Established in 1919 by local entrepreneurs, Ålandsbanken (Bank of Åland) is a Finnish commercial bank, focused on providing private banking and asset management products and services. Ålandsbanken also offers a broad range of retail banking products.
Ålandsbanken Abp is the 9th largest bank in Finland in terms of total assets. In 2018 its total assets were 5 565,55 mln EUR, providing the bank with the market share of 0.93%. In 2018 the bank's operating income was 22,17 mln EUR.
Ålandsbanken Abp participates in the deposit guarantee scheme of Finland. This deposit guarantee scheme 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. Ålandsbanken Abp is a member of Deposit Guarantee Fund and makes its contributions into it.
Ålandsbanken Abp is headquartered in MARIEHAMN.