Payment institutions operating in Estonia mediated payments of 68 million euros in the third quarter of 2020. The volume of payments was a quarter less than in the second quarter, and the number of payments was down by a tenth.
Five investment firms operate in the market under authorisations issued by Finantsinspektsioon. There are no branches of foreign investment firms operating in the market for investment firms in Estonia.
The division of the funds market between fund managers was not notably changed from the second quarter. Swedbank Investeerimisfondid had the largest market share, with 40% of the whole fund sector market at the end of September.
The various indicators for the performance of the banking sector continued to improve in the third quarter. The moratorium on loans that had been introduced to reduce the negative impact of the Covid-19 crisis came to an end.