Bank of Åland Plc is a Finnish commercial bank and banking group with over 700 employees and operations in Åland, Finland and Sweden. The bank was founded in 1919 and was listed on the stock exchange in 1942. Its president and CEO is Peter Wiklöf.
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Bank of Åland has 30 branch offices across Finland and Sweden and the number of retail and private banking customers is about 90,000. In Finland, Bank of Åland is a full service bank focused on private banking and premium banking. The Swedish branch, Ålandsbanken Sverige, has private banking and asset management as its main business areas. It was converted from a subsidiary into a branch on Dec. 1, 2011.
Bank of Åland has 19 branch offices on the Åland Islands. The branch offices in the Finnish mainland are located in Helsinki, Espoo, Turku, Pargas, Tampere and Vaasa. In Sweden, the branch offices are situated in Stockholm, Gothenburg and Malmö.
The Bank of Åland group includes wholly owned Crosskey Banking Solutions Ab Ltd, which is a Nordic provider of banking solutions with 150 employees and offices in Mariehamn, Stockholm, Helsinki and Turku. Other subsidiaries are Ålandsbanken Fonder AB, Ålandsbanken Fondbolag Ab, Ålandsbanken Asset Management Ab, Ålandsbanken Equities Ab, Alpha Management Company S.A. and Ab Compass Card Ltd Oy.
The group headquarters are located in Mariehamn on the Åland Islands. The Swedish head office occupies six floors of the classic property Stureplan 19, built in 1893–1895, in central Stockholm.