Profit Share

As an owner-customer, you can invest in your bank and earn competitive interest on your investment.
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Additional interest rate of 1.2% added to return target for Profit Shares in 2022

We will celebrate OP Financial Group’s 120th anniversary this year. In honour of this, we are offering owner-customers like you the possibility of an additional interest rate on Profit Shares. On this basis, the return target for 2022 will total 4.45%, compared to 3.25% in 2021. 

The interest will be paid if the return target and distribution criteria are fulfilled.

The return target for 2023 will be confirmed at the end of 2022.

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A Profit Share is an investment in your OP cooperative bank’s equity capital. By subscribing for Profit Shares, you will strengthen your bank’s capital adequacy and support local business. We will seek to pay you the highest possible interest rate.

The return target for 2022 is 3.25% + additional interest rate of 1.20% or a total of 4.45%.

What is a Profit Share?

  1. A Profit Share is an equity contribution to your OP cooperative bank as referred to in the Co-operatives Act. It strengthens the bank’s capital adequacy and gives you the chance to benefit from its success. 
  2. Each year, we seek the best, most competitive interest rate possible for Profit Shares. The Representative Assembly or Annual Cooperative Meeting decides afterwards on the interest payable for each calendar year.
  3. The minimum investment is 100 euros and the maximum is set by each OP cooperative bank. 
  4. When investing in Profit Shares, you should be prepared for an investment period of at least three years. 
  5. A Profit Share is not a deposit and is not protected by the deposit guarantee. 

How can I invest in Profit Shares?

  1. As an OP cooperative bank owner-customer, you can invest in your bank’s Profit Shares during their subscription period. It is a period during which you can buy Profit Shares.
  2. Please note that each bank has its own subscription periods. See your bank’s website to check its Profit Share issue dates. 
  3. Subscribe by visiting your OP cooperative bank branch, booking an appointment or calling OP Customer Service at 0100 0500 (Mon–Fri 8–16, local/mobile network rate). 
  4. Each OP cooperative bank independently decides whether corporate and institutional customers can become owner-customers and invest in Profit Shares. 

What else should you remember when investing in Profit Shares?

  1. The aim is to pay interest on Profit Shares in line with the return target but it cannot be guaranteed.
  2. Interest payment and its amount always depend on the bank's financial performance. The Representative Assembly or Annual Cooperative Meeting decides annually afterwards on the interest payable.
  3. Interest on Profit Shares is paid out of the distributable surplus under the Co-operatives Act. A cooperative bank does not necessarily generate a surplus every year. It is also possible that the distributable surplus remaining with the cooperative bank is larger than the amount of interest payable on Profit Shares.
  4. Taxation of Profit Shares is lighter than for many other investments. The interest is considered capital income for personal taxation purposes. Taxation is based on each customer’s circumstances and can change.
  5. For information on taxation of corporations and institutions, see vero.fi.
  6. You can dispose of your Profit Shares by terminating them. The repayment period for Profit Shares is 12 months from the end of the termination year.
  7. Profit Shares are not capital-protected products and their repayment is subject to certain conditions. You can even lose the capital you have invested, either in part or in full. The aggregate capital of Profit Shares can be used to cover the losses of the bank or OP Financial Group’s central cooperative and its member banks. The bank also has the right, under its bylaws, to refuse refunding the shares.
  8. If Profit Shares cannot be refunded in their entirety, an OP cooperative bank has the right, under its bylaws, to make a refund afterwards during the next five financial years, after which the right to make such a refund afterwards expires.
  9. OP Financial Group is one of Europe’s strongest banks in terms of capital adequacy – our CET1 ratio was strong at 19.0% at the end of September 2021.

  10. Profit Shares cannot be freely transferred. They can only be transferred to another owner-customer of the OP cooperative bank in question. Profit Shares are not quoted on a secondary market.

  11. Profit Shares do not bring OP bonuses.

When booking an appointment, select Investments as the topic. This will take you directly to the right specialist.

Owner-customer benefits as of 1 January 2021

  • Book-entry account and custody €0: Custody of Finnish and foreign shares and ETFs without monthly charges. 
  • Buy and sell fund units €0: Buy, sell and switch nearly all of our funds without costs and earn OP bonuses by investing in mutual funds.*
  • Benefits from equity trading: 
    • A 1% brokerage fee cap on Finnish and Swedish shares and securities – shares, warrants and ETFs.
    • Brokerage fee 0.05–0.17, i.e. the more you trade, the lower your trading costs. The benefits mentioned above are available on OP-mobile, OP Business mobile and at op.fi (in Finnish for personal customers).
  • New benefit: Equity analyses €0: Free equity and market analysis.
  • Benefits of saving through insurance: Take out an insurance policy, switch between investment instruments and transfer funds free of charge. Earn OP bonuses from unit-linked insurance assets.

*No OP bonuses will accrue from the R2 Crystal Fund nor from institutional series of funds.

OP bonuses

In addition to OP bonuses earned through saving and investment, owner-customer earn bonuses from

  • loans
  • funds in accounts
  • insurance premiums for home, family and motor vehicle policies.

From 1 November 2020, OP bonuses will accrue from:

  • home loans, secured bank loans, student loans
  • savings and investment accounts
  • mutual fund units and unit-linked insurance
  • non-life insurance bills

The change on 1 November 2020 means that no OP bonuses will accrue from:

  • deposits in current accounts
  • unsecured consumer loans (Flexible Consumer Credit, Special Consumer Credit, One-off Credit and Overdraft Facility)
  • OP hire purchase
  • Purchases paid using OP Visa as a credit card, the balance of credit with interest of OP-Visa and OP Duo cards

OP bonuses are used for the bank’s service charges and insurance premiums.


The return target cannot be used for making reliable assumptions about future returns. The return target does not take into account tax, fees or other costs. The Profit Share is provided by OP cooperative bank.