Market announcement

AS LHV Group

LEI code

529900JG015JC10LED24

Size of the entity

Large group

Economic activities

Financial and Insurance Activities

Industry sector(s)

Credit institution

Country of registered office

Estonia

General information

Categories

Other corporate action

Unique data record identifier

16536

Submission date and time

21.10.2024 07:00:10

Content of announcement in Estonian

Title

LHV Pank viis lõpule TBB panga krediidiportfelli osa omandamise

Message

AS LHV Pank ja AS TBB pank viisid lõpule tehingu, millega LHV Groupi tütarettevõte soetas osa TBB panga laenuportfellist.

Tänaseks on soetatud laenuportfelli üleviimine lõpetatud, ülevõetud portfelli maht oli 19,2 miljonit eurot, millele võib kolme kuu jooksul lisanduda veel kuni 4,3 miljonit eurot. Tehing puudutas kokku 72 klienti ja lõplikuks allahindluseks kujunes ligikaudu 4 miljonit eurot.

Lõpuleviidud tehing ei mõjuta oluliselt LHV Panga kapitaliseeritust ega likviidsust. Tehingut ei saa käsitleda tehinguna seotud isikute vahel.

LHV Group on suurim kodumaine finantskontsern ja kapitali pakkuja Eestis. LHV Groupi peamised tütarettevõtted on LHV Pank, LHV Varahaldus, LHV Kindlustus ja LHV Bank Limited. Grupi ettevõtetes töötab üle 1100 inimese. LHV pangateenuseid kasutab augusti lõpu seisuga 441 000 klienti, LHV hallatavatel pensionifondidel on 118 000 aktiivset klienti ja LHV Kindlustusega on kaitstud 168 000 klienti. Groupi tütarettevõte LHV Bank omab Ühendkuningriigi pangalitsentsi ning pakub pangateenuseid rahvusvahelistele finantstehnoloogia ettevõtetele ja laenusid väikese ja keskmise suurusega ettevõtetele.



Priit Rum
LHV kommunikatsioonijuht
Telefon: 502 0786
E-post: [email protected]

Content of announcement in English

Title

LHV Pank completed the acquisition of part of TBB pank's credit portfolio

Message

AS LHV Pank and AS TBB Pank completed the transaction whereby the LHV Group's subsidiary acquired a part of TBB Pank's loan portfolio.

By today, the transfer of the acquired loan portfolio has been completed, the volume of the acquired portfolio was 19,2 million euros, which may increase by up to 4,3 million euros within the next three months. The transaction concerned a total of 72 clients and the final discount amount was approximately 4 million euros.

The completed transaction did not significantly impact LHV Pank's capitalization or liquidity. The transaction can not be considered as a transaction between related parties.

LHV Group is the largest domestic financial group and capital provider in Estonia. The LHV Group’s key subsidiaries are LHV Pank, LHV Varahaldus, LHV Kindlustus, and LHV Bank Limited. The Group employs over 1,100 people. As at the end of August, LHV’s banking services are used by 441,000 clients, the pension funds managed by LHV have 118,000 active clients, and LHV Kindlustus protects a total of 168,000 clients. LHV Bank Limited, a subsidiary of the Group, holds a banking licence in the United Kingdom and provides banking services to international financial technology companies, as well as loans to small and medium-sized enterprises.



Priit Rum
Communications Manager
Phone: +372 502 0786
Email: [email protected]