OREANDA-NEWS. June 30, 2011. Pohjola Bank, a member of Finland's largest financial services group OP-Pohjola, has opened its first branch in Tallinn.

Set up exclusively for corporate clients, the branch handles payment services, capital and liquidity management, and investment financing, a company press release said. Its list of services is slated to expand later this year.

Pohjola has already been active in the Estonian market for some time, selling leasing services and non-life insurance through the OP-Pohjola's Seesam insurance company, which has been in operation since 1991. The new bank branch marks a significant step up in its local presence, however.