Luminor's economist: making economic forecasts is difficult, our current choices will decide the future
Luminor's chief economist Lenno Uusküla highlighted the complexities of creating economic forecasts in the current climate, indicating potential growth but significant uncertainties ahead.
The turmoil in the oil and gas markets has triggered yet another inflation spiral: this could have very unpleasant consequences
Economists from Luminor Bank indicate that despite geopolitical instability, the global economy shows resilience, although the recent oil and gas price crisis may significantly impact some countries like Lithuania.
Luminor: Economic Growth is Clouded by Uncertainty, Growth Rate Determined by Consumer Decisions and Price Pressure
Luminor's chief economist warns that while Estonia's economy has returned to modest growth, various uncertainties could hinder significant recovery, with consumer behavior and policy decisions playing critical roles.
WATCH LIVE ⟩ Luminor's Economic Forecast: What Will Happen to the Estonian Economy
Luminor's forecast indicates slight growth for the Estonian economy, but its pace and sustainability remain uncertain.
The borrowing capacity of Estonians is at a high level — two people earning an average salary can jointly purchase their dream home
Many individuals underestimate their borrowing capacity, believing that their dream home is out of reach, but joint applications for loans significantly increase affordability.
Planning to earn from rentals? They advised which apartments are better not to buy
Experts from Luminor Bank discuss key factors in choosing investment properties, emphasizing the importance of location and potential for value increase.
RESEARCH ⟩ High Electricity Prices Force Companies to Invest
High electricity prices are driving companies in Estonia to seek better control over energy costs by exploring solar parks and battery storage solutions.
Luminor's Chief Economist on Data Center: This is a Significant Investment
Sunly plans to invest nearly two billion euros in a proposed data center in Läänemere, which Luminor's chief economist, Lenno Uusküla, describes as a significant investment for Estonia that should positively impact local life.
Panerai Luminor GMT: The Little Black One
The Panerai Luminor GMT Ceramica, a 40mm watch, emphasizes the trend towards smaller timepieces in the watch industry, catering to preferences in Asia for smaller wrists.
THE BANK EXPLAINS ⟩ How is home loan interest formed and what does it consist of?
The article explains the components of home loan interest in Estonia, detailing how the bank's margin and the market-based Euribor impact the final interest rate.
Luminor's net profit last year decreased to 157.7 million euros
Luminor Bank's net profit fell to €157.7 million last year due to lower interest rates, but the bank managed to keep its costs stable.
Expert shares advice: if you're short on cash to pay electricity bills, consider home renovation
An expert advises Estonian families facing high electricity bills to consider home renovations as a way to reduce future energy costs.
Fell silent upon seeing the bank's imposed fine: deducted a considerable amount from the account without any warning
A client of Luminor bank in Lithuania complains about being fined and having 888 Euros deducted from his account without prior notification or explanation following a refinancing deal.
Be aware: you can become a homeowner even if the building lacks a usage permit
The article discusses the home-buying process in Estonia, particularly the distinction between purchasing a secondary market apartment and a new development.
RESEARCH ⟩ Just this many Estonians lack a savings buffer
A survey reveals that a significant portion of Estonians do not have a financial safety net for unexpected expenses, highlighting a pressing issue of financial insecurity.
PLANS FOR A HOME LOAN? ⟩ An expert shares advice on how to strengthen your payment ability
An expert offers advice on how prospective home loan applicants can improve their financial readiness for obtaining a mortgage.
Why couples argue about money and how to avoid it?
The article discusses how financial security in a relationship begins with joint planning and clear agreements, emphasizing the importance of communication about money matters between partners.
Pole Paha ⟩ Estonia's new loan allows for home exchange even when the old home is unsold
Luminor has introduced a financing solution that enables individuals to purchase a new home before selling their old one, offering up to 12 months of payment deferral.
Luminor expands pension fund options: a new third-level fund is launched
Luminor launches a new third-level pension fund, designed to provide a simple and clear way to invest in global equity markets through a passive investment model.