Tag Archives: Eesti Pank

Eesti Pank Economist Mari Tamm: Loan and lease portfolio of Estonian companies and households in July 2016 5.3% larger than a year earlier

The loan and lease portfolio continued to increase relatively quickly in July, growing by 5% over the year The average interest rate on loans has risen slightly in recent months The volume of deposits was 7.3% larger in July than … Read the full press release

Eesti Pank: Consumer prices in Estonia mainly reflect the consequences of the fall in the oil price

The fall in the price level was again mainly due to cheaper energy Services prices are rising, reflecting wage and inflation pressures in Estonia The price of industrial goods has not reacted to rises in incomes and demand The consumer … Read the full press release

Eesti Pank to mark the 100th anniversary of the birth of the great chess player Paul Keres with specially designed two-euro commemorative coin

The two-euro circulation coin dedicated to the 100th anniversary of the birth of Paul Keres will be issued on 7 January Coins will be available from the Eesti Pank museum and online shop from 12.00 noon on 8 January The … Read the full press release

Eesti Pank: IMF projected the near-term potential output growth of the Estonian economy at 3% per year

At the end of its recently finished annual visit to Estonia to assess Estonian economic policy, the IMF projected the near-term potential output growth of the Estonian economy   at 3% per year, which is slightly below the estimate of Eesti … Read the full press release

Eesti Pank: Statistics Estonia data shows the average gross monthly wage increased by 5.3% over the year in the fourth quarter of 2014

Tallinn, Estonia, 27-02-2015 — /EuropaWire/ — Data from Statistics Estonia show that the average gross monthly wage increased by 5.3% over the year in the fourth quarter of 2014, and the gross hourly wage by 6%. This growth was faster than … Read the full press release

Eesti Pank selects Colliers International Advisors OÜ to help with the sale of Maardu manor estate

Tallinn, Estonia, 5-2-2015 — /EuropaWire/ — The Eesti Pank executive board has decided to put the Maardu manor estate up for sale at a starting price of two million euros. The real estate company Colliers International Advisors OÜ has been chosen … Read the full press release

Eesti Pank museum: The exhibition ‘Lithuanian Money from the Litas to the Euro’ opens on 13 January

Tallinn, Estonia, 13-1-2015 — /EuropaWire/ — The exhibition ‘Lithuanian Money from the Litas to the Euro’ opens on 13 January in the Eesti Pank museum. It tells the story of the history of money in Lithuania and is being presented to … Read the full press release

Eesti Pank: Statistics Estonia’s data show the number of employed fell by 1.2% YoY in the second quarter of 2014

Tallinn, Estonia, 15-8-2014 — /EuropaWire/ — Data from Statistics Estonia show that the number of employed fell by 1.2% year on year in the second quarter of 2014. A low rate of participation in the labour force meant that the unemployment rate … Read the full press release

Eesti Pank: Only one fifth of Estonian domestic payments are made between different banks

Tallinn, Estonia, 27-1-2014 — /EuropaWire/ — A notable feature of the Estonian payment environment is the large share of electronic payments. In the fourth quarter of 2013, 99.6% of all payments between banks were initiated electronically. An average of only 1100 payments per … Read the full press release

Eesti Pank announced the recipients of its 2013 research awards

The 2013 Eesti Pank doctoral studies research award of 2300 euros went to Anne Lauringson for her work on how unemployment benefits affected labour market outcomes in Estonia in the economic crisis. The master’s studies research award of 1300 euros … Read the full press release

Eesti Pank: Estonia issued cards involved in fradulent transactions were 0.002% of all EU card transactions

25-7-2013 — /EuropaWire/ — The report published last week by the European Central Bank on card fraud showed that card payments have become more secure due to technological advances and that the share of card transactions that are fraudulent has fallen … Read the full press release