The story of Holm Bank

Holm is an Estonian-owned bank whose operations are subject to Estonian Financial Supervision Authority oversight. We were the first bank in Estonia to be issued with a credit institution licence by the European Central Bank, enabling us to offer financial services all over Europe.

Since April 2019 we have been operating under the name Holm Bank AS and have all the rights of a bank, but via Koduliising OÜ (the bank’s forerunner) we have been offering financial services under the Liisi trademark since 1995. Our services include hire purchases, physical and virtual credit cards, deposits, and a range of private and business loans. Our services can be used online and via our app.

In autumn 2019 we entered into a cooperation agreement with Europe’s #1 deposit marketplace Raisin and started offering term deposits in Germany and Austria. During that same period, our bank obtained a majority share in the Latvian company SIA Best Lizings, which has been operating under the name Holm Bank Latvia SIA since October 2020. Today the company is 100% owned by Holm Bank AS and offers financial services to entrepreneurs and consumers, including loan products, credit cards, and hire purchases.

Holm is a growing and developing bank. We analyse and test new markets to find environments that match our business model, evaluate our potential for success, and tailor services accordingly. For example, between summer 2020 and November 2021 we offered a virtual card service in Sweden. In doing so, we gained valuable experience that will help us in launching new development projects.

In northern climes, the word ‘holm’ means a small island, and that is precisely what inspired the bank’s name – the small islands around Haapsalu in Estonia. Our ambition is to offer clients flexible financial solutions on our home market as well as further afield. We work to ensure that our services are easily accessible on mobile devices (both online and via our app) and create opportunities for our clients to realise their plans. Our specialists provide consultancy and help clients reach responsible, sustainable choices. The core values among our staff are speed, flexibility, and a personal approach. We are a bank that supports good plans.