Draft:OP Corporate Bank Lithuanian branch
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Headquarters | , |
---|---|
Key people | Leda Irzikeviciene (CEO) |
Services | Banking |
Number of employees | 59[1](2024) |
Website | https://www.opbank.lt/en/ |
OP Corporate Bank plc (formerly Pohjola[2]) is a subsidiary of the Finnish financial services group OP Financial Group. OP Corporate Bank Lithuanian branch is registered in Lithuania[3].
History
[edit]In 2008, Pohjola Bank acquired leasing companies from the Finnish group Kesko[4] and began offering leasing services in Lithuania, Latvia, Estonia, and Finland.
In 2011, Pohjola opened a branch in Estonia, followed by branches in Latvia in 2012 and Lithuania in 2013.
On 4 April 2016, Pohjola Bank was renamed OP Corporate Bank[5][6].
Lithuania
[edit]The Lithuanian branch of OP Corporate Bank plc is the fifth-largest bank in Lithuania by the size of its business loans and leasing portfolio[7], and the sixth-largest by assets under management[8]. The bank is the third-largest provider of leasing services in Lithuania, holding approximately 20% of the market.
OP Financial Group
[edit]OP Corporate Bank is part of OP Financial Group, the largest financial services group in Finland, with over two million owner-customers and approximately 13,000 employees[9]. The group offers a wide range of banking and insurance services to private individuals and businesses.[10]
OP Corporate Bank plc is the largest subsidiary and the central bank of the group. The group's mission is to promote the sustainable prosperity, security, and well-being of its owner-customers and the regions it operates in. By 2025, OP Financial Group aims to become CO2 neutral concerning energy and fuel emissions (Scopes 1 and 2)[11].
Management
[edit]Since 1 January 2023, Leda Irzikeviciene has been the Country Manager of OP Corporate Bank plc's Lithuanian branch. Matias Huhtala has served as the Head of OP Corporate Bank's Baltic Banking[12] since 1 January 2015. Katja Keitaanniemi has been the President and CEO of OP Corporate Bank since 2018[13].
References
[edit]- ^ "OP Corporate Bank PLC Lietuvos filialas".
- ^ "Pohjola Bank | Company Overview & News". Forbes. Retrieved 2024-07-30.
- ^ "Structure of OP Financial Group and OP Corporate Bank Group - Corporate governance (OP Corporate Bank plc)". op.fi. Retrieved 2024-07-30.
- ^ https://bib.kuleuven.be/files/ebib/jaarverslagen/Pohjola_2007.pdf
- ^ "Pohjola Bank : To be renamed OP Corporate Bank* - MarketScreener". 19 March 2015.
- ^ https://www.op.fi/documents/20556/39496138/Moodys+OPCBK+1.6.2017/4c176efc-1774-4954-87ff-bb0a0465c643#:~:text=In%20December%202015%2C%20Pohjola%20Bank's,renamed%20OP%20Corporate%20Bank%20Plc.
- ^ https://www.lb.lt/uploads/publications/docs/46304_6b01eaa3fbf0f726046c5a5fdf7d7e46.pdf
- ^ "Statistics | Association of Lithuanian banks".
- ^ "OP Financial Group in brief | OP Financial Group". op.fi. Retrieved 2024-07-30.
- ^ "Business divisions | OP Financial Group". op.fi. Retrieved 2024-07-30.
- ^ "OP Financial Group's sustainability programme". op.fi. Retrieved 2024-07-30.
- ^ "Image bank | OP Financial Group". op.fi. Retrieved 2024-07-30.
- ^ "President and CEO - Corporate governance (OP Corporate Bank plc)". op.fi. Retrieved 2024-07-30.