Estonia banks to return to profit in H2 2010
Eestlased Eestis 26 Jan 2010  EWR
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TALLINN, Jan 26 (Reuters) - Commercial banks operating in Estonia may return to profit in the second half of 2010 after showing a 4.7 billion kroon ($425 million) loss in the fourth quarter of 2009, the Estonian central bank said on Tuesday.

More than 95 percent of the Estonian banking sector is controlled by four large Nordic financial groups, with Swedbank (SWEDa.ST) and SEB's (SEBa.ST) local units dominating the market in a country of just 1.3 million people.

Read on at Reuters.com :
http://www.reuters.com/article...
 
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