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In early 1992, both liquidity problems and structural weakness stemming from the communist era precipitated a banking crisis. As a result, effective bankruptcy legislation was enacted and privately owned; well-managed banks emerged as market leaders. Today, near-ideal conditions for the banking
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in 1919. It lost control during the Soviet period when banking was controlled from Moscow by Soviet powers. It was reestablished in 1990. As of 2022 it consists of the central bank and a number of commercial banks providing
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150:. Most of the banks in Estonia are actually sister enterprises of Swedish bank groups. However, e.g. LHV Bank is established in Estonia.
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As of 2017, the association has 13 member banks. As of 2017, operation rights have been given to 9 credit institution (
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On 20–22 June, the monetary reform of
Estonia took place. During the reform, Soviet roubles were exchanged to
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sector exist. Foreigners are not restricted from buying bank shares or acquiring majority holdings.
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In 1940, when
Estonia was incorporated to Soviet Union, the Bank of Estonia was nationalized.
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In 2004, Estonia became a member of
European Union. After joining, preparatory works for
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43:. Many of the commercial banks operating in Estonia are foreign banks primely from
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During Soviet period, banking in
Estonia was regulated by Soviet powers (see
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In 1992, 21 commercial banks established
Estonian Banking Association (
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30:. Banking started with the establishment of the central bank, the
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started. Since 2011, euro is the new currency in
Estonia.
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Bank of
Estonia was re-established on 1 January 1990.
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101:On 23 June 1992, Estonia became a member of
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255:"Eesti Pank 1939-1999" Eesti Pank, 1999.
209:Svenska Handelsbanken AB Estonian branch
154:Banks and credit institutions in Estonia
60:On 24 February 1919, the central bank –
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203:OP Corporate Bank plc Estonian branch
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336:"Finantsinspektsioon | Avaleht"
322:"Finantsinspektsioon | Avaleht"
308:"Finantsinspektsioon | Avaleht"
294:"Finantsinspektsioon | Avaleht"
280:"Finantsinspektsioon | Avaleht"
243:"Eesti Panga seadus–Riigi Teataja"
212:TF Bank AB (publ.) Estonian branch
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194:AS Citadele banka Estonian branch
206:Scania Finans AB Estonian branch
200:Nordea Bank AB Estonian branch
197:Folkefinans AS Estonian branch
134:). The most popular banks are
16:Overview of banking in Estonia
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353:Estonian Banking Association
190:Branches of foreign banks:
77:Banking in the Soviet Union
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223:List of banks in Estonia
160:List of banks in Estonia
436:Bosnia and Herzegovina
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171:Coop Pank aktsiaselts
174:TALLINNA Ă„RIPANGA AS
652:States with limited
64:– was established.
750:Banking in Estonia
41:financial services
20:Banking in Estonia
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388:Banking in Europe
266:"Eesti Pangaliit"
83:After restoration
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690:Dependencies and
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62:Bank of Estonia
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347:External links
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719:Isle of Man
654:recognition
628:Switzerland
563:Netherlands
186:Swedbank AS
177:AS SEB Pank
168:AS LHV Pank
144:Nordea Bank
45:Scandinavia
598:San Marino
558:Montenegro
538:Luxembourg
518:Kazakhstan
421:Azerbaijan
229:References
180:Bigbank AS
158:See also:
103:World Bank
709:Gibraltar
533:Lithuania
165:AS Inbank
744:Category
729:Svalbard
714:Guernsey
661:Abkhazia
613:Slovenia
608:Slovakia
583:Portugal
441:Bulgaria
217:See also
148:LHV Bank
140:SEB Bank
136:Swedbank
128:Estonian
110:Estonian
56:Pre-WWII
638:Ukraine
588:Romania
548:Moldova
506:Ireland
501:Iceland
496:Hungary
486:Germany
481:Georgia
471:Finland
466:Estonia
461:Denmark
446:Croatia
431:Belgium
426:Belarus
416:Austria
411:Armenia
406:Andorra
401:Albania
51:History
37:banking
28:Estonia
24:banking
22:covers
724:Jersey
666:Kosovo
633:Turkey
623:Sweden
603:Serbia
593:Russia
578:Poland
573:Norway
553:Monaco
523:Latvia
491:Greece
476:France
451:Cyprus
699:Ă…land
618:Spain
543:Malta
513:Italy
121:euro
39:and
146:ja
116:).
79:).
26:in
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381:e
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