OP is a Finnish financial services group whose mission is to promote the sustainable prosperity, security and well-being of its customers. OP provides its corporate and institutional customers with a diverse range of banking, non-life insurance and asset management services, and private individuals with an extensive range of non-life insurance and private banking services. OP's profitable growth enables a competitive Total Shareholder Return.
Focusing on profitability and an increase in company value, OP Financial Group is committed to strong capitalisation and a shareholderfriendly dividend policy
OP Financial Group operates through the following three business segments:
Within Banking, OP operates as a corporate bank for large and mid-size companies. At the end of 2013, the company's market share in corporate lending stood at 22.1%, i.e. OP ranks second among corporate lenders in Finland. The Group provides its domestic customers with a diverse range of financial, investment and payment transfer solutions, also at international level, and foreign customers with banking services for business needs in Finland and neighbouring regions. OP aims at market leadership as a bank for large corporate customers and, together with OP Financial Group member banks, as a bank for SMEs.
Within Non-life Insurance, OP provides private customers and corporate and institutional customers with a diverse range of insurance solutions. OP holds the leading position as a corporate and public-sector insurer. OP also leads the market in terms of premiums written. OP aims to continue to strengthen its market share eg through comprehensive customer relationships and intense cooperation with OP Financial Group member banks.
Asset Management provides asset management services for institutional and private clients and is mainly responsible for the portfolio management of OP mutual funds. OP Financial Group is Finland's leading provider of asset management services for institutional clients. Assets under its management totalled EUR 37.9 billion at the end of 2013.
OP is part of OP Financial Group, the leading financial services group in Finland. OP Financial Group is made up of independent member cooperative banks and the Group's central institution, OP-OP Group Central Cooperative, with its subsidiaries and closely related companies.