The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.


Denmark I Estonia I Finland I Iceland I Latvia I Lithuania I Norway I Sweden

BEST BANK : Hansabank
BEST EQUITY HOUSE : Suprema Securities

Hansabank officially became a wholly owned subsidiary of Swedbank at the start of July 2005, and the Swedish bank has good reason to celebrate the inclusion in its portfolio of a leading player not just in Estonia but across the Baltic region. In spite of a significant decrease in lending margins brought about by increased competition in 2005, Hansabank’s cost-income ratio remained broadly unchanged while the dip in its return on equity has been marginal. Heightened competition in the Estonian market has left Hansabank’s commanding market shares stable, with mortgage, corporate and retail lending expanding by 82%, 50% and 63%, respectively, in 2005.

It is perhaps hazardous to make an award for best debt house based on a single transaction. Nevertheless, Citigroup made an important contribution to the development of an embryonic corporate bond market in 2005 when it led a debut international issue for Eesti Energia in November.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree