The systemic risk buffer is intended to increase the resilience of the financial sector to non-cyclical risks that could have a serious negative impact on the national financial system or the economy.

The main reason for applying the systemic risk buffer requirement lies in the small... more

Madis Laas Economist at Eesti Pank

The banks operating in Estonia are making more provisions due to the uncertainty surrounding the coronavirus, whereas the volume of provisions is still relatively small. Banking sector profits reached 112 million euros in the second quarter... more


Eesti Pank will publish the statistics for the financial account for the second quarter of 2020 on 12 October 2020 at 08.00.
See also the release calendar for statistics

Background information

Statistics releases describe the key indicators in the financial accounts.... more

Tiina Soosalu Eesti Pank Payment and Settlement Systems Department

The banks raised the limit on contactless payments from 25 euros to 50 euros at the end of March to reduce contact with terminals during the emergency situation and so help restrain the spread of the virus. In... more

Sulev Pert Economist at Eesti Pank

Consumer prices were down 1% over the year in June, but the price level was 0.9% higher than in May.

A large part of the rise over the month came from the electricity price rising, which contributed 0.5 percentage point, while the... more

Raido Kraavik Economist at Eesti Pank

The coronavirus pandemic has inflated the economic crisis in Estonia and in the global economy in recent months and is dragging on the future outlook for businesses. Economic uncertainty has caused many long-term investments to be put on... more

The Estonian Economy and Monetary Policy is an Eesti Pank review released four times a year that summarises the main recent events in the global and Estonian economies. Twice a year, in June and December, the review also contains a full forecast for the Estonian economy, while in March and... more
The labour market review by experts from Eesti Pank covers developments in the supply and demand of labour in Estonia, and the cost of it in wages. The central bank observes the labour market for two reasons. Firstly, labour is an important production input, as a change in the supply or activity of... more

Estonia is going through a global pandemic with wide-ranging economic consequences that will leave the economy 10% smaller than it was last year if the virus fades away and restrictions are not re-imposed. The economy has already started to recover as the restrictions that have been introduced... more

Mari Rell Economist at Eesti Pank

The spread of the coronavirus and the resulting restrictions, together with the general cooling of the global economy that started in the second half of last year, have pushed the trend for Estonian foreign trade downwards. Exports of goods... more

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