Finland · Credit institution
Op Corporate Bank PLC
Legal name in the LEI recordOP Yrityspankki Oyj
OP Corporate Bank plc (OP Yrityspankki Oyj) is a Finnish public limited company with its seat in Helsinki. It is a subsidiary of OP Cooperative, the central cooperative of the Finnish OP Pohjola financial group. It acts as OP Pohjola's central bank and, together with OP Mortgage Bank, raises the group's funding in money and capital markets. It provides financing, capital markets, payment, leasing and trade finance services to corporate and institutional customers, and has branches in Estonia, Latvia and Lithuania.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers. It is on the ECB list of supervised entities (see Regulatory status): that is banking supervision, not a licence on a tracked register.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Regulatory status
ECB banking supervision
List of supervised entities as of 2026-07-01
- Classification
- Significant institution
- Supervisor
- European Central Bank (direct supervision)
- Listed as
- OP Yrityspankki Oyj
- Entity type
- Credit institution
- Supervised group (ECB)
- OP Osuuskunta →
- Why significant
- Size (Total assets EUR 100-150 bn)
European registers
ECB · monetary financial institutions
List as at 2026-09-25
- Category
- Credit institution
- Minimum reserves
- Subject to minimum reserves
- Listed as
- OP Yrityspankki Oyj
- RIAD code
- FI01999207
ESMA · MiFID II register
Register as at 2026-09-28
| Entry | Competent authority | Authorised | Services or instruments |
|---|---|---|---|
| Investment services (MiFID II) | Finanssivalvonta (FSA) | 2018-10-01 | A1 A2 A3 A5 A6 A7 B1 B2 B3 B4 B5 B6 B7 |
Service codes follow MiFID II Annex I: A for investment services, B for ancillary services. Hover a code for its meaning.
Entries are matched on the LEI. Each register is quoted as its publisher lists it.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- OKOYFIHHXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under OKOYFIHH directly.
- Swift GPI
- Live member
- Payment schemes and systems
- SCT · SCT Inst · SDD Core · VOP · T2 · TIPS
- Branch codes
- 1 branch code
- BIC first registered
- 1977-08-29
- Last updated
- 2016-04-14
Overview
Researched 29 Sep 2026 · Sources
Ownership
Group subsidiary
100% OP Osuuskunta (OP Cooperative)
Institution type
Commercial bank
Trades as OP Corporate Bank plc
- Ownership
- OP Cooperative, the central cooperative of OP Pohjola, is the bank's sole shareholder and holds 100% of its shares.
- Direct parent
- OP Osuuskunta (OP Cooperative), Finland 100%
- Head office
- Gebhardinaukio 1, 00510 Helsinki, Finland
- Company register
- Business ID 0199920-7 (Finnish Trade Register)
- Former names
- OKO Pankki Oyj · OKO Osuuspankkien Keskuspankki Oyj · Osuuspankkien Keskuspankki Oyj
Business lines
The bank reports four segments: Corporate Banking and Capital Markets, Asset and Sales Finance Services and Payment Transfers, Baltics and Group Functions. Group Functions includes OP Pohjola's treasury, funding and liquidity management.
Online
- Websites & references
- op.fi ↗
Wikipedia ↗ group article
Wikidata Q113465394 ↗ - Official social accounts
- LinkedIn ↗ · Facebook ↗ · Instagram ↗
Sources · 6 pages consulted
- ml-eu.globenewswire.com/Resource/Download/b0310de2-8d6c-465f-9670-6632bc7bd82b
- globenewswire.com/news-release/2026/07/23/3331883/0/en/OP-Corporate-Bank-plc-s-Half-year-Financial-Report-1
- globenewswire.com/news-release/2026/05/06/3288505/0/en/OP-Corporate-Bank-plc-s-Interim-Report-1-January-31-
- op.fi/documents/10208/541178/SSI-Commercial-Payments/1a1a7ebc-fc1f-a973-4dcf-9a659f1c6923
- op.fi/en/op-financial-group/debt-investors/corporate-governance-op-corporate-bank-plc/board-of-
- op.fi/en/op-financial-group/debt-investors/corporate-governance-op-corporate-bank-plc/president
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Katja Keitaanniemi CEO (Executive Vice President, Corporate Banking, OP Pohjola)
- Chair
-
Timo Ritakallio
Chair of the Board of Directors (President and Group CEO, OP Pohjola)
- Executive
- Jari Jaulimo Deputy to the EVP and CEO; Head of Transaction Banking
- Executive
- Mikko Timonen Board member (Chief Financial Officer, OP Pohjola)
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- European Union
- European Central Bank Prudential supervisor
- Finland
- Financial Supervisory Authority (Finanssivalvonta, FIN-FSA) Prudential supervisorAML supervisorConductSecurities
- European Union
- Single Resolution Board Resolution
Recent events
Researched 29 Sep 2026 · Sources
-
Other
The Finnish Government chose the bank as the state's main payment service provider for five years, starting from the beginning of 2027.
