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

7624

Submission date and time

09.12.2019 08:00:00

Content of announcement in Estonian

Title

Coop Pank 2019. aasta novembri tulemused

Message

Börsiteade
9. detsember 2019

Coop Panga 2019. aasta novembri majandustulemused:

  * Panga kliendiarv kasvas novembris rekordilise 3600 kliendi võrra ja ulatus
    kuu lõpuks 61 900-ni.
  * Panga neto laenuportfell kasvas samal ajal 21 miljoni euro võrra jõudes 447
    miljoni euroni. Novembris tegi suure kasvu ärilaenude portfell. Samal ajal
    kasvasid ka kõigi teiste äriliinide laenuportfellid.
  * Coop Panga hoiuste maht ulatus novembri lõpu seisuga 507 miljoni euroni,
    kasvades kuuga 12 miljoni euro võrra.
  * Pank teenis novembris 545 tuhat eurot puhaskasumit.

Coop Panga juhatuse esimehe Margus Rinki kommentaar: ?Novembri kliendiarvu
kasvule andis positiivse tõuke esmalt panga aktsiate avalik pakkumine ja
märkimisel antud eelis klientidele. Teiseks näeme, et alates 5. novembrist Coop
Panga deebetkaardi omanikele kehtima hakanud Coopi kliendiprogrammi parimad
soodustused toob meie juurde uusi kliente Coopi kliendikaardi omanike hulgast."

Coop Panga põhjalikumad kvartaliaruanded on leitavad aadressil:
https://www.cooppank.ee/finantsaruanded

Eesti kapitalil põhinev Coop Pank on üks viiest Eestis tegutsevast
universaalpangast. Coop Pangal on üle Eesti 15 pangakontorit ja 24 pangapunkti.
Pangal on 61 900 igapäevapanganduse klienti. Coop Pank kasutab jaekaubanduse ja
panganduse vahel tekkivat sünergiat ning toob igapäevased pangateenused inimeste
kodu lähedale. Panga enamusaktsionäriks on kodumaine kaubanduskett Coop Eesti,
mille müügivõrgustikku kuulub 340 kauplust.




Lisainfo:
Kristjan Seema
Turundus- ja kommunikatsioonijuht
+372 5505 253
[email protected] (mailto:[email protected])

Content of announcement in English

Title

Coop Pank results for November 2019

Message

Company Announcement
9 December 2019


 Coop Pank's financial results in November 2019:

  * The bank's customer base increased by a record 3,600, reaching 61,900 by the
    end of the month.
  * In the same period, the bank's loan portfolio increased by EUR 21 million,
    having reached EUR 447 million. Business loans showed the highest growth,
    while all other financing business lines contributed to the growth as well.
  * The amount of deposits in Coop Pank reached EUR 507 million by the end of
    November, having in a month grown by EUR 12 million.
  * The bank earned a net profit of EUR 545 thousand in November.

Commentary by Margus Rink, chairman of the management board of Coop Pank: ?The
public offering of bank's shares and the subscription benefit to the clients
were the main drivers of customer growth in November. Secondly, we see that the
best benefits of Coop stores loyalty programme, available now to Coop Pank debit
card holders from 5 November, bring us new clients from among the holders of
Coop loyalty card."

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. It has 15 branch offices and 24 banking points all over
the country. The number of clients using Coop Pank for their daily banking
reached 61,900. 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 main shareholder of the bank is the
domestic retail chain Coop Eesti comprising 340 stores.




Further information:
Kristjan Seema
Head of Marketing and Communication
+372 5505 253
[email protected] (mailto:[email protected])