FinancialStability

Lithuanian govt in favor of obliging banks to also provide fixed-rate loans

The Lithuanian government on Friday agreed to oblige financial institutions to provide consumers with a real opportunity to choose the type of credit interest rates and to get loans with [..]

Luminor: People still aspiring to own their home in Estonia despite economic challenges

Data on issued mortgage loans indicate that acquiring a home remains a priority for people even in the current challenging economic climate, somewhat aided by the real estate price surge [..]

Fitch affirms Estonia at A+, outlook stable

Fitch Ratings has affirmed Estonia’s long-term foreign-currency issuer default rating (IDR) at A+ with a stable outlook. Estonia’s A+ ratings reflect strong governance standards and institutions underpinned by EU and [..]

Estonian society is not feeling the crisis yet, but the industry is struggling

Journalist’s Ain Alvela interview with Mihkel Nestor, an economic analyst at SEB Bank Over the past three years, the Estonian economy has been hit by several setbacks – while after [..]

Less than 0.5% of SEB Banka’s clients are in arrears – CEO

The share of SEB Banka’s clients in arrears due to rising loan interest rates is less than 0.5 percent, SEB Banka CEO Ieva Tetere told LETA. In her opinion, it [..]

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