EQ Bank

eQ Bank Ltd
Type Private
Industry Financial Services
Founded 1998
Headquarters Helsinki, Finland
Area served Finland
Key people Antti Mäkinen (Managing Director)
Products Banking
Revenue EUR 48.3 million (2006)
Net income EUR 18.7 million (2006)
Employees 170 (2006)
Parent eQ Corporation, owned by Straumur Investment Bank
Website http://www.eqonline.fi

eQ Bank Abp, founded in 1998, is a Finnish bank specialising in internet brokerage and asset management for retail clients. The parent company of eQ Bank Abp, eQ Corporation, was acquired by Straumur Investment Bank in 2007 for approx EUR 260 mln. Nordnet bought eQ Bank Abp in May 2009 for SEK 400 mln (approx EUR 37 mln at the time).