LHV Pank

LHV Pank
Private
Industry Banking, Financial services
Founded 1999
Headquarters Tallinn, Estonia
Key people
  • Erki Kilu Chairman of the Management Board
  • Andres Kitter Member of the Management Board / Head of Retail Banking
  • Indrek Nuume Member of the Management Board / Head of Private and Business Banking
  • Jüri Heero Member of the Management Board / Head of IT
  • Martin Lengi Member of the Management Board of LHV Bank / Chief Financial Officer
  • Martti Singi Member of the Management Board / Chief Risk Officer
Products Retail, commercial and private banking
EUR 5.74 mln Increase(+125.16%)(2014)
Total assets EUR 540.05 mln Increase(+34.91%)(2014)
Number of employees
219 (2013)
Website www.lhv.ee/en/
LHV Pank's ATM machine installed at Kristiine Centre in August 2015.

LHV Pank (originally Lõhmus, Haavel & Viisemann) is an Estonian banking and financial services company headquartered in Tallinn. The Bank's clients include private individuals, small and medium-sized companies and institutional investors. LHV has branch offices in Tallinn, Tartu, Riga,[1] Vilnius[2] and Helsinki.[3] LHV Pank employs over 180 people. More than 50 000 clients use the Bank's services. LHV Pank is one of the largest brokers on NASDAQ OMX Baltic stock exchanges and the largest broker for Baltic retail investors in international markets.[4]

LHV Pank was fully cash-freeoperating only with elecronic transfers and card paymentsuntil August 2015, when they opened their first 10 ATM machines (9 in Tallinn and one in Tartu). All machines allow cash deposits in addition to withdrawals.[5][6][7]

LHV Pank has been identified as a partner in the virtual E-residency of Estonia program, enabling e-Residents to open a bank account in Estonia. [8]

History

References

  1. Aivar Õepa (4 February 2015). "LHV Pank avab Lätis filiaali". Postimees.
  2. Rivo Sarapik (29 October 2013). "LHV sai loa osta Leedu pank". Äripäev.
  3. "LHV Pank sai Soomes tegutsemiseks loa". Ärileht. 16 August 2010.
  4. "Consolidated Annual Report 2013" (PDF). LHV Pank.
  5. J.M. Laats (24 August 2015). "LHV opens first ATMs". Eesti Rahvusringhääling.
  6. "LHV hakkab sularahaautomaate paigaldama". Postimees/BNS. 17 August 2015.
  7. Kadri Hansalu (24 August 2015). "LHV oli sunnitud looma oma sularahaautomaatide võrgu". Postimees.
  8. The Ultimate Guide to Estonian E-residency, Banking and Taxes
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