Sampo Bank

Sampo Bank

Infobox Company
company_name = Sampo Bank
company_
company_type = Private
foundation = 1887
location = Helsinki, Finland
key_people = Thomas F. Borgen (CEO)
area_served = Finland, Estonia, Latvia & Lithuania
industry = Financial Services
products = Banking
revenue = EUR 723 million (2006)
operating_income =
net_income = profit EUR 354 million (2006)
num_employees = 4,429 (2006)
parent = Danske Bank
subsid =
homepage = http://www.sampopankki.fi/en-fi/
footnotes =

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

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. [http://www.sampobanka.lv/en/about/sampo/history/]

In March 2008, Sampo Bank was migrated onto the parent's IT platform. This caused both security and availability issues, at least temporarily. [cite web|title= Sampo Uh-Oh|journal=The Daily WTF|date= 2008-08-05|url=http://thedailywtf.com/Articles/Sampo-UhOh.aspx|author=Alex Papadimoulis|accessdate = 2008-09-12] As an example, crackers were able to inject an image of Muhammad Saeed al-Sahhaf, the legendary Iraqi information minister, onto the Sampo e-bank. [cite journal
title = Parent takes pride while Sampo Bank site collapses
journal = blog.anta.net
date = 2008-03-25
url = http://blog.anta.net/2008/03/25/parent-takes-pride-while-sampo-bank-site-collapses/
issn = 1797-1993
accessdate = 2008-03-25
] [cite journal
title = Sampo e-bank humorously cracked
journal = blog.anta.net
date = 2008-03-27
url = http://blog.anta.net/2008/03/27/sampo-e-bank-humorously-cracked/
issn = 1797-1993
accessdate = 2008-03-27
]

References


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