In Estonia, bank loan interest rates are higher than in the Nordic countries, which is one of the factors that reduces the competitiveness of exporters here, but Riho Treumuth, sales manager of SEB’s business segment, does not see this as a problem.
“I don’t see that this is a very problematic area to pay attention to. On the other hand, our business environment is more favorable and favors the other way around. These are the environmental differences that create these conditions for us as a bank,” Treumuth said on Äripää radio’s morning program.
In addition to the topic of interest, Treumuth gave an overview in the interview of how actively Estonians are currently establishing new companies, in which sector the most companies are currently being created and how actively business loans are taken.
Lauri Lee asked.
SEB’s sales manager does not consider Estonia’s high interest rates to be a problem
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Source: www.aripaev.ee
