Largest banks in Finland 2023, by total assets
In 2018, Nordea Bank Abp relocated its headquarters to Helsinki and emerged as Finland's largest bank by total assets. By 2023, the bank's total assets reached approximately 584.7 billion euros, significantly surpassing other Finnish banks.
Leading bank for large corporations
Nordea dominates the corporate banking sector in Finland, with the highest market penetration for large corporations. A late 2023 survey revealed that 100 percent of CFOs, finance directors, and treasurers from top-tier companies identified Nordea as a critical corporate banking service provider.
OP Financial Group
OP Financial Group (Osuuskunta) followed as both the second-largest bank in the country in terms of total assets, and the second-largest bank for large corporations. OP Financial group had total assets worth around 160.4 billion euros in 2023, marking a significant drop in assets compared to the previous year.