Lounaismaan Osuuspankki

Anna MileikoCreated by Anna Mileiko

Lounaismaan Osuuspankki Logo

Address

Turuntie 7, 24100, SALO, Finland

BIC

n/a

Overview

Business Focus

retail banking

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

Performance

In 2023, Lounaismaan Osuuspankki achieved the position of 27th largest bank in Finland with a market share of 0.22%; its total assets grew by 1.34%.

Additionally, the bank became the 53rd bank in relation to its loans-to-deposits (L/D) showcasing 106.67% L/D ratio in 2023.

Deposit Protection

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

International Transfers

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

See Also

Ways to Bank

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

Financials

Total Assets of Lounaismaan Osuuspankki
Operating_income of Lounaismaan Osuuspankki
Market Share of Lounaismaan Osuuspankki
Total Assets (2023)
2,092.08 mln EUR   (+1.34%)
Operating Income (2023)
36.55 mln EUR   (+104.72%)

Lounaismaan Osuuspankki is the 27th largest bank in Finland in terms of total assets. In 2023 its total assets were 2 092,08 mln EUR, providing the bank with the market share of 0.22%. Lounaismaan Osuuspankki is the 12th largest cooperative bank in Finland (out of 120 cooperative banks) having market share of 2.14% amongst the banks of this category. In 2023 the bank's operating income was 36,55 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

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

See Also

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

Contacts

addressTuruntie 7, 24100, SALO, Finland
po boxPL 46
phone010 2551370
fax010 2551301

Lounaismaan Osuuspankki is located in SALO.

Bank Identifiers

LEI
743700Q1LWZ4Y0EKR428
Company Number
2205851-0
MFI ID
FI22058510

Bank History

Previous Name
Salon Osuuspankki
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