LHV opens first ATMs ({{commentsTotal}})

The largest Estonian-owned bank, LHV, has opened its first ATM cash machines in Tallinn and Tartu.

The majority of the cash machines are located in the capital, with one also in Tartu. The bank said it is now a full-service bank, and is aiming to become the third biggest bank in Estonia, after Swedbank and SEB.

Cash withdrawal of up to 10,000 euros each month will be free for private and business clients. All cash deposits through the machines will be free. Withdrawing cash from other banks' ATMs will still cost LHV clients 1 euro for each transaction.

LHV reported profits of 8.1 million euros in the first half of the year, earning 9.7 million for the whole of 2014 and 4.3 million euros in 2013. By contrast, Swedbank earned 156 and SEB 75 million euros last year. Danske reported 23 million euros in profits in 2014.

Editor: J.M. Laats

Easter Monday a public holiday? But you're forgetting productionEaster Monday a public holiday? But you're forgetting production
Estonia’s Easter Monday time loop: Discussing an additional day off

Every year, Estonia reliably asks itself the question whether or not Easter Monday should be made a public holiday. Opinions differ. While one side emphasizes the importance of family time, the other thinks an additional day off would threaten economic growth.

Minister of Social Protection Kaia Iva (IRL).Minister of Social Protection Kaia Iva (IRL).
Samost: Kaia Iva’s charisma could help IRL out of long-term low

In Sunday’s “Samost ja Rumm” radio debate show, editor-in-chief of ERR’s online news, Anvar Samost, and journalist and former politician Hannes Rumm discussed the potential and actual candidates for the chairmanship of the Pro Patria and Res Publica Union (IRL). At the time of the broadcast, Helir-Valdor Seeder had not yet made his intention to run public.