Finland's Oma Savings Bank plans to merge with Eurajoen Savings Bank.

NORDIC BUSINESS REPORT-April 7, 2021-Finland's Oma Savings Bank plans to merge with Eurajoen Savings Bank

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Oma Savings Bank plc (OmaSp) (HEL:OMASP) said on Wednesday that it is continuing merger negotiations with Eurajoen Savings Bank.

It comes after the Finnish bank announced in November 2020 that it was in talks to merge Eurajoen and Mietoinen Savings Banks into Oma Savings Bank.

The merger negotiations with Mietoinen Savings Bank have now come to an end, but negotiations are proceeding with Eurajoen Savings Bank and decisions on unification will be made by the governing bodies of both banks during the second quarter of the year.

"The merger with Eurajoen Savings Bank will further strengthen our bank's profit-making ability and expand our service network in Satakunta, particularly in the economic regions Pori and Rauma," said Pasi Sydänlammi...

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