Estonia's Early Spring

Topics:
Commercial Banking
Tags:
Bank,
Estonia,
Financial Services,
Trema,
Trema Finance KIT
Source:
Trema

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Overview: Bank of Estonia, has long maintained an open, transparent monetary policy and thus already has a solid foundation from which to ensure the smooth convergence of its economy with that of the EU. Bank of Estonia, constitutionally charged with maintaining the stability of the kroon and applying fixed-exchange-rate-system based monetary policy, effectively fixed the kroon against the euro (at that time the German mark) in 1992. Bank of Estonia became the first central bank to adopt Trema Finance KIT. Trema Finance KIT has been at the heart of the Bank of Estonia's reserve management, extending the efficiency and flexibility that has enabled the bank to adapt to changing market requirements.

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