Ålandsbanken

Ålandsbanken

Headquarters:
Mariehamn, Åland, Finland

Founded:
1919

Website:
http://www.alandsbanken.com

Ålandsbanken

Bank of Åland Plc

Ålandsbanken (Bank of Åland) was founded 1919 by Åland entrepreneurs of the time who wanted their own bank on Åland. The name was then Ålands Aktiebank and in 1942 it was registered on the Helsinki Stock Exchange. The development has been stable and favourable. The head office is still located in Mariehamn in Åland, but we have gradually expanded our horizons. First to Helsinki, where we in 1982 were the first bank in Finland to offer the Private Banking service. During the 1990s, after a banking crisis in which the Bank of Åland was the only bank in Finland to survive without bank support, we expanded our operations with as many as seven new offices. Today the Bank of Åland has six offices on the Finnish mainland: in Helsinki, Tampere, Vaasa, Turku, Pargas and Oulu. After the strong establishment in Finland, it felt natural to start looking towards Sweden. We continued our tradition of utilising weak market positions for expansion by establishing ourselves through an acquisition in 2009. This created a platform for our operations in Sweden, which now have offices in Stockholm, Gothenburg and Malmö. Our Group has around 1 000 employees and includes our two subsidiaries, all of which have activities closely related to banking.

  • Stock exchange listed bank, established 1919
  • Head Office in Mariehamn, Åland
  • Offices on the Finnish mainland: Helsinki, Espoo, Turku, Parainen, Tampere , Vaasa and Oulu
  • Offices in Sweden: Stockholm, Malmö and Gothenburg
  • Shareholders approx. 14 500
  • Employees approx. 1 000
  • Managing Director Peter Wiklöf
Subsidiaries
  • Crosskey Banking Solutions Ab Ltd
  • Ålandsbanken Fondbolag Ab
Corporate motto
  • Create value for ambitious individuals and companies that appreciate relations.
Innovative pioneer
  • Equity index bonds, convertive equity index bonds.
  • Only bank in Finland with Baltic Sea Account – interest for you, bonus to the nature. Every year Bank of Åland donates an amount (equal to 0,2 % of the total amount of environment account deposits) to environmental protection projects.
  • First to introduce deposit account with Prime interest rate.
  • First to apply modern portfolio theory in asset management for individual customers.
  • Customized financing plan.
  • First to introduce Premium Banking and Private Banking in Finland.
Honours and awards
  • Finland´s best Private Banking third year in a row in Kantar Prospera's Private Banking survey 2021, 2022, 2023

Contact

For further information about Ålandsbanken, please call the bank, Head Office +358 (0)18 29 011 or email info@alandsbanken.com