ml-eu.globenewswire.com ↗ -
Leadership
The shareholder re-elected Timo Ritakallio as board chair and appointed Hanna Porkka. Mika Kivimäki's board term ended.
globenewswire.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- OKOYFIHHXXX
- How the BIC breaks down
- OKOYBank
- FICountry · Finland
- HHLocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 549300NQ588N7RWKBP98
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
- National bank code
- Rahalaitostunnus (National ID) 500 + 99 more
Profile
- Type
- Credit institutionListed as a credit institution, or a branch of one, on the ECB’s list of supervised entities, or named as a bank on the Financial Stability Board’s G-SIB list, directly or as a G-SIB’s main operating bank. These are the only bank lists the directory tracks so far.
- Regulation
- Prudentially supervised (ECB list)Prudentially supervised, according to the ECB list of supervised entities (as at 2026-07-01). This is banking supervision, not a licence on a tracked register.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- Finland · Europe & Central Asia
- Banking supervision
- Significant · supervised by the ECB as of 2026-07-01
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
- Direct parent
- Op Osuuskunta · Finland7437003B5WFBOIEFY714 ↗
The Op Osuuskunta group has 6 institutions in the directory, in 4 countries: all hold a BIC.
Including Op Osuuskunta, Op Varainhoito OY.
See the Op Osuuskunta group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- GEBHARDINAUKIO 1 HELSINKI, ETELA- SUOMI 00510 FINLAND
- Operational address
- GEBHARDINAUKIO 1 HELSINKI 00510 HELSINKI FINLAND
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>OKOYFIHHXXX</BICFI>
<LEI>549300NQ588N7RWKBP98</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>OKOYFIHHXXX</BICFI>
<LEI>549300NQ588N7RWKBP98</LEI>
<Nm>OP CORPORATE BANK PLC</Nm>
<PstlAdr>
<TwnNm>HELSINKI</TwnNm>
<Ctry>FI</Ctry>
<AdrLine>GEBHARDINAUKIO 1 HELSINKI, ETELA- SUOMI 00510</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Payment schemes and systems
EPC registers of 2026-09-11 · ECB T2 list of 2026-07-02 · ECB TIPS list of 2026-09-01 · SIX Bank Master valid on 2026-09-28
| Scheme or system | Since | Registered with | Note |
|---|---|---|---|
| SEPA Credit TransferISO 20022 messages | 2008-01-28 | Head office | — |
| SEPA Instant Credit TransferISO 20022 messages | 2019-04-09 | Head office | — |
| SEPA Direct Debit CoreISO 20022 messages | 2010-11-01 | Head office | — |
| Verification of Payee | 2025-10-05 | Head office | — |
| T2 (Eurosystem real-time gross settlement)ISO 20022 messages | — | Head office | — |
| TIPS (TARGET Instant Payment Settlement)ISO 20022 messages | — | Head office | — |
SEPA dates are when the institution became ready for the scheme. The T2 list names direct participants only and gives no joining date. TIPS entries have no joining date.
An institution missing from T2 may still be reachable through an indirect participant. The ECB’s TIPS list does not separate participants from reachable parties. It includes institutions reachable in Swedish kronor as well as in euro.
“ISO 20022 messages” marks a scheme or system whose rulebook or operator specifies ISO 20022 for messages between participants.
