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Eesti Hoiupank

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Eesti Hoiupank (Estonian: Estonian Savings Bank) was an Estonian bank which operated from 1992 to 1998.

Overview

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Hoiupank was created during the dissolution of the Soviet Union from the Estonian operations of the Savings Bank of the USSR.[1]: 25 

In September 1996, Hoiupank initiated a merger with the Estonian Commercial Bank of Industry and Construction [et] (ETEK), the Estonian successor entity of the Soviet Promstroybank.[2] It was subsequently the third-largest bank in the country.[3]

Hoiupank merged into Hansapank (currently Swedbank's Estonian subsidiary) in 1998.[4]

See also

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References

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  1. ^ Khaled Sherif, Michael Borish, & Alexandra Gross (2003), State-Owned Banks in the Transition: Origins, Evolution, and Policy Responses (PDF), Washington DC: World Bank{{citation}}: CS1 maint: multiple names: authors list (link)
  2. ^ "Annual Report 1996. Development of the Financial Sector". Eesti Pank.
  3. ^ Hoiupank Archived 14 January 2008 at the Wayback Machine
  4. ^ "Hansabank history | Swedbank". swedbank.com. Retrieved 20 December 2020.
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