BIGBANK was established in 1992 in Tartu, Estonia. It specialises in consumer loans operates in Estonia, Latvia, Lithuania, Finland, Spain and Sweden, while provides cross-border services on the German, Austrian and Dutch markets. The company operates under the trademark BIGBANK on all markets.
BIGBANK gives everyone the opportunity to make use of all of the services it offers via electronic channels – the Internet and telephone services – irrespective of the time of day or a person’s location.
BIGBANK is offering consumer loans and also term deposits to private individuals. Its strategy is to continue its operations in the same area of activity and according to the same principles by focussing on the existing client segment offering always the best possible services that take their needs into consideration. BIGBANK does not intend to start competing with universal banks in the area of traditional banking services.
Being a specialist bank means that BIGBANK has the resources to get to know its clients better and address their needs more personally. This allows it to be quicker and more flexible than universal banks without compromising on the quality of the loans it issues. BIGBANK applies similar principles as universal banks in assessing the solvency of clients and performs a credit analysis every time it issues a loan.
BIGBANK’s operations are supervised by the Financial Supervision Authority.