Group information - Aktia in brief

Aktia's roots date back to 1825, when Finland's first deposit bank saw the light of day. The first branch office was opened the following year 1986. Aktia was created in its current form at the beginning of the 1990s when the Savings Bank of Helsinki merged with a number of savings banks based in the coastal areas. Aktia is owned by Finnish savings bank foundations, institutions, savings banks and private individuals.

Aktia is a bilingual Finnish savings bank that responds to the needs of its customers: private individuals, local companies, municipalities, and non-profit organisations. Aktia's 84 branch offices are mainly situated on the coast and in growth areas like Tampere.

With its partners, savings banks and local co-operative banks, Aktia operates an extensive network of about 430 branch offices.

Aktia serves as the central financial institute for savings and local co-operative banks, it is engaged in deposit banking, and operates as an authorized securities broker with a comprehensive network of global correspondent banks. Aktia is approved by the Bank of Finland as counterparty for open market operations and is a party to the Bank of Finland's payments, liquidity and cheque account facilities.

The Aktia Group includes Aktia Asset Management Ltd, Aktia Corporate Finance Ltd, Aktia Fund Management Ltd, Aktia Real Estate Agencies, Aktia Kortti & Rahoitus Oy (Aktia Cards & Finance), Aktia Real Estate Mortgage Bank plc and Veritas Life Insurance Company Ltd.