Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. Estonia
  4. Nasdaq Tallinn
  5. AS LHV Group
  6. News
  7. Summary
    LHVST   EE3100073644


SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

AS LHV : LHV Pank became a direct member of the European Direct Debit Scheme

11/25/2021 | 11:10am EST


LHV became a direct member of the European Direct Debit Scheme, which means that LHV will be able to accept and send out direct debit collections in euro between all banks in the SEPA region that have joined the Scheme.

However, the change does not mean anything new for LHV retail customers at the moment. In Estonia, the e-invoicing service continues to be used instead of direct debits.

At the moment, LHV Bank is also the only direct member of the scheme of direct debits from Estonian banks and therefore, in the future, it will be the clients who make euro payments abroad that will benefit from the direct debits system, for example when making regular payments to international service providers. This new service can be opened to the LHV clients in 2022.

A direct debit is an agreement between the beneficiary and the payer, according to which the payer's bank makes a transfer from the customer's account to the beneficiary on an agreed date. In Estonia, direct debits were a rather common way of paying invoices until 2014, when direct debits were replaced by e-invoices.

All news


LHV Group AS published this content on 25 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 November 2021 16:09:04 UTC.

© Publicnow 2021
All news about AS LHV GROUP
01/20AS LHV : LHV is the best employer in Estonia
01/19Outcome of Supervisory Review and Evaluation Process by the FSA and AS LHV Group's inte..
01/19AS LHV : LHV joined the global Partnership for Carbon Accounting Financials
01/18AS LHV : LHV has also added crypto asset trading to its Internet bankLHV has also added cr..
2021AS LHV : LHV opening hours and payment flows during Christmas and New Year's Eve
2021Paul Horner to become a member of the Board of Directors of LHV UK Limited
2021LHV Group results in November 2021
2021AS LHV : LHV becomes major sponsor of Estonian biathlon
2021LHV Group renewed mandates of subsidiaries' supervisory board members
2021AS LHV : The Banker declares LHV the best bank in Estonia for the third year in a row
More news
Sales 2020 92,6 M 105 M 105 M
Net income 2020 38,0 M 43,0 M 43,0 M
Net cash 2020 2 100 M 2 382 M 2 382 M
P/E ratio 2020 15,1x
Yield 2020 1,49%
Capitalization 1 259 M 1 428 M 1 427 M
EV / Sales 2019 -11,8x
EV / Sales 2020 -16,6x
Nbr of Employees 600
Free-Float 54,2%
Duration : Period :
AS LHV Group Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Managers and Directors
Madis Toomsalu Chief Executive Officer & Director
Meelis Paakspuu Chief Financial Officer
Rain Lõhmus Chairman-Supervisory Board
Tiina Mõis Member-Supervisory Board
Raivo Hein Member-Supervisory Board