The Bank of Estonia is the central bank and central monetary authority of Estonia. It is a part of the Eurosystem. The bank of Estonia is a member of the European System of Central Banks. The Central Bank of Estonia was established in 1919. There are 16 banks in Estonia, 9 are licensed credit institutions and 7 branches are foreign credit institutions. The central bank of Estonia supervises all economical organizations and banks in Estonia.
Read Also: List of all Banks in Latvia
The Central Bank of Estonia
At a glance The Central Bank of Estonia all information
Established: 24 February 1919
Ownership: 100% state ownership
Governor: Madis Müller
Central bank of Estonia
Reserves: 300 million USD
Succeeded by: European Central Bank
List of all Bank in Estonia
There are very few banks in Estonia. Some banks are Licensed credit institutions and some are foreign credit institutions and their affiliate branches.
Licensed credit institutions in Estonia
Affiliated branches of foreign credit institutions
- Citadele banka Eesti filiaal
- Danske Bank A/S Eesti filiaal
- Pohola Bank olc Eesti filiaal
- Scania Finans AB Eesti filiaal
- Svenska Handelsbanken AB Eesti filiaal
For those who consider a career in the banking sector in Estonia, this is the top list of banks in Estonia is very helpful on where to start. To get more information, please refer to our list of financial institutions in Estonia.
Bigbank AS Bigbank was established in 1992 and committed to providing consumer loans and fixed deposits to individual and business customers in Estonia. It is calculated to be one of the largest private lenders in Estonia and the Baltic region after universal banks and leasing companies.
Coop Bank Coop Bank is a cooperative bank that was established in 2017, owned by local consumer cooperatives and its customers. The bank used to be AS Eesti Krediidipank, which mainly provides simple banking products for individuals and small and medium enterprises. Coop is one of the few banks in Estonia with a net loss in 2017.
LHV Bank LHV is the biggest domestic economical group in Estonia which was established in 1999. The bank mainly provides services to individuals, small and medium enterprises and institutional investors in the country. It has offices in Tallinn and Tartu. The bank has nearly 360 employees are serving more than 165,000 customers all over the country.
Swedbank Swedbank is the biggest bank in Estonia. The bank headquarters are located in Tallinn and are a subsidiary of the Swedish economical group Swedbank. It provides personal and corporate banking products and services.
Tallinn Business Bank Tallinn Commercial Bank is one of the oldest commercial banks in Estonia and it was established in 1991. The bank is serving personal, retail and corporate banking products and services, the bank also focuses on private individuals and small and medium enterprises. It has a head office and a branch.
These are the best and selected banks in Estonia. You can visit the banks as you need. All the links and information are updated herewith.