The following list of banks in Finland is to be understood within the framework of the European single market and European banking union, which means that Finland's banking system is more open to cross-border banking operations than peers outside of the EU. Finland's banking sector is also highly digitalized, with widespread adoption of online banking and mobile financial services across both domestic and foreign banking institutions.

Policy framework

European banking supervision distinguishes between significant institutions (SIs) and less significant institutions (LSIs), with SI/LSI designations updated regularly by the European Central Bank (ECB). Significant institutions are directly supervised by the ECB using joint supervisory teams that involve the national competent authorities (NCAs) of individual participating countries. Less significant institutions are supervised by the relevant NCA on a day-to-day basis, under the supervisory oversight of the ECB. In Finland's case, the NCA is the Finnish Financial Supervisory Authority.

Significant institutions

As of , the ECB had four Finnish banking groups in its list of significant institutions:

the Finnish branch of Danske Bank Kuntarahoitus, a public bank Nordea OP Financial Group, a cooperative banking group

A study published in 2024 assessed that of these, OP had the largest volume of assets in Finland (€160 billion at end-2023), followed by Nordea (€137 billion), then Danske Bank (€50.6 billion) and Kuntarahoitus (€49.7 billion). Among SIs based in other euro area countries, Rabobank also operates in Finland via a subsidiary.

Less significant institutions

As of , the ECB's list of supervised institutions included 68 Finnish LSIs, three of which were designated by the ECB as "high-impact" on the basis of several criteria including size:

Aktia Bank Abp, originally a savings bank established in 1825 , central cooperative of the Finnish Savings Banks Group (see also below) S-Pankki Oy, a cooperative bank

The other 65 Finnish SIs divided into four groups, as follows.

Savings Banks Group

In addition to the above-mentioned Säästöpankkiliitto, the ECB's list of included the , the SP Mortgage Bank (SP-Kiinnitysluottopankki Oyj), and the following 14 local entities of the Savings Banks Group:

Avain Säästöpankki Helmi Säästöpankki Oy

Lammin Säästöpankki

Myrskylän Säästöpankki

Närpes Sparbank ab

Säästöpankki Kalanti-Pyhäranta Säästöpankki Optia Oy Säästöpankki Sinetti

Cooperative banks

The same ECB list included 21 member LSIs of the POP Bank Group, namely three central entities (the central cooperative POP Pankkikeskus osk, group bank , and mortgage bank POP Asuntoluottopankki Oyj) plus 18 local cooperative banks:

Honkajoen Osuuspankki Isojoen Osuuspankki Kannonkosken Osuuspankki Hetki Osuuspankki Konneveden Osuuspankki Kosken Osuuspankki Kurikan Osuuspankki Kyrön Seudun Osuuspankki Kyyjärven Osuuspankki Lammin Osuuspankki Lanneveden Osuuspankki

Lakeuden Osuuspankki Lavian Osuuspankki

Pohjanmaan Osuuspankki Järvi-Suomen Osuuspankki

Other Finnish LSIs

Ålandsbanken

Danske Kiinnitysluottopankki Oyj

Suomen AsuntoHypoPankki

Foreign branches

22 Finnish LSIs in the list were branches of banks based in the European Economic Area (EEA), mostly of Swedish entities:

Finnish branch of Avida Finans AB Finnish branch of Brocc Finance AB Finnish branch of Collector Bank AB Finnish branch of DNB Bank ASA Finnish branch of DNB Carnegie Investment Bank AB Finnish branch of Ecster AB Finnish branch of Enity Bank Group AB Finnish branch of Ikano Bank AB Finnish branch of Nordnet Finnish branch of Finnish branch of PayEx Sverige AB Finnish branch of Finnish branch of Saxo Bank A/S Finnish branch of Skandinaviska Enskilda Banken AB Finnish branch of SEB Kort AB Finnish branch of Finnish branch of Svenska Handelsbanken AB Finnish branch of , subsidiary by Handelsbanken Finnish branch of Swedbank AB Finnish branch of Telia Finance, financial arm of Telia Company Finnish branch of Finnish branch of TF Nordic AB, a Swedish subsidiary of TF Bank

As of October 2025, there were no branches of banks located outside the EEA ("third-country branches" in EU parlance) in Finland, based on data compiled by the European Banking Authority.

