Sampo Bank

Type	Private
Founded	1887
Headquarters	Helsinki, Finland
Area served	Finland & Estonia
Key people	Thomas F. Borgen (CEO)
Industry	Financial Services
Products	Banking
Revenue	EUR 723 million (2006)
Net income	▲ EUR 354 million (2006)
Employees	4,429 (2006)
Parent	Danske Bank
Website	http://www.sampopankki.fi/en-fi/

Sampo Bank is a brand name for Danske Bank's Finnish and Estonian operations. Sampo Bank was acquired by the Danske Bank Group in 2007.

[edit] History

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 Mohammed Said 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].

[edit] References