Founding of hansabank Group |
Hansabank Group consists of three banks in each Baltic state: in Estonia (Hansabank), in Latvia (Hansabanka) and in Lithuania (Hansabankas). The concern has approximately 900,000 private clients and 50,000 business clients.
Hansabank Group's founding history |
June 1991
Hansabank in Estonia was established as an affiliate of the local bank Tartu Kommertspank
January 1992
Hansabank started independent operations in Estonia
August 1994
first international share issue was held
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June 1996
100% of Deutsche Lettische Bank (currently Hansabanka in Latvia) was purchased
July 1998
Estonian Savings Bank was merged with Hansabank
Autumn 1998
Swedbank became Hansabank's strategic owner (current holding 52,64%)
July 1999
Hansabankas in Lithuania was established |