieved the position of 109th largest bank in Finland with a market share of 0.02%; its total assets grew by 8.79%.

Additionally, the bank became the 25th bank in relation to its loans-to-deposits (L/D) showcasing 110.28% L/D ratio in 2020.

Deposit Protection

Deposits up to 100,000 EUR are covered by Finnish deposit guarantee scheme in Ruukin 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

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

Financials

Total Assets of Ruukin Osuuspankki
Operating_income of Ruukin Osuuspankki
Market Share of Ruukin Osuuspankki
Total Assets (2020)
171.91 mln EUR   (+8.79%)
Operating Income (2020)
1.24 mln EUR   (-21.21%)

Ruukin Osuuspankki ranked as the 109th largest bank in Finland by total assets. In 2020 its total assets were 171.91 mln EUR, representing a 0.02% market share. It was also the 77th largest cooperative bank in Finland, commanding a 0.19% share among cooperative banks. In 2020 the bank's operating income was 1.24 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)

Ruukin 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

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

Contacts

addressSiikasavontie 3, 92400, RUUKKI, Finland
phone010 2576 750
fax010 2576 740
websitehttps://www.op.fi/

Ruukin Osuuspankki was located in RUUKKI.

Bank Identifiers

LEI
743700TKUYLG4RW2K249
Company Number
0195118-2
MFI ID
FI01951182

Bank History

Close Date
March 2021
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