News & Press

The Banker named LHV Pank the Bank of the Year in Estonia 2019 at The Banker’s Bank of the Year Awards 2019, which was held last night.

At the awards ceremony in Piccadilly, London, LHV Pank was recognised for its ambitious growth, excellent financial performance, introduction of new opportunities and technological innovation. “Since the beginning in 2009, LHV Pank has embraced quality in customer experience, but also cutting edge technological solutions. Offering services at the intersection of these two aspects has proven to be key in creating value added relationships with customers – retail, corporates and fintechs alike,” said Erki Kilu, Chairman of the Management Board of LHV Pank, when accepting the award.

The Bank of the Year Awards is an annual competition held by The Banker, which is always watched closely by the banking industry. In the competition, the world’s leading banks are evaluated on the basis of their profit-making ability, strategic success and level of services. The winners will be selected globally, regionally and nationally. This year, the Agricultural Bank of China was named Best Bank of the Year, and Raiffeisen Bank International was named Bank of the Year in Central and Eastern Europe.

The Banker is a leading banking and finance magazine owned by the Financial Times and published since 1926. The Banker is circulated in over 180 countries. In addition to offering banking and economic content and recognising the best in the field, The Banker also maintains a ranking of world banks.

LHV Group is the largest domestic financial group and capital provider in Estonia. LHV Group's key subsidiaries are LHV Pank and LHV Varahaldus. LHV employs over 420 people. LHV’s Banking Services are used by more than 192,000 clients, and pension funds managed by LHV have more than 176,000 active clients.