OP Financial Group has started a process to streamline and simplify group structure in Finland and the Baltics. As a part of the process, the merger of leasing service provider OP Finance AS with OP Corporate Bank plc Estonian Branch has been initiated. It is planned to complete the merger process by the end of 2021.
The merger will not affect the existing leasing agreements, and customers do not have to take any additional actions right now. Upon completion of the merger OP Corporate Bank plc Estonian Branch will continue to provide leasing services, taking over from OP Finance AS also the existing leasing agreements and liabilities. Up-to-date information on the merger process will be provided to customers in due course.