Posts tagged as the Bank of Estonia

Central bank requires home loan issuing caution for SEB, Swedbank

Wednesday, July 21, 2021

The Bank of Estonia (Eesti Pank) has urged caution on the part of two significant banks in issuing home loans, and instigated specific requirements for the two banks in particular, in order to mitigate risk against any potential future downturn and at a time when the real estate market is particularly active. The central bank has retained a requirement that Swedbank and SEB have to apply a risk weight of…

Bank of Estonia warns against pension reform consequences

Tuesday, October 15, 2019

The Bank of Estonia, presenting its initial effects analysis regarding Estonia’s planned pension reform on Monday, pointed out several ways the government’s plan of making the second pillar of pension voluntary could backfire. Politicians pushing the reform describe the analysis as nothing new. The analysis presented yesterday, the full version of which the central bank promises to publish in late October, concludes that potentially lower future pensions could force politicians…