Market announcement
Coop Pank AS
LEI code
549300EHNXQVOI120S55
Size of the entity
Large group
Economic activities
Financial and Insurance Activities
Industry sector(s)
Credit institution
Country of registered office
Estonia
General information
Categories
Other corporate action
Unique data record identifier
10180
Attachments
Submission date and time
13.03.2023 08:00:00
Content of announcement in Estonian
Title
Coop Pank AS 2023. aasta veebruari tulemused
Message
Coop Panga 2023. aasta veebruari majandustulemused:
* Panga klientide arv kasvas veebruaris 2300 võrra ja aktiivselt arveldavate
klientide arv kasvas 1800 võrra. Kuu lõpuks ulatus klientide arv 152 200-ni
ja aktiivselt arveldavate klientide arv 68 000-ni. Aastaga on kliendibaas
kasvanud 27%
* Panga klientide hoiuste maht vähenes veebruaris 11 miljoni euro võrra
ulatudes kuu lõpu seisuga 1,51 miljardi euroni. Äriklientide hoiused
kahanesid 15 miljonit ja eraklientide hoiused kasvasid 7 miljonit eurot.
Rahvusvahelistelt platvormidelt kaasatud hoiuste maht kahanes 3,6 miljoni
euro võrra. Aastaga on panga hoiuste maht kasvanud 31%.
* Panga laenuportfell kasvas veebruaris 12 miljoni euro võrra ja jõudis kuu
lõpu seisuga 1,32 miljardi euroni. Kodulaenud kasvasid 8 miljonit eurot,
ärilaenud 2 miljonit eurot, liising 1 miljonit eurot ja
tarbimisfinantseerimine kasvas 1 miljonit eurot. Aastaga on panga
laenuportfell kasvanud 33%.
* Veebruaris tehti laenude allahindluseid 0,2 miljoni euro ulatuses.
* Võrreldes möödunud aasta kahe esimese kuuga on käesoleval aastal sama ajaga
panga netotulud kasvanud 67% ja tegevuskulud 23%.
* Pank teenis veebruaris 2,9 miljonit eurot puhaskasumit. Aasta kahe esimese
kuuga on pank teeninud kokku 5,8 miljonit eurot, mida on 110% rohkem kui
aasta tagasi samal perioodil.
* Panga omakapitali tootlus oli veebruaris 24,6%, kulu-tulu suhe 43%.
Coop Panga juhatuse esimehe Margus Rinki kommentaar:
?Hoolimata sellest, et veebruar oli tavapärasest lühem kuu, kasvas meie uute
klientide arv ja aktiivsus hoogsalt. See näitab, et Coop Panga kliendipakkumine
kõnetab nii eraisikuid kui ka ettevõtjaid ning suunab neid panka vahetama.
Näeme, et hindade ja euribori kasv on vähendanud tarbijate ja ettevõtete vaba
raha ning konkurents hoiustele on jõudsalt kasvanud. Coop Pank on oluliselt
tõstnud hoiuse intresse ja pakub praegu kohalikule tähtajalise hoiusele kuni
3,33% aastaintressi, et vähendada välismaiste deposiitide osakaalu ja pakkuda
eestimaalaste rahale parimat hinda.
Nõudlus uute laenude järele on tänases majanduskeskkonnas selgelt langenud. Coop
Panga laenuportfell kasvas veebruaris 12 miljonit eurot ja suurima osa sellest
kasvust moodustasid kodulaenud. Coop Panga laenuportfelli kvaliteet püsib väga
hea ja veebruarikuu laenuportfelli provisjonid olid oluliselt alla pikaajalise
keskmise taseme.
Coop Panga veebruarikuu puhaskasum oli 2,9 miljonit eurot, omakapitali tootlus
24,6% ja kulu-tulu suhe 43%."
Coop Panga põhjalikumad kvartaliaruanded on leitavad aadressil:
https://www.cooppank.ee/finantsaruanded
Eesti kapitalil põhinev Coop Pank on üks viiest Eestis tegutsevast
universaalpangast. Pangal on 152 200 igapäevapanganduse klienti. Coop Pank
kasutab jaekaubanduse ja panganduse vahel tekkivat sünergiat ning toob
igapäevased pangateenused kodule lähemale. Panga strateegiline omanik on
kodumaine kaubanduskett Coop Eesti, mille müügivõrgustikku kuulub 320 kauplust.
Lisainfo:
Paavo Truu
Finantsjuht
Telefon: 5160 231
E-post: [email protected] (mailto:[email protected])
Content of announcement in English
Title
Coop Pank AS results for February 2023
Message
Coop Pank's financial results in February 2023:
* In February, number of the bank's clients increased by 2,300 and number of
active clients increased by 1800. By the end of the month number of clients
reached 152,200 and number of active clients reached 68,000. Over the year,
customer base has grown by 27%.
* Volume of the bank's customer deposits decreased by 11 million euros,
reaching 1.51 billion euros by the end of month. Deposits of corporate
customers decreased by 15 million and deposits of private customers
increased by 7 million euros. The volume of deposits attracted from
international platforms decreased by 3,6 million euros. Over the year,
volume of bank deposits has grown by 31%.
* The bank's loan portfolio increased by 12 million euros over the month and
reached 1.32 billion euros by the end of February. Home loans increased by
8 million euros, business loans by 2 million euros, leasing by 1 million
euros, consumer financing 1 million euros. Over the year, loan portfolio has
grown by 33%.
* In February, the loan impairment cost was 0.2 million euros.
* Compared to the first two month of last year, the bank's net income has
increased by 67% and expenses by 23% during the same period this year.
* The bank earned net profit of 2.9 million euros in February. In the first
two months of the year, the bank has earned a net profit of 5.8 million
euros, that is 110% more than in the same period last year.
* In February, Coop Pank's return on equity was 24.6% and the cost-income
ratio was 43%.
Comment by Margus Rink, Chairman of the Management Board of Coop Pank:
"Despite the fact, that February was a shorter month than usual, the number and
activity of our new customers increased rapidly. This shows that Coop Pank's
customer offer appeals to both private and corporate customer and directs them
to switch bank.
We can see that the increase in prices and Euribor has reduced the free money of
consumers and companies, and the competition for deposits has grown strongly.
Coop Pank has significantly raised deposit interest rates and currently offers
up to 3.33% annual interest on local term deposits, in order to reduce the share
of foreign deposits and offer the best price for Estonians' money.
Demand for new loans has clearly fallen in today's economic environment. Coop
Pank's loan portfolio increased by 12 million euros in February, and home loans
made up the largest part of this growth. The quality of Coop Pank's loan
portfolio remains very good, and February's loan portfolio provisions were
significantly below the long-term average level.
Coop Pank's net profit in February was 2.9 million euros, the return on equity
was 24.6% and the cost-income ratio was 43%."
More detailed quarterly reports of Coop Pank are available at:
https://www.cooppank.ee/en/financial-reports
Coop Pank, based on Estonian capital, is one of the five universal banks
operating in Estonia. The number of clients using Coop Pank for their daily
banking reached 152,200. Coop Pank aims to put the synergy generated by the
interaction of retail business and banking to good use and to bring everyday
banking services closer to people's homes. The strategic shareholder of the bank
is the domestic retail chain Coop Eesti, comprising of 320 stores.
Additional information:
Paavo Truu
CFO
Phone: +372 5160 231
E-mail: [email protected] (mailto:[email protected])