Estonia - Banking SystemsEstonia - Banking
The Bank of Estonia (Eesti Pank) is the independent central bank. As Estonia is part of the Euro zone, the core tasks of the Bank are to help to define the monetary policy of the European Community and to implement the monetary policy of the European Central Bank. Eesti Pank is also responsible for holding and managing Estonian official foreign exchange reserves as well as supervising overall financial stability and maintaining reliable and well-functioning payment systems. Eesti Pank is responsible for the circulation of cash in Estonia.
Estonian banks offer a full range of services. Estonian banking has achieved significant success in the development of electronic transaction systems. Debit and credit cards are widely used in everyday transactions.
Estonia Market Access Banks