S-Bank Plc (“S-Bank”) has, by application to the Redemption Board of the Finland Chamber of Commerce dated 9 October 2026, commenced redemption proceedings in respect of Oma Savings Bank Plc’s (“Oma Savings Bank”) minority shares by initiating arbitral proceedings in accordance with Chapter 18, Section 3 of the Finnish Limited Liability Companies Act in order to obtain ownership of all the issued and outstanding shares in Oma Savings Bank.
Due to S-Bank’s application for the above-mentioned arbitral proceedings, the Redemption Board of the Finland Chamber of Commerce has petitioned the District Court of Etelä-Pohjanmaa for the appointment of a trustee to supervise the interests of Oma Savings Bank’s minority shareholders in the arbitral proceedings. The Redemption Board of the Finland Chamber of Commerce has notified S-Bank that the District Court of Etelä-Pohjanmaa has, with its decision given on 6 November 2026, appointed attorney-at-law Petra Kansanaho to act as such trustee.
S-Bank’s notice, as referred to in Chapter 18, Section 5, Subsection 2 of the Finnish Limited Liability Companies Act, is attached to this release and is also available on the website of S-Bank at and on the website of Oma Savings Bank at . It will also be published in the National Official Journal of Finland (Virallinen lehti in the Finnish language) without delay.
Additional information:
S-Bank Plc
Riikka Laine-Tolonen, CEO, interview requests via communications
Tiina Nurmi, Chief Communications Officer, tel. +358 10 768 1689,
S-Bank Communications, tel. +358 10 767 9300,
ABOUT S-BANK
S-Bank is a well-capitalised bank and part of the domestic S Group. S-Bank was created as a bank for co-op members with the mission of ensuring that everyone has the possibility of a little more wealth. S-Bank offers its customers banking, financing and wealth management services and engages in mortgage banking operations. At the end of 2025, S-Bank had more than 3.4 million customers, of which 858,000 were active customers. S-Bank’s strategy is to grow the number of active customers and the share of customers who consolidate their banking activities with S-Bank, and to offer superior ease and benefits through a service model that combines digital and personal service. S-Bank employs approximately 1,200 experts.
Appendix 1: Notice under Chapter 18, Section 5, Subsection 2 of the Companies Act regarding redemption of minority shares