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The Estonian banking and finance market is one of the most developed in Eastern Europe. The sector is dominated by a few large domestic banks, as well as a number of foreign banks. The Estonian banking system is considered to be very stable and well-regulated. The sector is also highly innovative, with a number of fintech startups emerging in recent years.
The Estonian government procures a wide range of banking and finance products and services, including financial services, investment banking, and insurance. The government is a major customer for the banking and finance sector, and its procurement decisions can have a significant impact on the sector.
The main banking and finance products and services procured by the Estonian government include:
Financial services: The government procures a wide range of financial services, including loans, deposits, and cash management services.
Investment banking: The government procures investment banking services, such as mergers and acquisitions (M&A) advisory, underwriting, and securities trading.
Insurance: The government procures insurance services, such as property and casualty insurance, and life and health insurance.
The top authorities for Estonia banking and finance procurement include:
The Ministry of Finance: The Ministry of Finance is responsible for the overall coordination of government procurement.
The Central Procurement Agency: The Central Procurement Agency is responsible for the day-to-day operation of government procurement.
The Public Procurement Office: The Public Procurement Office is responsible for providing advice and guidance on government procurement.
The top winners of Estonia banking and finance procurement include:
SEB Pank: SEB Pank is one of the largest banks in Estonia.
Swedbank: Swedbank is another major bank in Estonia.
LHV Pank: LHV Pank is a leading fintech bank in Estonia.
KPMG: KPMG is a leading provider of professional services to the banking and finance sector in Estonia.
Deloitte: Deloitte is another major provider of professional services to the banking and finance sector in Estonia.
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