LHV Pank and TBB Bank finalized a transaction on October 21, 2024, resulting in LHV Grupp’s subsidiary acquiring a portion of the TBB Bank’s loan portfolio. The transfer of the acquired portfolio has been completed, totaling 19.2 million euros. The possibility of an additional 4.3 million euros being added to the portfolio within the next three months remains. The transaction involves a segment of Romet Kreek’s problematic loan portfolio. Key words: lhv, portfolio, bank, Estonia, economy, loans Topics: #lhv #portfolio #bank Post navigation I felt like a king: P.Diddy was “obsessed” with Prince Harry and William Reminder: Estonia changed to winter time last night. Are the clocks correct?
This deal could have significant implications for the Estonian banking sector and its borrowers. Reply