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Bigbank’s loan portfolio grew by 9.1% or 33 million euros in 2017. The group’s profit grew by 47% during the year, from its 2016 level of 11.7 million euros to 17.2 million euros. The bank’s volume of assets exceeded 459 million euros by the end of the year, representing annual growth of 16.5%. “The EU economy’s growing faster now than at any time in the last 10 years, and forecasts indicate that’s likely to continue,” explained Sven Raba, chairman of the management board of Bigbank. “It’s done much better than people expected it to, and that’s been helped by a ...

Special bank Bigbank AS, which is fully based on Estonian capital and represented in nine countries, joined the Estonian Banking Association and from now on, there are 13 members in the association representing the interests of banks. The Estonian Banking Association is a member of the European Banking Federation. “Bigbank wants to support and contribute to all of its operating states to help to achieve the field’s strategic objectives both on the local and the pan-European level,” said Sven Raba, Chairman of the Management Board of Bigbank. “Membership in important professional associations helps us to acquire necessary information and contribute ...