LHV Pank
 | |
| Private | |
| Industry | Banking, Financial services |
| Founded | 1999 |
| Headquarters | Tallinn, Estonia |
Key people |
|
| Products | Retail, commercial and private banking |
EUR 5.74 mln  (+125.16%)(2014) | |
| Total assets |
EUR 540.05 mln (+34.91%)(2014) |
Number of employees | 219 (2013) |
| Website |
www |
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-free—operating only with electronic transfers and card payments—until 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
- 1999 Investment firm AS Lõhmus, Haavel & Viisemann founded on February 9th
- 2000 lhvdirect.com (today's Financial Portal) and the first investment account opened
- The first equity game (today's Stock Exchange Shark) started
- 2001 The first investment seminars organised
- 2002 Branch opened in Riga
- LHV pension funds created
- 2003 LHV Trader trading environment launched
- 2004 Head office moved to City Plaza
- 2005 Branch opened in Vilnius
- Stock Exchange Shark expanded to Latvia and Lithuania
- 2006 Corporate consultations unit separated
- 2007 The new LHV logo was introduced instead of Lõhmus, Haavel & Viisemann
- Publication of the Investeeri! magazine started
- LHV World Equities Fund created
- 2008 Client Services opened on the ground floor of City Plaza
- LHV Persian Gulf Fund created
- 2009 Banking license granted on 6 May and new business name AS LHV Pank introduced
- Deposits and commercial loans launched
- 2010 Settlement services launched and new account numbers introduced
- Loan portfolio purchased in Finland and branch opened in Helsinki
- Branch opened in Tartu
- 2011 New Internet Bank opened
- Issue of bankcards started
- New client service centre opened in Tallinn
- 2012 LHV Bank named the Baltic Market Member of the Year
- Launch of LHV Partner Credit Card in cooperation with Tallinna Kaubamaja
- Provision of leasing products started
- 2013 Founded LHV Finance and started offering hire purchase
- Introduced multiple account card and the new Partner Bank Card
- Launch of the mobile bank app
- 2014 Launch of Au-client service and gold card
- Started card payment acquiring service
- LHV Bank chosen as the 8th most valued employer in Estonia
- 2015 Sold Finnish unsecured loan portfolio
References
- ↑ Aivar Õepa (4 February 2015). "LHV Pank avab Lätis filiaali". Postimees.
- ↑ Rivo Sarapik (29 October 2013). "LHV sai loa osta Leedu pank". Äripäev.
- ↑ "LHV Pank sai Soomes tegutsemiseks loa". Ärileht. 16 August 2010.
- ↑ "Consolidated Annual Report 2013" (PDF). LHV Pank.
- ↑ J.M. Laats (24 August 2015). "LHV opens first ATMs". Eesti Rahvusringhääling.
- ↑ "LHV hakkab sularahaautomaate paigaldama". Postimees/BNS. 17 August 2015.
- ↑ Kadri Hansalu (24 August 2015). "LHV oli sunnitud looma oma sularahaautomaatide võrgu". Postimees.
- ↑ The Ultimate Guide to Estonian E-residency, Banking and Taxes