Top 6 Largest Financial Service Companies in Finland

  1. Top 1 Nordea Bank
  2. Top 2 Aktia Bank
  3. Top 3 Danske Bank
  4. Top 4 Banco Santander
  5. Top 5 Accountor
  6. Top 6 Ferratum

Top 6 Largest Financial Service Companies in Finland

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In this post, let's examine some of the largest financial service companies in Finland, ranked by market capitalization. Go directly to other related articles ... read more...

  1. Top 1

    Nordea Bank

    The European financial services company Nordea Bank, also known simply as Nordea, is headquartered in Helsinki, Finland, and operates throughout northern Europe. The words "Nordic" and "concept" are combined to form the name. Between 1997 and 2001, Merita Bank, Nordbanken, Unidanmark, and Christiania Bank og Kreditkasse in Finland, Merita Bank in Sweden, and Christiania Bank og Kreditkasse in Denmark all merged and acquired one another to form the bank. Given that Nordea completed the divestiture of its Baltic businesses in 2019, the Nordic countries are regarded as the company's home market. Helsinki, Copenhagen, and Stockholm's Nasdaq Nordic exchanges list Nordea, and the American market lists Nordea ADR.

    9.3 million private customers and 530,000 active corporate clients, including 2,650 major corporations and organizations, are served by Nordea. The loan portfolio of Nordea is split between Sweden (30%), Finland (21%), Denmark (26%), and Norway (21%). In Nordea, there are four business areas (BAs): asset and wealth management, business banking, large corporations and institutions, and personal banking. In December 2021, assets under management (AUM) totaled €411 billion.


    The market capitalization of Nordea Bank as of April 2023 is $37.74 billion. By market cap, this places Nordea Bank as the 460th most valuable corporation in the world. The most recent financial reports from Nordea Bank indicate that the company's current revenue (TTM) is $10.29 billion. The company generated $11.29 billion in revenue in 2021, a rise from $9.87 billion in revenue in 2020.


    Founded: 1820
    Headquarters: Helsinki, Finland
    Website: www.nordea.com

    Screenshot via 	w	www.nordea.com
    Screenshot via w www.nordea.com
    Screenshot via 		www.nordea.com
    Screenshot via www.nordea.com

  2. Top 2

    Aktia Bank

    With locations in Helsinki, Turku, Tampere, Vaasa, and Oulu, Aktia Bank Plc is a Finnish asset management, bank, and life insurance company. Banking, asset management, and life insurance make up Aktia's three main sectors. The three reporting business segments for Aktia are Group Functions, Asset Management, and Banking Business.

    Aktia
    serves 20,000 corporate and institutional clients and over 250,000 private clients. Finnish savings bank foundations, organizations, and ordinary citizens hold Aktia. The Greek word akti, which signifies coast, is the source of the name Aktia. The chief financial institution for savings and neighborhood co-operative banks used to be Aktia.


    The market capitalization of Aktia Bank as of April 2023 is $0.74 billion. By market cap, this places Aktia Bank as the 4933rd most valuable corporation in the entire world. The most recent financial reports from Aktia Bank indicate that the company's current revenue (TTM) is $0.26 billion. The company generated $0.30 billion in revenue in 2021, up from $0.23 billion in revenue in 2020.


    Founded: 1825
    Headquarters: Helsinki , Finland
    Website: https://www.aktia.com

    Screenshot via 	 	https://www.aktia.com
    Screenshot via https://www.aktia.com
    Screenshot via 	 	https://www.aktia.com
    Screenshot via https://www.aktia.com
  3. Top 3

    Danske Bank

    Danske Bank is a Danish multinational banking and financial services company. With its main office in Copenhagen, it is the biggest bank in Denmark and a significant retail bank in northern Europe, with more than 5 million retail clients. In 2011, Danske Bank ranked 454 on the Fortune Global 500. The Maersk family's A.P. Moller Holding is the major stakeholder.

    Den Danske Landmandsbank
    , Hypothek- og Vexelbank I Kjbenhavn ("The Danish Farmers' Bank, Mortgage and Exchange Bank of Copenhagen"), often known as Landmandsbanken ("the Farmers' Bank"), was established on October 5, 1871. The bank's previous name was Den Danske Bank ("The Danish Bank") until 2000, when the current name was chosen.


