Swedbank Estonia

Last year, our employees took part in an idea hackathon for best solutions to measure employees’ commuter footprint and nudge them towards better commuter habits. As a result, we equipped our office routes with iPads to gather information from employees about the means of transport and distances covered to commute between home and work. In return, we published the mean survey results and motivational messages to encourage employees make greener commuter choices. The technical solution was provided by NetGroup who rewarded the development as a special prize for the hackathon.   Soon after that, our paths crossed with Dottyland, an app-based function that automatically measures commuting-related indicators. With next to no input required from the employee, the app empowers its users to make better choices. “Dottyland is intended for businesses who are mapping their environmental impact and wish to reconfigure their activity to meet future environmental needs and expectations proactively,” said Dottyland’s co-founder Ketly Freirik. “As a co-product, it engages employees to make a team effort and reduce their carbon footprint,” added Freirik. Read more here (the article is in Estonian) 👇  

👏 Heads up, we are hiring!   Calling all Analysts and Modellers. We need your skills and expertise, but also all that other stuff too that makes you... well, you! Perhaps you love paddling your own canoe, reading heavy poetry, watching Japanese samurai movies, or collecting PEZ dispensers? Good! We believe that’s all something that enriches the workplace and helps us model those credit risks better.   Come join us:   👉 Digital Analyst https://lnkd.in/dqcJTYtv  👉 Senior Credit Risk Modeller https://lnkd.in/dpWwSqmx  👉 Fraud Prevention Senior Analyst https://lnkd.in/dph7qAhj  👉 Senior Analyst in Baltic Equity Research team https://lnkd.in/dBZ4sFsY  And one more for the Estonian speakers.  👉 Sisepettuste tõkestamise vanemspetsialist https://lnkd.in/dNAnEpPv    That’s all for now and keep enjoying your summer ⛹♀️

The international macroeconomic analysis center FocusEconomics has recognized our macroeconomic analysts, Chief Economist Tõnu Mertsina and Senior Economist Liis Elmik, for the accuracy of their forecasts regarding the Estonian economy. 🏆👏 Each year, FocusEconomics acknowledges the most accurate economic forecasters in more than one hundred countries across six categories: GDP, government budget balance, inflation, current account, base interest rate, and exchange rate. To do this, they evaluate each expert's forecasts in various fields over a period of 22 months and rank the economists based on their average error rate. You can find the economic forecasts on our blog 👉 https://lnkd.in/d2T8QsAu

Exciting Partnership News: Our Newest Financing Venture We concluded a contract with Kaarsilla Kinnisvara whereby we will help erect an energy-efficient commercial quarter Port Athena with a convenient working environment in the center of Tartu. The total cost of the development project of five buildings is approximately EUR 35 million, and the buildings will be completed in stages in the course of the year 2026. “We are sincerely glad to be the partner of Kaarsilla Kinnisvara in the new commercial quarter, providing the largest financing over the past few years to developing commercial real estate in Tartu and to invigorating the market,” stated Mihkel Utt, the Head of the Corporate Banking Division at Swedbank.  Read more here (the article is in Estonian) 👇

Hobi võtab täistuuridel ettevõtte mõõtmeid ja Sa ei jõua enam kõiki rolle ise täita ning tarvis oleks abikäsi? 🤝 Peas tiirleb mustmiljon küsimust – kuidas leida õigeid inimesi? Uurida sõpradelt, ega nemad ei tea kedagi, kes otsivad uusi väljakutseid või panustada töökuulutusele? Mida siis ikkagi töökuulutuses välja tuua? Esimene samm ✅, töötajad leitud. Aga kuidas luua mõnusat töökultuuri ja hoida inimesi just enda ettevõttes? Meie värbamisjuht Anette jagab nippe 👉 https://lnkd.in/dU4hMTUD 

