The growth in corporate equity slowed over the first three quarters of 2018. The yearly growth in equity was around 4% by the end of the third quarter, which is a little below the growth in corporate debt. The growth in equity has... more
In November, 14% more was taken in new housing loans than a year earlier and the growth in car leases continued at the same rate. There was also an increase in corporate borrowing, though mainly because of big individual transactions by... more
The countercyclical capital buffer is intended to protect the banking sector against losses that could be caused by cyclical systemic risks. Countercyclical capital buffer requirement requires banks to add capital at times when credit is growing rapidly so that the buffer can be reduced when the... more
Eesti Pank works with the Ministry of Finance and the Estonian Financial Supervision Authority in ensuring the reliability of the Estonian financial system and the appropriateness of the regulation underpinning the financial sector.
This is coordinated... more
Macroprudential policy covers systemic risk analysis and assessment, and the deployment of measures to ensure financial stability. The macroprudential authority in Estonia is Eesti Pank. Under the Eesti Pank Act, the duties of Eesti Pank include supporting the stability of the financial system... more
New housing loans were added at a slightly slower rate in the past few months, but in October the take-up of housing loans picked up again. The average interest rate for housing loans remained at 2.5% in October, which is the same rate... more
Financial stability means the smooth functioning of financial intermediation under both normal and unexpectedly adverse circumstances.
Safeguarding the stability of the financial system is one of the key functions of Eesti Pank under the Eesti Pank Act. The central bank oversees the... more
The financial position of the Estonian banking sector is strong. The level of own funds of the banks is high, the quality of the loan portfolio of the banks is very good, and loan losses are small.
The biggest risk to banking in Estonia continues to come from the Nordic countries. The... more
Less has been taken out in recent months in housing loans than previously, while the growth in car leases remains fast. The growth in corporate loans and leases taken from banks operating in Estonia was at the same rate as in previous months... more