LHV Group is an Estonian financial company founded in 1999 as an investment firm offering brokerage servcies and portfolio management services. In 2009 the group established LHV Pank. LHV Pank provides retail and corporate banking products and services to private individuals and companies. LHV Pank also offers pension funds and online brokerage services.
Becoming a client of AS LHV Pank can be done in a few steps:
Due to regulatory requirements AS LHV Pank performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual AS LHV Pank will ask him/her to provide the following documents: passport; proof of address. For corporate clients AS LHV Pank will ask to provide corporate documentation as well as information about controlling persons. AS LHV Pank may request additional documentation or information depending on the case. AS LHV Pank performs client's identity verification via branch visit.
AS LHV Pank is the 4th largest bank in Estonia in terms of total assets. In 2019 its total assets were 3 011,04 mln EUR, providing the bank with the market share of 8.07%. In 2019 the bank's net income was 17,77 mln EUR.
AS LHV Pank is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is A3 (upper medium grade).
AS LHV Pank participates in the deposit guarantee scheme of Estonia. This deposit guarantee scheme applies to current accounts, demand deposits, term deposits made by natural persons (Estonian and foreign), legal entities (Estonian and foreign) and covers up to up to 100,000 EUR per bank per depositor. AS LHV Pank is a member of Guarantee Fund of Estonia (GFE) and makes its contributions into it.
AS LHV Pank is headquartered in Tallinn.
AS LHV Pank has profiles at the following social networks: