Suomen AsuntoHypoPankki is a Finnish bank specialized in

mortgage lending A mortgage loan or simply mortgage (), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any pur ...

. The parent company of Suomen AsuntoHypoPankki is Suomen Hypoteekkiyhdistys (''lit.'' The Mortgage Society of Finland), a

building society A building society is a financial institution owned by its members as a mutual organization, which offers banking institution, banking and related financial services, especially savings and mortgage loan, mortgage lending. They exist in the Unit ...

established in 1860. The Mortgage Society has more than 10,000 members. Suomen AsuntoHypoPankki has been designated as a Significant Institution since the entry into force of

European Banking Supervision European Banking Supervision, also known as the Single Supervisory Mechanism (SSM), is the policy framework for the prudential supervision of banks in the euro area. It is centered on the European Central Bank (ECB), whose supervisory arm is re ...

in late 2014, and as a consequence is directly supervised by the

European Central Bank The European Central Bank (ECB) is the central component of the Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's Big Four (banking)#International ...

References

Banks of Finland Banks established in 2002 Finnish companies established in 2002 {{Europe-bank-stub