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
18576
Submission date and time
12.05.2026 22:30:00
Content of announcement in Estonian
Title
Moody's tõstis Coop Panga pikaajaliste hoiuste reitingu tasemele Baa1 ja muutis reitingu väljavaate stabiilseks
Message
Reitinguagentuur Moody's uuendas Coop Panga reitinguhinnangut, mille käigus tõsteti pikaajaliste hoiuste reiting tasemele Baa1 (seniselt tasemelt Baa2) ja muudeti reitingu väljavaade stabiilseks. Coop Panga finantsjuhi Paavo Truu sõnul kinnitab krediidireitingu tõstmine ja stabiilse väljavaate andmine, et pank on muutunud veelgi usaldusväärsemaks. Reitinguagentuur toob oma teates positiivsete asjaoludena välja Coop Panga laenuportfelli head kvaliteeti, tugevat kapitaliseeritust ja head kasumlikkust. ?Reitinguhinnangu tõstmine annab nii eraisikutele kui ka äridele täiendava kindlustunde tulla Coop Panga kliendiks ning hoida oma raha kodumaises finantsasutuses," sõnas Truu. Moody's Ratings'i poolt Coop Pank AS-ile kinnitatud reitingud: * Välis- ja kohalikus valuutas pikaajaliste pangahoiuste reiting Baa1 * Välis- ja kohalikus valuutas lühiajaliste pangahoiuste reiting P-2 * Pika- ja lühiajaline vastaspoole riskihinnang A3(cr)/P-2(cr) * Pika- ja lühiajaline vastaspoole riski reiting A3/P-2 * Baaskrediidihinnang (BCA) baa3 * Kohandatud baaskrediidihinnang baa3 Reitingu väljavaade on stabiilne. Teade Moodys'e poolt koostatud aruande kohta on leitav: https://ratings.moodys.com/ratings-news/465020 Eesti kapitalil põhinev Coop Pank on üks viiest Eestis tegutsevast universaalpangast. Pangal on 231 000 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
Moody’s upgraded Coop Pank’s long-term deposit rating to Baa1 and changed the outlook to stable
Message
Credit rating agency Moody's Ratings has updated Coop Pank's rating assessment, upgrading the bank's long-term deposit rating to Baa1 (from Baa2) and revising the rating outlook to stable. According to Coop Pank's CFO, Paavo Truu, the rating upgrade and the assignment of a stable outlook confirm that Coop Pank has become even more reliable. In its announcement, the rating agency highlights the good quality of Coop Pank's loan portfolio, strong capitalisation, and solid profitability as positive factors. "The rating upgrade provides both private individuals and businesses with additional confidence to become clients of Coop Pank and to keep their money in a domestic financial institution," said Truu. Ratings affirmed by Moody's Ratings for Coop Pank AS: * Foreign- and local currency long-term bank deposit rating Baa1 * Foreign- and local currency short-term bank deposit rating P-2 * Long- and short-term counterparty risk assessment of A3(cr)/P-2(cr) * Long- and short-term counterparty risk rating of A3/P-2 * Baseline credit assessment (BCA) baa3 * Adjusted baseline credit assessment baa3 The long-term deposit ratings outlook is stable. The announcement on the report prepared by Moody's can be found at https://ratings.moodys.com/ratings-news/465020 Coop Pank, based on Estonian capital, is one of the five universal banks operating in Estonia. The bank has 231,000 clients who use everyday banking services. Coop Pank uses the synergy created between retail trade and banking and brings everyday banking solutions closer to people. The majority shareholder of the Bank is a domestic retail chain Coop Eesti, the sales network of which comprises 320 stores. Additional information: Paavo Truu CFO Phone: +372 5160 231 E-mail: [email protected] (mailto:[email protected])