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
10938
Attachments
Submission date and time
12.02.2024 08:00:00
Content of announcement in Estonian
Title
Coop Pank AS 2024. aasta jaanuari tulemused
Message
Coop Panga 2024. aasta jaanuari majandustulemused:
* Panga klientide arv kasvas jaanuaris 2400 võrra ja aktiivselt arveldavate
klientide arv langes 900 võrra. Kuu lõpuks ulatus klientide arv 184 900-ni
ja aktiivselt arveldavate klientide arv 81 100-ni. Aastaga on kliendibaas
kasvanud 23%
* Panga klientide hoiuste maht kasvas jaanuaris 21 miljoni euro võrra ulatudes
kuu lõpu seisuga 1,74 miljardi euroni. Äriklientide hoiused kasvasid 12
miljonit ja eraklientide hoiused kasvasid 9 miljonit eurot.
Rahvusvahelistelt platvormidelt kaasatud hoiuste maht püsis stabiilsena.
Aastaga on panga hoiuste maht kasvanud 15%.
* Panga laenuportfell kasvas jaanuaris 22 miljoni euro võrra ja jõudis kuu
lõpu seisuga 1,51 miljardi euroni. Ärilaenud kasvasid 17 miljonit eurot,
kodulaenud 3 miljonit eurot, liising 3 miljonit eurot ja
tarbimisfinantseerimine kahanes 1 miljonit eurot. Aastaga on panga
laenuportfell kasvanud 15%.
* Jaanuaris tehti laenude allahindluseid 0,6 miljoni euro ulatuses.
* Võrreldes möödunud aasta esimese kuuga on käesoleval aastal sama ajaga panga
netotulud kasvanud 13% ja tegevuskulud 32%.
* Pank teenis jaanuaris 3 miljonit eurot puhaskasumit, mida on 2% rohkem kui
aasta tagasi samal perioodil.
* Panga omakapitali tootlus oli jaanuaris 18,7%, kulu-tulu suhe 45%.
Coop Panga juhatuse liikme ja finantsjuhi Paavo Truu kommentaar:
?Coop Panga jaanuarikuu majandustulemused kinnitavad panga tugevat aasta algust:
head kasvu näitas nii hoiuste kui ka laenuportfell, millesse panustasid nii era-
kui ka ärikliendid.
Aasta alguses oleme näinud rahaturgudel intresside langustrendi jätkumist,
millest võidavad laenajad ja kaotavad hoiustajad. Kuna Euroopa Keskpanga juhitud
majandust jahutav kõrgete intresside ajajärk on selleks korraks lõppemas,
kasutavad hoiustajad praegu veel viimaseid võimalusi avada hea intressiga
tähtajalisi hoiuseid, sest nii häid pakkumisi lähiajal enam oodata ei ole.
Ärilaenude kõrval näitas jaanuaris korralikku kasvu kodulaenude portfell, mida
mõjutas muuhulgas õpetajate toetamiseks mõeldud kodulaenu pakkumine. Coop Pank
pakub alates jaanuarist üldhariduskoolide ja lasteaedade õpetajatele
soodustingimustel kodulaenu, millel on madalam intressimarginaal ning lisaks
tasub pank ka õpetaja eest laenulepingu tasu ja esimese aasta kodukindlustuse
maksed."
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 184 900 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 January 2024
Message
Coop Pank's financial results in January 2024:
* In January, number of the bank's clients increased by 2,400 and number of
active clients decreased by 900. By the end of the month number of clients
reached 184,900 and number of active clients reached 81,100. Over the year,
customer base has grown by 23%.
* Volume of the bank's customer deposits increased by 21 million euros,
reaching 1.74 billion euros by the end of month. Deposits of corporate
customers increased by 12 million and deposits of private customers
increased by 9 million euros. The volume of deposits attracted from
international platforms remained stable. Over the year, volume of bank
deposits increased by 15%.
* The bank's loan portfolio increased by 22 million euros over the month and
reached 1.51 billion euros by the end of January. Corporate loans increased
by 17 million euros, home loans by 3 million euros, leasing by 3 million
euros and consumer financing decreased 1 million euros. Over the year, loan
portfolio increased by 15%.
* In January, the loan impairment cost was 0.6 million euros.
* Compared to the first month of last year, the bank's net income has
increased by 13% and expenses by 32% during the same period this year.
* The bank earned net profit of 3 million euros in January, that is 2% more
than in the same period last year.
* In January, Coop Pank's return on equity was 18.7% and the cost-income ratio
was 45%.
Comment by Paavo Truu, Member of the Management Board and CFO of Coop Pank:
"Coop Pank's financial results of January confirm the bank's strong start to the
year: good growth was shown by both the deposit and loan portfolio, in which
both private and business customers contributed.
At the beginning of the year, we have seen a continuation of the downward trend
of interest rates in money markets, this is a win for borrowers and a loss for
depositors. As the era of high interest rates, which is led by the European
Central Bank and cooling the economy, is ending for now, the savers are
currently using the last opportunities to open term deposits with good interest,
because in the near future such good offers are no longer expected.
In addition to corporate loans, the portfolio of home loans showed decent growth
in January, which was influenced, among other things, by the offer of home loans
intended to support teachers. Starting in January, Coop Pank offers home loans
to the teachers of secondary schools and kindergartens on favourable terms with
a lower interest margin, and in addition, the bank pays a loan contract fee for
teachers along with their home insurance premiums for the first year."
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 184,900. 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])