Sampo Bank
From Wikipedia, the free encyclopedia
| Sampo Bank | |
|---|---|
 |
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| Type | Private |
| Founded | 1887 |
| Headquarters | Helsinki, Finland |
| Area served | Finland, Estonia, Latvia & Lithuania |
| Key people | Thomas F. Borgen (CEO) |
| Industry | Financial Services |
| Products | Banking |
| Revenue | EUR 723 million (2006) |
| Net income | ▲ EUR 354 million (2006) |
| Employees | 4,429 (2006) |
| Parent | Danske Bank |
| Website | http://www.sampopankki.fi/english/ |
Sampo Bank is a brand name for Danske Bank's Finnish and Baltic operations. Sampo Bank was acquired by the Danske Bank Group in 2007.
[edit] History
Sampo Bank traces its origins back to 1887, Originally the Finnish state-owned Post and Savings Bank, which accepted deposits from the public at its post offices. in 1999 the state owned bank was merged with Sampo PLC's insurance business to form the Sampo Group. The Banking unit was later acquired by Danske Bank in 2007, while the Sampo Group retained the insurance business. [1]
In March 2008, Sampo Bank was migrated onto the parent's IT platform. This caused both security and availability issues, at least temporarily. As an example, crackers were able to inject an image of Muhammad Saeed al-Sahhaf, the legendary Iraqi information minister, onto the Sampo e-bank.[1][2]
