Aktia Bank Structure and Industry Insights

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Aktia Bank has a long history dating back to 1828, making it one of the oldest banks in Finland.

The bank's structure has evolved over the years, with a significant milestone being its demerger from Sampo Group in 2017.

Aktia's business model focuses on providing banking services to private individuals and small and medium-sized enterprises (SMEs) in Finland.

With a strong presence in the Finnish market, Aktia has a significant share of the country's private banking market.

Ownership and Structure

Aktia Bank is owned by a diverse group of stakeholders, including Finnish Aktia- and savings bank foundations, institutions, and private individuals. These foundations hold a significant portion of the shares.

The ownership structure of Aktia Bank is broken down into several sectors, including companies, financial institutions, the public sector, households, non-profit organizations, and foreign owners. Here's a snapshot of the ownership distribution:

Ägarna

Aktia is owned by a variety of entities, including Finnish Aktia- and savings bank foundations, institutions, and private individuals. The foundations hold a significant portion of the shares.

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Finnish Aktia- and savings bank foundations are the largest shareholders, owning a substantial number of shares. In fact, they own 22% of the total shares.

The ownership structure is diverse, with different sectors holding a significant number of shares. Here's a breakdown of the ownership by sector:

These sectors hold a significant portion of the total shares, with households and non-profit organizations being the largest shareholders after the foundations.

Plc

Plc companies like Aktia Bank operate in specific regions, as seen in Aktia Bank's case where the vast majority of its customer base lives in the Helsinki metropolitan area.

The identifier for Aktia Bank is HEL:AKTIA, which is a unique identifier for the company.

Aktia Bank's business segments include banking business and asset management, with the majority of revenue coming from the banking business segment.

This structure suggests that the company's focus is on providing banking services to its customers.

The banking business segment includes individual, corporate, and institutional customers, indicating a wide range of services offered by the company.

Industry and Performance

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Aktia Bank offers a wide range of services to its customers, including bank services and financial services, capital management services, and investment products.

The bank provides these services to individual customers, businesses, and organizations, as well as institutions.

Aktia also offers its customers life insurance, disability insurance, and severe illness protection, providing comprehensive financial security.

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Verksamhet

Aktia offers a wide range of services to its customers, including bank services and financial services to individuals, businesses, and organizations.

The company also provides capital management services and investment products to its clients.

Aktia offers life insurance, disability insurance, and critical illness insurance to its customers.

Its services cater to the diverse needs of its clients, providing them with a one-stop solution for their financial requirements.

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Industry Comparison

In the banking industry, ESG (Environmental, Social, and Governance) risk ratings can vary significantly. The ESG Risk Rating for Aktia Bank Plc is 26.1, classified as Medium.

This rating is relatively low compared to some of its peers. Central Pacific Financial Corp. and HBT Financial, Inc. have higher ESG Risk Ratings of 27.8 and 27.9, respectively, both classified as Medium.

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Industry rankings can also provide insight into a bank's performance. In this case, Aktia Bank Plc ranks 510 out of 1024, while CrossFirst Bankshares, Inc. ranks 585 out of 1024.

Here's a summary of the ESG Risk Ratings and industry rankings for the banks mentioned:

Business First Bancshares, Inc. stands out with a higher ESG Risk Rating of 30.4, classified as High.

Exposure

Exposure is a key factor in understanding a company's material ESG issues.

Aktia Bank Plc has a Medium Exposure score, which takes into consideration subindustry and company-specific factors such as its business model.

Companies with high exposure are more vulnerable to ESG risks and opportunities.

This is because their business models are more directly impacted by ESG issues.

A company's exposure can affect its overall performance and reputation.

In the case of Aktia Bank Plc, its Medium Exposure score suggests a moderate level of vulnerability to ESG risks.

Understanding a company's exposure is essential for investors and stakeholders who want to assess its ESG performance.

By considering a company's exposure, you can gain a better understanding of its potential risks and opportunities.

Management and Security

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Aktia Bank has a robust approach to managing its ESG issues, with its management score assessed as Average.

The bank takes information security extremely seriously, requiring its partners to meet high standards in this area. Zefort's operations were certified to ISO 27001, meeting Aktia's requirements.

Aktia found Zefort's cloud service to be modern, intuitive, and easy to use, with functionalities that matched the bank's expectations.

Samhället

In the community, Aktia collaborates with various organizations, including authorities, industry associations, scientific societies, schools, and universities. They support local cultural events and sports activities.

Aktia publishes an annual corporate responsibility report, detailing their efforts to promote sustainable development in society. This report is part of the 2021 Annual Report.

As a bank, Aktia is part of the Finnish banking industry. It's listed on the Helsinki Stock Exchange, which is home to a number of notable companies.

The banking industry in Finland has a long history, dating back to 1826 when the first banks were established.

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Management

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Effective management is key to ensuring the security of a company.

Management refers to how well a company is managing its relevant ESG issues.

Aktia Bank Plc's Management of ESG Material Risk is Average, indicating a need for improvement in this area.

Good management involves assessing the robustness of a company's ESG programs, practices, and policies.

Our management score assesses the robustness of a company's ESG programs, practices, and policies.

Security and Usability

Zefort's solution met Aktia's high requirements for information security and data privacy by having ISO 27001 certified operations and technical security features.

The user interface in Zefort's cloud service was found to be modern, intuitive, and easy to use, meeting Aktia's expectations.

Zefort's team was very cooperative and available even on short notice, which was a key factor in the smooth deployment project.

Aktia was able to take the service into use easily and quickly, without disturbances to their other processes or functions.

Digital Transformation

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Aktia Bank is embracing digital transformation, and it's a key part of their strategy. They're looking for modern solutions that match their vision.

Zefort, a growth company, has partnered with Aktia to provide a cutting-edge contract management service. This partnership is a great example of how two companies can come together to achieve their goals.

Aktia was impressed by Zefort's innovative approach, modern technology, and attitude, which convinced them that Zefort was the perfect partner. They wanted a company that shared their enthusiasm for digitalization.

Aktia's Legal Business Partner, Jarno Koskimäki, is thrilled with the partnership, saying it's fantastic to have a world-class service with cutting-edge technology and a stylish user experience tackling contract management problems.

Frequently Asked Questions

Where is Aktia?

Aktia has a presence in various locations across Finland, including Helsinki, Turku, Tampere, Vaasa, and Oulu, as well as internationally through digital channels. We're a Finnish company with a strong local presence and a global reach.

Carolyn VonRueden

Junior Writer

Carolyn VonRueden is a versatile writer with a passion for crafting engaging content on a wide range of topics. With a keen eye for detail and a knack for research, Carolyn has established herself as a reliable voice in the world of finance and travel writing. Her portfolio boasts a diverse array of article categories, from exploring the benefits of cash cards to delving into the intricacies of Delta SkyMiles payment options.

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