Access to financing has long been a challenge for Estonia’s small businesses, creating a significant bottleneck for economic growth. However, the unexpectedly rapid decline in Euribor presents an opportunity that could prove transformative—if leveraged effectively, notes Kristi Hõrrak, a board member of Finora Bank.
Mangirdas Kireilis, a seasoned professional in banking sales, has been appointed Head of Sales for the Baltic countries. He will also lead the Estonian branch, with approval from the Bank of Lithuania.
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The Bank of Lithuania's latest quarterly report offers some encouraging news: the country's GDP is expected to grow by 2.2% this year, which is 0.3 percentage points higher than predicted in June.…
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Finora Bank relocates headquarters to new, larger office in Vilnius, at Žalgirio g. 90 in Vilnius.
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Finora Bank, a Lithuanian-based specialized bank catering to micro, small, and medium enterprises (MSMEs), has successfully raised €5.6 million in a funding round. This significant capital injection, consisting of both equity and…
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Lithuania and Estonia have been competing in the IT sector for a long time. Over the past two years, Lithuania has become the fastest-growing economy in the Baltic region, avoiding the economic…
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According to the latest analysis by Finora Bank, the development of residential and commercial real estate projects remains slow across the Baltic countries. However, the construction sector is finding new opportunities through…
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The aim is to offer loan financing on better terms to ambitious projects in the music, film, architecture or gaming sectors, in order to bring bold ideas to life and rapidly increase…
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Starting today, Finora is bank. We have been issued a special bank license by the European Central Bank, which allows us to start accepting deposits in addition to the financial services offered…
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