AS LHV Pank

 (4.1; 43 ratings)
4.1 43

Business Focus

retail and corporate banking

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.

Services

retail banking
private banking
business banking
corporate banking
leasing

Area Served

EEEstonia
DEGermany

Products

current accounts
debit cards
credit cards
savings accounts
consumer loans
overdraft facility
salary accounts
start-up accounts
micro loans
working capital loans
investment loans
trade finance

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

See Also

Account Opening

Becoming a client of AS LHV Pank can be done in a few steps:

1.
Submit online application
2.
Visit bank branch

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.

Ways to Bank

AS LHV Pank delivers its products and services through both direct and indirect channels, namely:
branch
online banking
mobile app

Common Shares

Listed Entity
LHV Group
ISIN
EE3100073644
Stock Exchange
Nasdaq TallinnNasdaq Tallinn (XTAL)
Ticker
LHV1T

See Also

Financials

Total Assets of AS LHV Pank
Net_income of AS LHV Pank
Market Share of AS LHV Pank
Total Assets (2019)
3,011.04 mln EUR  (+84.08%)
Net Income (2019)
17.77 mln EUR  (+14.35%)

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.

Credit Ratings

Fitch: -
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: A3
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

AS LHV Pank is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is A3 (upper medium grade).

Deposit Guarantee

Guarantee Fund
Guarantee Fund of Estonia (GFE)Guarantee Fund of Estonia (GFE)
Protected Amount
up to 100,000 EUR
Eligible Depositors
natural persons (Estonian and foreign)
legal entities (Estonian and foreign)
Covered Accounts
current accounts
demand deposits
term deposits

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.

Contacts

Tartu mnt 2, 10145, Tallinn, Estonia
+372 680 0400
+372 680 0410

AS LHV Pank is headquartered in Tallinn.

Social Networks

AS LHV Pank has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
LHVBEE22
LEI
529900GJOSVHI055QR67
Company Number
10539549
MFI ID
EE10539549

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See Also

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