ESTONIA
The Door to the Baltic Sea










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Chairman of the Board
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Hansabank in Estonia

Hansabank in Estonia started its independent operations in 1992

Hansabank in Estonia is holding a dominant position in the Estonian banking market. It owns 70% of retail deposits, 52% of corporate deposits and 53% market share by assets and loans. Hansabank has a dominant position in leasing and factoring market where it holds 62% of Estonian market share.
In Estonia, the advance of electronic service channels got a further boost and at the end of last year the bank had over 100.000 Internet Bank customers. Our aim is to remain the best Internet Banking provider in the Baltics. The popularity of remote channels enables us to offer both retail and corporate customers new personal product solutions while increasing the Group's efficiency through lower operating costs in the branch network.

In Estonia, our aim is to consolidate our strong market position while maintaining high profitability.


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© World INvestment NEws, 2000.
This is the electronic edition of the special country report on Estonia published in Forbes Global Magazine.

September 18th 2000 Issue.

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