0610.22
Q4 2021 overview of investment and pension fund sector
The value of the assets of public funds grew by 3.7% or 187 million euros in the final quarter of 2021.
0610.22
The value of the assets of public funds grew by 3.7% or 187 million euros in the final quarter of 2021.
0610.22
The rapid growth in the Estonian economy in the fourth quarter of 2021 of 8.6% over the quarter and 8.3% over the year was also reflected in the figures for the banking sector.
1506.22
At the time that the foreword to the Finantsinspektsioon 2021 annual report is being written, a war is raging in Ukraine of a sort that has not been seen in Europe since the Second World War. The armed conflict is having a global economic impact and so also impacts financial intermediaries.
1401.22
The value of the assets of Estonian public funds fell by 19.9% or 1.26 billion euros in the third quarter of 2021 to stand at 5.1 billion euros in total at the end of the quarter.
0701.22
Increasing economic activity was also reflected in the indicators for the Estonian banking sector in the third quarter. Annual loan growth in the sector reached where it had been immediately before the Covid-19 pandemic started, posting 7.0% and bringing the loan stock up to 29.8 billion euros.
0312.21
In the second quarter of 2021 there were 57 creditors in the market and 10 credit intermediaries.
0312.21
Payment institutions operating in Estonia mediated payments of 143 million euros in the second quarter of 2021. The volume of payments was up 4% on the previous quarter but the number was down by 3%.
0312.21
Six investment firms operate in the market. Two of the investment firms had more wide-ranging licences that allow them to trade on their own account and so to take on the trading portfolio risk, which comes with a higher initial capital requirement of 750,000 euros.