We are happy to once again sponsor Prototron fund, the fund for supporting smart ideas, and thereby promote the growth of local start-ups. ILUS Bike, the winner of Prototron’s springtime funding round, signed a financing agreement with us to secure funds for the team’s first development and production stages and carry out a pilot project in Tartu. “ILUS Bike is an ambitious start-up that takes reasonable steps and tests its ideas in the local market before expanding to foreign markets. Its success at Prototron showed that the team has a good reason to believe in its idea, and so do we, so we are more than happy to help carry them out,” said our Start-up Area Manager Triin Preem. You should also bring your smart idea to Prototron and turn it into a successful business! The programme provides funding and mentorship for developing your first working prototype. Apply by 31 August at 👉 www.prototron.ee

Exciting Partnership News: Our Newest Financing Venture We finance Enefit Green’s strategic projects. Due to amendments to the loan agreement, the €50-million loan issued in 2022 will increase to €100 million. The extra financing will go towards establishing wind and solar parks and energy storage solutions, as well as to cover general business needs. “Swedbank and Enefit Green have had a long and successful cooperation. We are happy to support our client with achieving their goals and implementing new, ambitious projects to thereby promote the fast-paced progress of the Estonian flagship of green energy. We value Enefit Green’s continued efforts towards developing and adopting renewable energy capacities in order to improve the availability of renewable energy and reduce Estonia’s energy dependence on non-renewable minerals,” commented Mihkel Utt, Head of Swedbank’s Mid-Corporate Department. Read more here (the article is in Estonian) 👇

Let's meet Brit, who takes care of our business customers in South Estonia 🧡   I joined Swedbank, back then Hansapank, 16 years ago as a Data Specialist in the Analytical Team. My job included calculating provisions and putting together various reports while mainly communicating with internal partners. Soon after I joined, the economic crisis hit, and I had to take on several new tasks. For example, I addressed issues for individuals with house loans whose monthly salaries had disappeared. Finding and extracting the best information from the database became my everyday job.   After that, I spent a few years on maternity leave during which life quietly led me from Tallinn to Tartu. In 2013, I saw that they were looking for a Customer Manager in Tartu. I applied and got hired. This was followed by nearly 10 years of work with some of the biggest agricultural companies in Estonia. At the bank, we financed thousands of hectares of farmland and millions of liters of milk – all so Estonians could have the freshest and cleanest local food on their tables. 🥕🥛🥬   Since 2022, I've moved from a Customer Manager position into a leadership role that finances all medium-sized companies in South Estonia. Our customers come from various sectors, which means there's always something new to learn. Working at Swedbank has taught me that strength lies in teamwork! My team brings me the most joy; we are tight-knit, humorous, and have been together for a long time. There is also a vast number of specialists within the bank who are always ready and willing to share their knowledge.   If there were one career tip I'd give it would be: do your job well and with heart & soul! 😊   #swedbankpeople

Exciting Partnership News: Our Newest Financing Venture The year was 2022, when our partnership with eAgronom started. Now we are leading the investment round, with an investment of EUR 4 million, thus becoming a minority owner. Together with eAgronom, we offer our Baltic agricultural customers financing solutions for investments in sustainable agriculture. “Enabling our customers in their transition with products and services is key for Swedbank. The partnership with eAgronom adds to a fantastic overall solution for our agricultural customers in Estonia, Latvia, and Lithuania. With this investment, we advance our commitment in eAgronom to strengthen the ecosystem of partnerships for the benefit of our customers,” says Jon Lidefelt, Head of Baltic Banking, Swedbank. Read more about who else is part of the ownership circle besides the founders and why this cooperation is important to us (the article is in Estonian)👇

Hobi võtab juba ettevõtte mõõtmeid, aga Sa ei ole kindel, kuidas koostada lepinguid – kas palgata jurist või pusida ise? 🤔 Üks on kindel: ettevõtlusega alustava inimese ellu hakkab üha enam hiilima juriidilisi küsimusi. Kuidas teha koostööpartneriga asjakohaseid lepinguid? Milliseid makse tasuda? Need on vaid mõned näited küsimustest, millele tuleb alustajatel ühel hetkel vastused leida. Selles videos ja artiklis jagabki meie krediidisuhete osakonna jurist Reigo soovitusi, millal tegutseda iseseisvalt ja missuguste küsimuste korral tasuks kaasata ekspert 👉 https://lnkd.in/dbS8t4JQ