# FIM

> former Finnish private bank

**Wikidata**: [Q10493377](https://www.wikidata.org/wiki/Q10493377)  
**Source**: https://4ort.xyz/entity/fim

## Summary
FIM was a former Finnish private bank, established in 1987 by Seppo Sairanen and headquartered in Helsinki. Operating as an osakeyhtiö, it functioned as a public company, listing its securities on Nasdaq Helsinki Ltd for a period before being acquired by Glitnir and later S-Bank, into which it eventually merged. The entity was dissolved in 2021.

## Key Facts
*   FIM was founded in 1987.
*   It was established by Seppo Sairanen.
*   The entity was a former Finnish private bank.
*   Its headquarters were located in Helsinki, Finland.
*   FIM operated under the legal form of an osakeyhtiö.
*   It was an instance of a public company, meaning it offered its securities for sale to the general public.
*   FIM was listed on Nasdaq Helsinki Ltd from April 2006 to August 2007.
*   It was owned by Glitnir from 2007 to 2008.
*   FIM was owned by S-Bank starting in August 2013.
*   The entity merged into S-Bank.
*   FIM was dissolved, abolished, or demolished in 2021.
*   Its country of origin was Finland.

## FAQs
**What was FIM?**
FIM was a private bank that originated in Finland. It was founded in 1987 and operated as a public company for a period, listing its securities on a stock exchange.

**Who founded FIM and where was it based?**
FIM was founded by Seppo Sairanen. Its headquarters were located in Helsinki, the capital of Finland.

**When was FIM a public company?**
FIM was listed on Nasdaq Helsinki Ltd, functioning as a public company, from April 2006 until August 2007. This allowed its securities to be traded by the general public.

**What happened to FIM over time?**
FIM underwent changes in ownership, being owned by Glitnir from 2007 to 2008, and subsequently by S-Bank starting in August 2013. It eventually merged into S-Bank and was dissolved in 2021.

## Why It Matters
FIM's existence as a private bank in Finland contributed to the diversity of financial services available in the region, catering to specific client needs. Its transition to a public company for a period highlights its engagement with public capital markets, allowing it to raise funds from a broader investor base. The subsequent acquisitions by Glitnir and S-Bank, culminating in its merger and dissolution, illustrate the dynamic nature of the financial sector, including consolidation trends and strategic realignments among institutions. Its history provides insight into the evolution of banking entities within the Finnish economic landscape.

## Notable For
*   Being a private bank established in Finland.
*   Its period as a public company, with shares traded on Nasdaq Helsinki Ltd.
*   Its founding by Seppo Sairanen in 1987.
*   Its acquisition by Glitnir and later by S-Bank.
*   Its eventual merger into S-Bank and dissolution in 2021.

## Body

### Overview and Foundation
FIM was a financial institution identified as a former Finnish private bank. It was established in 1987 by its founder, Seppo Sairanen. The bank operated under the legal form of an osakeyhtiö, which is a type of limited company in Finland. Its primary operational base and headquarters were situated in Helsinki, Finland.

### Operational Status and Public Listing
For a specific period, FIM functioned as a public company. This classification indicates that it offered its securities, such as stocks, for sale to the general public, typically through a stock exchange. FIM was listed on Nasdaq Helsinki Ltd, with its public trading phase spanning from April 2006 to August 2007. This allowed a broader range of investors to acquire ownership stakes in the bank.

### Ownership Changes and Mergers
Over its operational lifespan, FIM experienced significant changes in its ownership structure. From 2007 to 2008, the bank was owned by Glitnir. Subsequently, starting in August 2013, ownership transferred to S-Bank. This change in ownership ultimately led to FIM being merged into S-Bank. The entity was officially dissolved, abolished, or demolished in 2021, marking the end of its independent existence.

### Geographic and Digital Presence
FIM's country of origin was Finland, where it also maintained its headquarters. The entity has a digital footprint, indicated by a sitelink count of 2. It is also documented in various language editions of Wikipedia, specifically in Finnish (fi) and Swedish (sv). Its presence in the Google Knowledge Graph is identified by the ID /g/1214g6j8, and its Wikidata description succinctly defines it as a "former Finnish private bank."