Eesti Hoiupank

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Eesti Hoiupank (Estonian: Estonian Savings Bank) was an Estonian bank which operated from 1992 to 1998.

Overview

Hoiupank was created during the dissolution of the Soviet Union from the Estonian operations of the Savings Bank of the USSR.[1]: 25  In September 1996, Hoiupank initiated a merger with the Estonian Commercial Bank of Industry and Construction [et] (ETEK), the Estonian successor entity of the Soviet Promstroybank.[2] It was subsequently the third-largest bank in the country.[3] Hoiupank merged into Hansapank (currently Swedbank's Estonian subsidiary) in 1998.[4]

See also

References

  1. ↑ Khaled Sherif, Michael Borish, & Alexandra Gross (2003), State-Owned Banks in the Transition: Origins, Evolution, and Policy Responses (PDF), Washington DC: World Bank{{citation}}: CS1 maint: multiple names: authors list (link)
  2. ↑ "Annual Report 1996. Development of the Financial Sector". Eesti Pank.
  3. ↑ Hoiupank Archived 14 January 2008 at the Wayback Machine
  4. ↑ "Hansabank history | Swedbank". swedbank.com. Retrieved 20 December 2020.

External links

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