European Payment Cards Yearbook

Finland - Summary

Market Overview

  
Payment Organizations Luottokunta (banksÕ main service provider), Finnish Bankers Association, Automatia (ATMs).
   
Market Structure Sophisticated market, with high levels of card use. Numbers of ATMs and cash withdrawals are declining.
   
Major Issuers Nordea, Pohjola Bank (formerly OKO Bank), Sampo Bank, Aktia Savings Bank.
   
Consumer Finance The market is growing strongly, with consumer credit outstanding increasing by approximately 50% during 2004-8. As well as local banks, Santander and Crˇdit Agricole are also present.
   

Key Statistics 2008

  
Population 5.3 million
Cards ATM: 367,000
Debit: 3.2 million plus 2.1 million on-line (Electron)
Credit and charge: 4.5 million
Retail: 2.6 million
Total: 12.8 million

 

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Purchase Profile

 

 

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