OP Mortgage Bank

Finland EEA Member

OPMB is responsible for OP Financial Group's secured funding by issuing mortgage-backed covered bonds under its EUR 20 bn Euro Medium Term Covered Note programme.

OPMB published its Green Covered Bond Framework in November 2020 which allows it to issue Green Covered Bonds. The sector to be financed in accordance with the framework is energy-efficient residential buildings (‘Green Buildings’) and financing these projects will contribute to low-carbon infrastructure and the EU environmental objective of climate change mitigation.