National bank codes
Rahalaitostunnus (National ID) · Finland
Showing 10 of 100 codes file of 2026-03-16
| Code | Routes to BIC | Name in the national file |
|---|---|---|
| 500 | OKOYFIHH | OP CORPORATE BANK PLC |
| 501 | OKOYFIHH | OP CORPORATE BANK PLC |
| 502 | OKOYFIHH | OP CORPORATE BANK PLC |
| 503 | OKOYFIHH | OP CORPORATE BANK PLC |
| 504 | OKOYFIHH | OP CORPORATE BANK PLC |
| 505 | OKOYFIHH | OP CORPORATE BANK PLC |
| 506 | OKOYFIHH | OP CORPORATE BANK PLC |
| 507 | OKOYFIHH | OP CORPORATE BANK PLC |
| 508 | OKOYFIHH | OP CORPORATE BANK PLC |
| 509 | OKOYFIHH | OP CORPORATE BANK PLC |
Each code shows the name in the national file. Smaller banks often route through a central institution’s BIC. A code can therefore belong to a different bank than the one on this page.
Network
Branches and correspondent banking
One branch BIC connects to the head office. The bank publishes 38 accounts at other banks, across 7 regions.
- Own offices
- Correspondent banks: it holds accounts there
Hover over a branch, account or group to see its details
Correspondent accounts
Researched 29 Sep 2026 · Sources
38 accounts at other banks, in 30 currencies, for receipt of cover for commercial payments, as the bank publishes them: op.fi ↗ dated May 2024
| Currency | Correspondent | BIC | Account | Directory check |
|---|---|---|---|---|
| EUR | Citibank NA, London United Kingdom | CITIGB2L | — | Matches the Swift directory |
| EUR | Deutsche Bank AG, Frankfurt am Main Germany | DEUTDEFF | — | Matches the Swift directory |
| EUR | Raiffeisen Bank International AG Austria | RZBAATWW | — | Matches the Swift directory |
| AED | Abu Dhabi Commercial Bank PSJC, Abu Dhabi United Arab Emirates | ADCBAEAA | — | Matches the Swift directory |
| AUD | Australia and New Zealand Banking Group Limited Australia | ANZBAU3M | — | Matches the Swift directory |
| CAD | Royal Bank of Canada, Toronto Canada | ROYCCAT2 | — | Matches the Swift directory |
| CHF | UBS Switzerland AG, Zürich Switzerland | UBSWCHZH80A | — | Matches the Swift directory |
| CNH | Bank of China Limited, Frankfurt am Main Germany | BKCHDEFF | — | Matches the Swift directory |
| CNH | The Hong Kong and Shanghai Banking Corp. Ltd, Hong Kong Hong Kong SAR China | HSBCHKHHHKH | — | Matches the Swift directory |
| CNY | Bank of China Limited, Shanghai China | BKCHCNBJS00 | — | Matches the Swift directory |
| CNY | HSBC Bank (China) Co Ltd, Shanghai China | HSBCCNSH | — | Matches the Swift directory |
| CNY | Bank of China Limited, Frankfurt Am Main Germany | BKCHDEFFCLR | — | Matches the Swift directory |
| CZK | Ceskoslovenska Obchodni Banka AS, Prague Czechia | CEKOCZPP | — | Matches the Swift directory |
| DKK | Danske Bank A/S, Copenhagen Denmark | DABADKKK | — | Matches the Swift directory |
| GBP | The Royal Bank of Scotland Plc, London United Kingdom | RBOSGB2L | — | Matches the Swift directory |
| GBP | HSBC Bank Plc, London United Kingdom | MIDLGB22 | — | Matches the Swift directory |
| HKD | Hang Seng Bank Limited, Hong Kong Hong Kong SAR China | HASEHKHH | — | Matches the Swift directory |
| HUF | Raiffeisen Bank Zrt, Budapest Hungary | UBRTHUHB | — | Matches the Swift directory |
| ILS | Bank Hapoalim BM, Tel Aviv Israel | POALILIT | — | Matches the Swift directory |
| INR | Standard Chartered Bank, Mumbai India | SCBLINBB | — | Matches the Swift directory |
| JPY | MUFG Bank Ltd.,Tokyo Japan | BOTKJPJT | — | Matches the Swift directory |
| MAD | Attijariwafa Bank, Casablanca Morocco | BCMAMAMC | — | Matches the Swift directory |
| MXN | BBVA México, SA, Mexico Mexico | BCMRMXMMCOR | — | Matches the Swift directory |
