Bigbank News | Oct 10, 2024
Bigbank has issued new unsecured subordinated bonds with a 6.5% interest rate, planned to be listed on the Nasdaq Tallinn stock exchange...
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Bigbank
🌎 bigbank.eeBigbank is a bank specialized in loans, offering a wide range of financial products tailored to various life situations. The bank focuses on providing support throughout different stages of life, whether it's for consumer loans, credit cards, or home loans.
Updates as of Oct 10, 2024
- Bigbank has issued new unsecured subordinated bonds with a 6.5% interest rate, planned to be listed on the Nasdaq Tallinn stock exchange.
- Bigbank is launching a public bond offering from October 8 to October 18 in Estonia, Latvia, and Lithuania, aiming to raise €3-8 million with a 6.5% annual interest rate, and plans to list the bonds on Nasdaq Tallinn.
- Bigbank announced a public offering of up to 3,000 unsecured subordinated bonds with a 6.50% annual interest rate, maturing on October 23, 2034, with the option to increase the offering to 8,000 bonds.
- In September, Bigbank achieved a record month for home loan contracts with the average loan amount increasing by over 10% to €141,000 compared to August, according to Jonna Pechter, Bigbank's Estonia head.
- Joel Armei has joined Bigbank as a Senior Relationship Manager in Estonia, previously serving as Associate Director, Investment Properties at CBRE Baltics.
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