The volume of deposits in Estonian banks grew by 0.3% in the first half of 2011

Estonian deposit market is primarily divided between four major banks: Swedbank captured 46% of the deposit market at the end of June 2011, SEB Pank captured 21%, Danske Bank Estonian Branch captured 16% and Nordea Bank Finland Estonian Branch captured 7% of the total deposit market. Although the majority of amounts were deposited in Swedbank at the end of June 2011, its market share has dropped in all customer groups. Concurrently, the market share of Danske Bank Estonian Branch has experienced a significant growth as far as deposits of the government and financial institutions are concerned.
Swedbank captured the biggest share in the market of government deposits; still, its market share decreased from 48% to 37% as compared with June 2010. Danske Bank Estonian Branch captured the biggest share in
the market of deposits of financial institutions. See the whole overwiew here.