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Author: | Varblane, U. Sörg, M. |
Title: | Internationalisation of Estonian banking |
Journal: | Journal for East European Management Studies (JEEMS)
2003 : VOL. 8:1, p. 96-110 |
Index terms: | Banking Foreign investment Internationalization Baltic countries Estonia |
Language: | eng |
Abstract: | Internationalisation of Estonian banking sector has mainly been driven by market-seeking argument, but also competition about the strategic advantage of first entry in Latvian and Lithuanian markets played important role. The most successful example is Hansapank, which has developed from a small Estonian bank into a leading commercial bank in the Baltic States. |
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