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Sampo Bank

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Sampo Bank
Type Private
Founded 1887
Headquarters Helsinki, Finland
Area served Finland & Estonia
Key people Thomas F. Borgen (CEO)
Industry Financial Services
Products Banking
Revenue EUR 723 million (2006)
Net income EUR 354 million (2006)
Employees 4,429 (2006)
Parent Danske Bank
Website http://www.sampopankki.fi/en-fi/

Sampo Bank is a brand name for Danske Bank's Finnish and Estonian operations. Sampo Bank was acquired by the Danske Bank Group in 2007.

[edit] History

Sampo Bank traces its origins back to 1887, Originally the Finnish state-owned Post and Savings Bank, which accepted deposits from the public at its post offices. in 1999 the state owned bank was merged with Sampo PLC's insurance business to form the Sampo Group. The Banking unit was later acquired by Danske Bank in 2007, while the Sampo Group retained the insurance business. [1]

In March 2008, Sampo Bank was migrated onto the parent's IT platform. This caused both security and availability issues, at least temporarily.[1][2] [3]

[edit] References

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