TALLINN – The biggest possible risks to Estonian banking stem from the external environment, mainly the fast loan growth and real estate price rise in the Nordic countries, the Estonian Financial Supervision Authority believes.
"Swedish banking groups make up a significant part of the local banking market. If the risks of the Swedish market were realized their impact would seep down to the Estonian banking market as well," the regulator said in a press release. The risks are defused by banks' solid equity reserves.
Estonian banks and...
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