We gained a deep insight into the Estonian property and financial markets with active transactions and property management since 1996. Establishing a real estate management company turned out to be the keystone in the foundation of Geldex mortgage agency.
The first mortgage loan was issued to an Estonian citizen only after we elaborated our fast, efficient and unique system of pledge assessment system was elaborated, and thoroughly studied the legal mechanisms of granting a loan and getting it returned.
In 2011 we realized that our business process is already good enough to help other investors grow their assets in a protected way.
In 2012 we set a strategic goal of growing our fast and clear business and efficiently expanding it far beyond the Baltic states in the European Union. With new Geldex brand name we want to share to the world our main value and business principle – trust and credibility.
We were anxious to see whether our highly efficient Estonian branch can be cloned. In 2014 the first foreign branch is opened in Lithuania, and the first mortgage loan was issued withing a week from the opening date.
At request of an international hedge fund we made the first issue of Geldex Eurobond.