Eesti Hoiupank Explained

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.

In September 1996, Hoiupank initiated a merger with the (ETEK), the Estonian successor entity of the Soviet Promstroybank.^[1] It was subsequently the third-largest bank in the country.^[2]

Hoiupank merged into Hansapank (currently Swedbank's Estonian subsidiary) in 1998.^[3]

See also

• Latvijas Krājbanka
• Lietuvõs Taũpomasis Bánkas

External links

• AAAdir entry

Notes and References

1. Web site: Eesti Pank . Annual Report 1996. Development of the Financial Sector.
2. http://www.ebrd.com/projects/psd/psd1997/4642.htm Hoiupank
3. Web site: Hansabank history Swedbank . swedbank.com . 20 December 2020 . en.