Danske Bank (Finland and Estonia)

From Wikipedia, the free encyclopedia
Jump to: navigation, search
This article is about the bank now owned by Danske Bank. For the insurance company (its former parent), see Sampo Group.
Danske Bank
Type Private
Industry Financial services
Founded 1887
Headquarters Helsinki, Finland
Area served Finland & Estonia
Key people Thomas F. Borgen (CEO)
Products Banking
Revenue EUR 723 million (2006)
Net income Increase EUR 354 million (2006)
Employees 4,429 (2006)
Parent Danske Bank
Website www.danskebank.fi
www.danskebank.ee

Danske Bank, formerly Sampo Bank, is Danske Bank's Finnish and Estonian operations. Sampo Bank was acquired by the Danske Bank Group in 2007.

History[edit]

A Sampo bank in Tapiola in Finland

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 temporarily caused both security and availability issues,[1][2] during which an unknown individual was able to inject "an image of Muhammad Saeed al-Sahhaf, the legendary Iraqi information minister, onto the e‑banking site (...). This guest star was not chosen at random, but refers to the bank having repeatedly denied more subtly reported vulnerability examples".[3]

References[edit]

  1. ^ "Parent takes pride while Sampo Bank site collapses". blog.anta.net. 2008-03-25. ISSN 1797-1993. Retrieved 2013-10-15. 
  2. ^ "Sampo Uh-oh". The Daily WTF. 2008-08-05. ISSN 1797-1993. Retrieved 2009-05-05. 
  3. ^ "Sampo e-bank humorously cracked". blog.anta.net. 2008-03-27. ISSN 1797-1993. Retrieved 2008-03-27. 

External links[edit]