    The market capitalization of Danske Bank was $17.22 billion as of April 2023. By market cap, this places Danske Bank as the 964th most valuable corporation in the world. The most recent financial reports from Danske Bank indicate that the company's current revenue (TTM) is $6.30 billion. The company generated $7.41 billion in revenue in 2021, an increase from $7.22 billion in revenue in 2020.


    Founded: 5 October 1871
    Headquarters: Copenhagen, Denmark
    Website: danskebank.com

    Screenshot via 	 	danskebank.com
    Screenshot via danskebank.com
    Screenshot via 	 	danskebank.com
    Screenshot via danskebank.com
  4. Top 4

    Banco Santander

    Located in Madrid and Santander, Spain, Banco Santander, S.A., also known as Santander Group, is an international financial services firm. In addition, Santander, the 16th-largest banking organization in the world, keeps a presence in all major financial hubs. Although it is best known for its banking operations in Europe, it has recently expanded operations into continental Asia and North and South America. The Financial Stability Board views this bank as one of systemic importance.

    Numerous subsidiaries, including Abbey National, have changed their names to Santander. The firm is a part of the Euro Stoxx 50 stock market index. Santander was listed as the 37th largest public company in the world by Forbes Global 2000 in May 2016. The biggest bank in Spain is Santander.


    Ana Patricia Botn-Sanz de Sautuola O'Shea, the granddaughter and daughter of the previous chairs, Emilio Botn-Sanz de Sautuola y Garca de los Ros and Emilio Botn-Sanz de Sautuola López, serves as the head of Banco Santander.


    The market capitalization of Santander as of April 2023 is $61.48 billion. Santander is now ranked as the 246th most valuable corporation in the world by market cap. The most recent financial reports from Santander indicate that the company's current revenue (TTM) is $54.62 billion. The corporation generated $56.32 billion in revenue in 2021, an increase from $54.12 billion in revenue in 2020.


    Founded: 15 May 1857
    Headquarters: Santander, Spain
    Website: www.santander.com

    Screenshot via 	 	www.santander.com
    Screenshot via www.santander.com
    Screenshot via 	 	www.santander.com
    Screenshot via www.santander.com
  5. Top 5

    Accountor

    A company that specializes in software and outsources services for financial and HR services is called Accountor (formerly known as Pretax Group). Across six nations, the group has roughly 2,300 employees. The group's corporate offices are found at Accountor Tower in Espoo, Finland's Keilaniemi neighborhood. The company also has operations in Finland, Sweden, Norway, Denmark, the Netherlands, and Ukraine. Almost 1,000 financial management professionals are employed by Accountor Outsourcing Finland, which has close to 30 offices throughout the nation.


    Their objective is to assist our clients in utilizing the advantages of contemporary technology and digitalization in their regular operations. The organization's main office is in Espoo, Finland. We also conduct business in Finland, Sweden, Norway, Denmark, the Netherlands, and Ukraine. In 2021, the Accountor Group had a 238 M€ revenue.


    Founded: 1944
    Headquarter: Accountor Tower, Keilaniemi, Espoo, Finland
    Website: https://www.accountor.com/

    Screenshot via https://www.accountor.com/
    Screenshot via https://www.accountor.com/
    Screenshot via https://www.accountor.com/
    Screenshot via https://www.accountor.com/
  6. Top 6

    Ferratum

    Up until June 2021, Multitude SE, a fully regulated growth platform for financial technology, was called The Ferratum Group. Its goal is to establish itself as the most valuable financial ecosystem. This goal is supported by more than 17 years of successful experience developing and deploying financial technology. Multitude enables a variety of sustainable banking and financial services to expand and scale through its complete European banking license, significant expertise in technology, regulation, cross-selling, and funding.


    On this growing platform, it currently has three autonomous business units: the consumer lender Ferratum, the business lender CapitalBox, and the shopping and financing app SweepBank. Almost 700 people are employed by Multitude and its autonomous subsidiaries, which together had a turnover of EUR 213 million in 2021. In 2005, Multitude was established.


    Founded: May 1, 2005
    Headquarter: Helsinki, Finland
    Website: multitude.com

    Screenshot via 	multitude.com
    Screenshot via multitude.com
    Screenshot via 	multitude.com
    Screenshot via multitude.com



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