Bank of Estonia is also known as Eesti Pank and was established in the year 1919. The provisional Government in Estonia took the decision of giving birth to this bank. Since then the Bank of Estonia is operating with the mission of ensuring economic as well as financial stability in the land of Estonia. The Bank of Estonia functions in the areas like meeting the demands of cash in the country, the fiscal and monetary matters and participating in the international organizations.
The four major objectives of the Bank of Estonia include the following:
- Maintaining monetary and financial stability
- Ensuring an independent monetary policy
- Circulation of cash in Estonia
- Developing a common and single monetary policy in the Euro area.
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The Central Bank of Estonia is also very important among the Banks at Estonia, since it is a member of the European Union Organization as well as the European System of Central Banks.
The Central Estonia Banks are responsible for issuing the Estonian currency which is called as the ‘kroon’. Andres Lipstok is the present chairman of the Central Bank of Estonia, which is one of the official Banks in Estonia. The address of the Bank of Estonia is as follows:
13 Estonia pst Tallinn 15095 ESTONIA
Phone No.: ++372-668 0719/ 0900/ 0951/ 0953
Fax: ++372-668 0954
The following links provide detailed information regarding the
Bank of Estonia:
