2210.20
The Covid-19 crisis has caused the volume of assets of fund managers measured quarterly to be very volatile this year. The volume of assets was 10.3% smaller in the first quarter than a year earlier, but in the second quarter it was up 7.7%, or half a billion euros, on the first quarter.
2110.20
The coronavirus crisis in the spring affected the business volumes at Estonian non-life insurance companies less than had been feared.
2110.20
The investment and pension fund sector did not escape unscathed from the Covid-19 crisis any more than the rest of the financial sector. The impact of the crisis on the liquidity and the number of owners of public funds was not substantial though.
2110.20
The economic turbulence caused by the Covid-19 health crisis also affected the banks operating in Estonia in the second quarter. Applications for payment holidays were received more frequently at the start of the quarter and credit risks increased.
0708.20
At the end of the first quarter of 2020 there were 47 creditors not associated with credit institutions, 11 creditors associated with credit institutions, and 9 credit intermediaries operating in the market.
0708.20
Payment institutions operating in Estonia mediated payments of 88.4 million euros in the first quarter of 2020. The volume of payments was 3.7% smaller than in the final quarter of 2019.
0608.20
Five investment firms operate in the market. The value of the assets of investment firms increased by 26% during the second quarter to 90 million euros. The growth in assets was related to the extraordinary large quarterly profit of 14 million euros.
0608.20
Life insurers received 64.3 million euros in insurance premiums in the first quarter of 2020, which was 5% less than in the last quarter of 2019. The premiums were 1.5% more than in the first quarter of last year.
