Suomen AsuntoHypoPankki explained

Suomen AsuntoHypoPankki
Type:Private
Foundation:2002
Location:Helsinki, Finland
Area Served:Finland
Industry:Financial services
Products:mortgage lending
Revenue:EUR 48.3 million (2006)
Net Income: EUR 18.7 million (2006)
Parent:The Mortgage Society of Finland (100%)

Suomen AsuntoHypoPankki is a Finnish bank specialized in mortgage lending. The parent company of Suomen AsuntoHypoPankki is Suomen Hypoteekkiyhdistys (lit. The Mortgage Society of Finland), a building society established in 1860. The Mortgage Society has more than 10,000 members.

Suomen AsuntoHypoPankki has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.[1] [2]

Notes and References

  1. Web site: European Central Bank . The list of significant supervised entities and the list of less significant institutions . 4 September 2014 .
  2. Web site: European Central Bank . List of supervised entities . 1 January 2023 .