Governor of Eesti Pank Ardo Hansson said that the decision by Swedbank to provide a permanent cash withdrawal facility in rural areas will improve access to cash in the smallest places in Estonia.
“Access to cash has been a major sore point for people in rural areas, and the new service... more
At the Äriplaan 2016 conference on Wednesday, Governor of Eesti Pank Ardo Hansson spoke of how Estonian companies have succeeded in increasing their non-price competitiveness. The need to improve competitiveness has become ever more important in coming years as higher labour costs have made... more
Responding to questions in the Riigikogu on Monday about the asset purchase programme of the euro-area central banks, Governor of Eesti Pank Ardo Hansson said that the asset purchases will make borrowing cheaper for Estonian companies and households too.
Mr Hansson explained to the... more
At Tuesday’s regular meeting of the Eesti Pank Supervisory Board, the Eesti Pank Executive Board gave a review of the work of the bank in the first half of the year and of the fulfilment of the budget. The board also heard a review of the first half of the year from the internal audit.
At Tuesday’s regular meeting of the Eesti Pank Supervisory Board, Eesti Pank Governor Ardo Hansson gave board members a review of the state of the economy in the euro area.
The board also heard about the issuing of pan-European commemorative coins and other coins.
The next... more
Honourable President of the Riigikogu, Distinguished Members of the Riigikogu
I am here today to give you a summary of the year 2014 at Eesti Pank. I will speak on the economy in the euro area and on monetary policy, and I will... more
Governor of Eesti Pank Ardo Hansson said that the Omniva cash service is a good example of a flexible solution that can be used to provide important services to people living in rural areas.
“The service provided by Omniva, the postal company, is to be praised, because it will give... more
At the regular meeting of the Eesti Pank Supervisory Board last Tuesday, the board approved the new statutes of the central bank, which had already been accepted by the European Central Bank.
The new statutes will not lead to any fundamental change in the organisation of work at Eesti... more
Three requirements for commercial banks issuing housing loans start to apply from this week. They are a precautionary measure by Eesti Pank to reduce the risks of a lending bubble inflating in the future.
Governor of Eesti Pank Ardo Hansson explained that the move by the central bank... more
Speaking on Tuesday to the finance committee of the Riigikogu about the asset purchase programme of the central banks of the euro area, Governor of Eesti Pank Ardo Hansson said that economic history shows that central banks are not able to create long-term economic growth through large-scale... more