POP Bank Group

POP Bank Group (or POP Pankki), headquartered in Espoo, is a Finnish group of cooperative banks serving more than 250,000 customers including individuals and small and rural businesses (agricultural and forestry companies). With about 750 employees, POP maintains about 70 branches and service points located primarily in Western, Central and Southwestern Finland. There are also several offices in Northern and Eastern Finland. POP Bank Group includes 18 member cooperative banks and the central credit institution Bonum Bank Plc (Bonum Pankki), among others. In May 2023, the Group sold 70% of the share capital of Finnish P&C Insurance Ltd to LocalTapiola. In the first half of 2024, POP Bank Group achieved a net interest income of €96 million, profit before tax of €46.5 million, total balance sheet of €5.9 billion, customer loans of €4.7 billion and deposits of €4.3 billion.

The Group Structure:
Member Cooperative Banks
POP Bank Centre coop
Bonum Bank Plc
POP Mortgage Bank
POP Holding Ltd

S&P Global Ratings
Bonum Bank Plc
Long-term issuer: BBB
Short-term issuer: A-2
Resolution counterparty ratings: BBB+/A-2
(As of November 2024)

Headquarters address:
Hevosenkenkä 3
FI02600 Espoo
Finland
Website: www.poppankki.fi