Sampo Housing Loan Bank plc
merged to Sampo Bank plc

2.1.2012

 

Sampo Housing Loan Bank plc merged to Sampo Bank plc

Sampo Housing Loan Bank plc (Business ID 1579488-6), a mortgage credit bank belonging to Sampo Bank Group, has merged with its parent company Sampo Bank plc (Business ID 1730744-7) effective 31 December 2011. 

As a result of the merger Sampo Bank has assumed all rights and obligations of Sampo Housing Loan Bank, including liability under the three outstanding issues of covered notes  with an aggregate principal amount of EUR 3 billion issued by Sampo Housing Loan Bank.

Financial Supervisory Authority has granted Sampo Bank a license for mortgage credit bank operations on 25 November 2011.

For additional information please contact:

Aki Palo, Head of Credit, Sampo Bank plc. Telephone +358  10 546 8063
Jari Raassina, Vice President, Sampo Bank plc. Telephone +358 10 546 8103