
Estonia has a well-developed banking system, with several banks offering services for both businesses and individuals.
Swedbank is one of the largest banks in Estonia, with a wide range of services including corporate banking, private banking, and online banking.
SEB Pank is another major bank in Estonia, offering services such as corporate banking, private banking, and investment banking.
Danske Bank is a well-established bank in Estonia, with a strong presence in the country's banking market.
Commercial Banks
Luminor Bank is the largest bank in Estonia in terms of market share, owned by DNB Pank and Nordea.
It serves all customer groups, including individuals, SMEs, and private banking clients.
The Luminor Debit card package is worth considering for everyday banking, offering a debit card plus everyday banking services for a small monthly fee.
Businesses can benefit from a range of services at Luminor Bank, including current accounts, payment PoS terminals, financing, savings, and investments.
Top Banks in Estonia
Estonia has a well-developed banking system with several top banks to choose from. The largest banks in Estonia are subsidiaries and affiliates of Scandinavian banking groups.
The top 10 banks in Estonia are located in Tallinn, with the exception of none. Here's a list of the top 10 banks in Estonia:
The largest bank in Estonia by market share is Luminor Bank, a Swedish-owned bank that serves all customer groups, including individuals, SMEs, and private banking clients.
Äripank
Äripank, or Tallinn Business Bank, is the oldest commercial bank operating in Estonia, having been registered in 1991. It has two locations in Tallinn and one in the city of Narva.
The bank offers a range of services, including checking and savings accounts, loans, leasing services, debit and credit cards, letters of credit, deposit savings accounts, and mobile and Internet banking.
Äripank's website is www.tbb.ee, and you can find more information about the bank on the Estonian Banking Association's website, which lists all banks in Estonia.
Here are the addresses of Äripank's locations:
- 7 Vana-Viru, Tallinn, Estonia
- Tallinn (location 2)
- Narva
Luminor Bank
Luminor Bank is the largest bank in Estonia in terms of market share, formed as a joint venture between DNB Pank and Nordea. It's Swedish-owned and serves all customer groups, including individuals, SMEs, and private banking clients.
Luminor Bank offers a debit card package, known as the Luminor Debit card package, which includes a debit card plus everyday banking services for a small monthly fee.
Businesses can take advantage of various services at Luminor Bank, including current accounts, payment PoS terminals, financing, savings, and investments.
Top 10 Banks in Estonia
Estonia has a thriving banking sector, with several top-notch banks to choose from.
Luminor Bank is the largest bank in Estonia by market share, formed as a joint venture between DNB Pank and Nordea. It's Swedish-owned and serves all customer groups, including individuals, SMEs, and private banking clients.
The bank offers a range of services, including everyday banking, current accounts, payment PoS terminals, financing, savings, and investments.

For everyday banking, the Luminor Debit card package is worth considering, which includes a debit card plus everyday banking services for a small monthly fee.
Here are the top 10 banks in Estonia, listed below:
LHV Pank is another notable bank, founded in 1999 as an investment company. It provides both retail and corporate banking, along with online brokerage services and pension funds.
List of Estonian Banks
Estonia has a range of banks to choose from, and here are some of the top ones.
Luminor Bank is one of the biggest banks in Estonia, with its operational headquarters located in Tallinn.
Swedbank, SEB Pank, LHV Pank, Coop Pank, Bigbank, Inbank, OP Corporate Bank, Citadele Banka, and TBB Pank are also major players in the Estonian banking scene, all with operational headquarters in Tallinn.
Here's a list of the top 10 banks in Estonia:
Inbank
Inbank is a commercial bank that offers a range of products, including deposit and consumer finance options.
It's worth noting that Inbank doesn't have current accounts for everyday banking, but you can open a deposit account for your savings.
Inbank also provides small loans, including green energy loans, which can be a great option for those looking to make environmentally friendly investments.
Car leasing is another service offered by Inbank, which can be a convenient option for those who want to drive a new car without the long-term commitment.
Inbank's solutions also include payments, multi-currency accounts, and term deposits, which can be useful for individuals and businesses alike.
Businesses can also benefit from Inbank's group accounts and currency conversion services, which can help streamline their financial operations.
Citadele Banka
Citadele Banka offers a range of services for both personal and business customers.
Their main personal customer offer is a selection of C Cards packages, which come with a monthly fee.
You can choose from C Prime, C Supreme, or C Smart plans, and each one includes a card, online transfers, and ATM withdrawals.
The number of perks you get depends on the plan you choose, with more perks available for the higher-tier plans.
Citadele Banka also provides cards, loans, payments, leasing, and other financial services for businesses.
This Is a List of 32 Estonian Banks
There are 32 Estonian banks listed on the website http://www.sampopank.ee.
You can find a detailed list of their BIN numbers by clicking on the name of the bank.
The website allows you to filter the list to find the name of your target bank.
Banks
Banks in Estonia offer a wide range of financial services from everyday banking to sophisticated wealth management.
The largest banks in Estonia are subsidiaries and affiliates of Scandinavian banking groups, and they dominate the market share.
Swedbank, SEB, Luminor, and LHV are the 4 largest banks in Estonia, making up a significant portion of the market share.
You can find a full list of banks in Estonia on the website of the Estonian Banking Association.
Here are the 4 largest banks in Estonia, ranked by market share:
- Swedbank
- SEB
- Luminor
- LHV
Coop Pank
Coop Pank is a popular bank in Estonia, known for its wide range of financial services.
Coop Pank is a subsidiary of the Coop Estonia retail chain, which has been serving Estonians since 1992.
It offers a variety of accounts, including current accounts, savings accounts, and youth accounts, designed for different customer needs.
Coop Pank's online banking system allows customers to manage their accounts, pay bills, and transfer money securely and efficiently.
The bank also provides a range of loan options, including personal loans, car loans, and mortgages, to help customers achieve their financial goals.
Frequently Asked Questions
Can I open a bank account in Estonia as a non-resident?
To open a bank account in Estonia as a non-resident, you may need to prove a connection to the country or sign up for e-residency. However, Estonia is known for being expat-friendly, making it a great option to explore further.
Which is the best online bank in Estonia?
For e-residents, LHV Bank is a top choice, while SEB Bank and Swedbank are well-established options with comprehensive services. Consider your individual needs to decide which online bank in Estonia best suits you.
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