Estonian subsidiary of Swedbank has 43% of the total loan market in Estonia, the bank announced, as of end-Jun. SEB Pank accounted for 23% of total loan portfolio, Nordea accounted for 15% and Danske bank's subsidiary accounted for 12% of the loan market. Four biggest banks accounted for 90% of the loan market. In the deposits market Swedbank controlled 47% market share, SEB Pank controlled 20%, Danske controlled 16% and Nordea 7% of the deposits as of end-June. 90% of the deposits market has been controlled by the four biggest banks. |
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Estonian national airline Estonian Air recorded net loss of EUR 49.2mn in 2012, up from net loss of EUR 17.3mn in 2011. Operating loss amounted to EUR 35.8mn in 2012. Revenues of the company ... more
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Estonian national airline Estonian Air announced that it agreed to pay penalties for returning two excess Embraer E190 aircrafts to the manufacturer. The company has started restructuring and ... more