Other institutions

The Bank of Finland, and Finnvera are public credit institutions that do not hold a banking license under EU law. Nor does the Nordic Investment Bank, a multilateral financial institution based in Helsinki.

Defunct banks

Several former Finnish banks, defined as having been headquartered in the present-day territory of Finland, are documented on Wikipedia. They are listed below in chronological order of establishment. Finland experienced two waves of intense banking sector restructuring, first in the wake of independence and civil war in the late 1910s and 1920s with an aftershock during the European banking crisis of 1931, and second during the 1990s Finnish banking crisis.

(1805-1812), liquidated in the wake of the Finnish War (1822-1992), merged into Suomen Säästöpankki (SSP) Helsinki Savings Bank (1825-1991), merged into Aktia Bank (1848-1992), merged into SSP (1856-1992), merged into SSP Suomen Yhdyspankki (1862-1995, rebranded as Pohjoismaiden Yhdyspankki / PYP from 1919 to 1975), merged into Merita Bank (1870-1988), merged into (1873-1919), merged into PYP (1876-1991), merged into Aktia Bank (1879-1920), merged into Liittopankki Postipankki (1887-1997), rebranded as Leonia Bank then Sampo Bank then absorbed by Danske Bank (1887-1918), absorbed by Helsingin Osakepankki (HOP) (1889-1896), reorganized into Privatbanken i Helsingfors Kansallis-Osake-Pankki (1889-1995), merged into Merita Bank (1895-1922), liquidated (1896-1922), absorbed by PYP (1896-1940), liquidated in the wake of the Winter War (1896-1920), merged into Liittopankki (1897-1902), liquidated (1898-1929), merged into (1899-1913), liquidated (1903-?) (1904-1992), merged into SSP (1905-1988), merged into Länsi-Uudenmaan Säästöpankki (1907-1924), absorbed by HOP (1907-1996), absorbed into Säästöpankkien Keskus-Osake-Pankki (SKOP) (SKOP, 1908-1995), liquidated (1909-1920), merged into Liittopankki (1912-1929), merged into Maakuntain Pankki Helsingin Osakepankki (HOP, 1913-1985), acquired by Suomen Yhdyspankki (1914-1970), merged into Suomen Työväen Säästöpankki (STS) (1916-1958), absorbed by Kansallis-Osake-Pankki (KOP) (1916-1924), merged into (1916-2000), merged into OKO Bank (1916-1948), absorbed by KOP (1917-1931), liquidated (1917-1927), merged into Liittopankki (1917-1945), merged into PYP (1917-1921), liquidated (1917-1933), absorbed by KOP (1918-1931), liquidated (1918-1922), absorbed by HOP (1918-1928), merged into Maakuntain Pankki (1919-1929), absorbed by HOP (1920-1924), liquidated Liittopankki (1920-1931), absorbed by HOP (1924-1933), liquidated (1924-1998), absorbed by Merita Bank (1924-1933), liquidated (1929-1931), liquidated (1929-1932), absorbed by KOP (1932-1970), merged into STS (SHOP, 1946-1996), merged into , part of OP (1963-1993), merged into SHOP (1963-1990), merged into STS Suomen Työväen Säästöpankki (STS, 1971-1992), absorbed by KOP (1982-2013), absorbed by S-Bank (1985-2024), reorganized as (1988-1998), merged into (STS, 1992-1993), dismantled (1995-1997), merged into MeritaNordbanken (1996-2000), absorbed by Nordea (1997-2000), rebranded as Nordea (1998-2001), absorbed by Sampo Bank (2000-2014), absorbed by (2008-2010), liquidated

See also List of banks in Åland List of banks in the euro area List of banks in Europe

References