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Net income from financial operations of credit institutions operating in Finland was EUR 6.6 billion in 2023

Release related to topics:Enterprises
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According to Statistics Finland, credit institutions engaged in banking in Finland accumulated EUR 25.3 billion in interest income in 2023, while it amounted to EUR 8.1 billion in the previous year. Interest expenses also grew significantly during 2023, from EUR 3.6 billion to EUR 18.7 billion. In 2023, credit institutions' operating profit was EUR 6.3 billion and their net income from financial operations calculated as the difference between interest income and expenses was EUR 6.6 billion.

Key selections

  • The net income from financial operations of credit institutions operating in Finland calculated as the difference between interest income and expenses was EUR 6.6 billion in 2023.
  • In 2023, the operating profit of credit institutions operating in Finland was EUR 6.3 billion.
  • In 2023, compensation paid by life insurance companies was on level with the previous year, EUR 4.4 billion.
  • Compensation paid by non-life insurance companies increased from EUR 2.8 billion in the previous year to EUR 3.3 billion in 2023.

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              Referencing instructions

              Structural business and financial statement statistics [online publication].
              Helsinki: Statistics Finland [Referenced: 5.11.2024].
              Access method:

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              Mira Kuussaari
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