| NOK | DNB Bank ASA, Oslo Norway | DNBANOKK | — | Matches the Swift directory |
| NZD | ANZ Bank New Zealand Limited New Zealand | ANZBNZ22 | — | Matches the Swift directory |
| PLN | PKO Bank Polski SA, Warsawa Poland | BPKOPLPW | — | Matches the Swift directory |
| RON | Raiffeisen Bank SA, Bucharest Romania | RZBRROBU | — | Matches the Swift directory |
| RSD | Raiffeisen Banka ad Beograd, Belgrade Serbia | RZBSRSBG | — | Matches the Swift directory |
| SAR | Riyad Bank, Riyadh Saudi Arabia | RIBLSARI | — | Matches the Swift directory |
| SEK | Svenska Handelsbanken AB (publ), Stockholm Sweden | HANDSESS | — | Matches the Swift directory |
| SEK | Skandinaviska Enskilda Banken AB, Stockholm Sweden | ESSESESS | — | Matches the Swift directory |
| SGD | DBS Bank Ltd., Singapore Singapore | DBSSSGSG | — | Matches the Swift directory |
| THB | Bangkok Bank Public Company Limited, Bangkok Thailand | BKKBTHBK | — | Matches the Swift directory |
| TND | Société Tunisienne de Banque SA, Tunis Tunisia | STBKTNTT | — | Matches the Swift directory |
| TRY | TÜRKİYE İŞ BANKASI AS, Istanbul Türkiye | ISBKTRIS | — | Matches the Swift directory |
| USD | Bank of America National Association, New York United States | BOFAUS3N | — | Directory name differs BANK OF AMERICA, N.A. |
| USD | The Bank of New York Mellon, New York United States | IRVTUS3N | — | Matches the Swift directory |
| ZAR | The Standard Bank of South Africa Limited, Johannesburg South Africa | SBZAZAJJ | — | Matches the Swift directory |
Two-page PDF headed 'List of our main reimbursing banks for receipt of cover for commercial transactions'. It gives the currency, the correspondent's BIC and name only, with no account numbers. The document says the bank receives EUR commercial payments through EBA as a direct clearing member, with TARGET or the listed EUR correspondents as alternatives. All 38 rows were extracted. The document is dated May 2024 and may be stale. A separate 2023 list for the Estonian branch exists on opbank.ee but was not extracted. Each correspondent BIC is checked against the Swift directory: a BIC missing from it, or registered to a differently named bank, may be a typo or out of date. Confirm settlement instructions with the bank before relying on them.
Branch codes
| BIC | Branch | City | Address | LEI | Updated |
|---|---|---|---|---|---|
| OKOYFIHHDCA | TIPS DCA | Helsinki | GEBHARDINAUKIO 1 HELSINKI 00510 HELSINKI FINLAND | — | 2021-04-03 |
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Payment schemes and systems—Source: European Payments Council (EPC) Registers of Participants; matched to BICs by Elucidate. Source: European Central Bank, List of T2 participants. Source: European Central Bank, List of TIPS participants and reachable parties.
- Banking supervision—Source: European Central Bank, list of supervised entities.
- Wikidata—CC0, matched on the BIC or LEI recorded in Wikidata. It is community-edited, so check key facts.
- National bank codes—Finland (Source: Finance Finland (Finanssiala)).
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- European registers—Source: European Central Bank (ECB), list of monetary financial institutions and list of institutions subject to minimum reserves. Source: European Securities and Markets Authority (ESMA), MiFID II/MiFIR register (investment firms, trading venues, systematic internalisers, data reporting services providers). Matched on LEI by Elucidate.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Timo Ritakallio: globenewswire.com (official website) · original.
Assess the financial crime risk behind a BIC
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