The Finnish banking sector remained highly concentrated in 2023, with the five largest banks controlling around 80 percent of total banking assets, though this represented a slight decrease from 2022. Despite fluctuating significantly over the years, the overall concentration in Finland's banking sector showed a downward trend between 1999 and 2023.
Share of total assets of the five largest credit institutions in Finland from 1999 to 2023
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ECB. (November 10, 2024). Share of total assets of the five largest credit institutions in Finland from 1999 to 2023 [Graph]. In Statista. Retrieved June 07, 2025, from https://www.statista.com/statistics/1559415/finland-market-concentration-banks-asset/
ECB. "Share of total assets of the five largest credit institutions in Finland from 1999 to 2023." Chart. November 10, 2024. Statista. Accessed June 07, 2025. https://www.statista.com/statistics/1559415/finland-market-concentration-banks-asset/
ECB. (2024). Share of total assets of the five largest credit institutions in Finland from 1999 to 2023. Statista. Statista Inc.. Accessed: June 07, 2025. https://www.statista.com/statistics/1559415/finland-market-concentration-banks-asset/
ECB. "Share of Total Assets of The Five Largest Credit Institutions in Finland from 1999 to 2023." Statista, Statista Inc., 10 Nov 2024, https://www.statista.com/statistics/1559415/finland-market-concentration-banks-asset/
ECB, Share of total assets of the five largest credit institutions in Finland from 1999 to 2023 Statista, https://www.statista.com/statistics/1559415/finland-market-concentration-banks-asset/ (last visited June 07, 2025)
Share of total assets of the five largest credit institutions in Finland from 1999 to 2023 [Graph], ECB, November 10, 2024. [Online]. Available: https://www.statista.com/statistics/1559415/finland-market-concentration-banks-asset/
