News
Bank Continues Supporting
18.04.2010
The Chairman of the Board of the LHV Bank Erki Kilu and the Director of the Traditional Music Center Ando Kiviberg signed the contract on April 15, in the small hall of the Center where the Bank was holding its customers.
Erki Kilu emphasized that LHV is a bank based on Estonian capital which is why they are interested in participating in the events that aim at preserving Estonian national culture. "Entrepreneurs have to contribute in the situation where the state resources are limited in order to assure the sustainability of preserving and developing national culture," he said.
"The collaboration of more than a year has proved us that the power of Estonian Traditional Music Center does not reside merely in one big summer event, it lays rather in their active year-round functioning in Viljandi and in other towns. That is why we decided, in addition to sponsoring the Festival, to support the seasonal activities of the Center as well."
Ando Kiviberg reminded that economic crisis has, within the past couple of years, directly or indirectly had its impact on the whole society and that is why it is especially important to value highly these enterprises who, despite everything, can pay attention to permanent values. "It is a pleasure to work together with people who understand that keeping traditional music alive is not just entertainment - it is an activity vital for the survival of traditional music. It is the musical mother tongue of our nation that touches everybody to smaller or larger extent."
LHV Bank was established in 1999 based on Estonian capital, and is active in Estonia, Latvia and Lithuania. LHV Bank was granted activity license as a credit company on May 6, 2009. The services by LHV Bank are used by more than 13,000 customers LHV became the grand supporter of Viljandi Folk Music Festival in January 2009.