Svenska Handelsbanken AB Eesti filiaal

Business Focus
corporate banking

Operating in Estonia since 2006, Svenska Handelsbanken AB Eesti filiaal had been offering retail and corporate banking products and services. In 2019, Svenska Handelsbanken AB announced that it will discontinue its operations in the Baltic States in 2020 due to low profitability and high costs and Svenska Handelsbanken AB Eesti filiaal started reducing the provision of its corporate banking services to existing customers. In March 2020 Svenska Handelsbanken AB Eesti filiaal ceased its operations.

Bank Category

Branches of foreign banks

Financials

Total Assets of Svenska Handelsbanken AB Eesti filiaal
Net_income of Svenska Handelsbanken AB Eesti filiaal
Market Share of Svenska Handelsbanken AB Eesti filiaal
Total Assets (2019)
20.53 mln EUR  (-80.30%)
Net Income (2019)
-1,287,000.00 EUR  (+5,262.50%)

Svenska Handelsbanken AB Eesti filiaal was the 13th largest bank in Estonia in terms of total assets. In 2019 its total assets were 20,53 mln EUR, providing the bank with the market share of 0.06%. In 2019 the bank's net income was -1,29 mln EUR.

Deposit Guarantee

Protected Amount
up to 950,000 SEK
Guarantee Fund
Swedish National Debt Office
Covered Depositors
private individuals
legal entities
Covered Accounts
deposits in all types of accounts

Svenska Handelsbanken AB Eesti filiaal participates in the deposit guarantee scheme of Sweden. This deposit guarantee scheme applies to deposits in all types of accounts made by private individuals, legal entities and covers up to up to 950,000 SEK per bank per depositor. Svenska Handelsbanken AB Eesti filiaal is a member of Swedish National Debt Office and makes its contributions into it.

Svenska Handelsbanken AB Eesti filiaal is a member of Svenska Handelsbanken (Sweden) and operated as a branch of Svenska Handelsbanken AB (Sweden).

Contacts

Kentmanni tn 6, 10116, Tallinn, Estonia
+372 680 8300

Svenska Handelsbanken AB Eesti filiaal was located in Tallinn.

Social Networks

Svenska Handelsbanken AB Eesti filiaal has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
HANDEE22
Company Number
11199418
MFI ID
EE11199418

Bank History

Close Date
March 2020

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See Also

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