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
7852
Attachments
Submission date and time
11.03.2020 08:00:00
Content of announcement in Estonian
Title
Coop Pank 2020. aasta veebruari tulemused
Message
Coop Panga 2020 veebruari majandustulemused:
* Panga kliendiarv kasvas veebruaris 2100 kliendi võrra ja ulatus kuu lõpuks
67 800-ni.
* Panga neto laenuportfell jõudis 489 miljoni euroni, kasvades kuuga 13
miljoni euro võrra. Veebruaris näitasid väga head kasvu kodulaenude ning
ärilaenude portfell.
* Coop Panga hoiuste maht kasvas kuuga 21 miljoni euro võrra ning ulatus
veebruari lõpu seisuga 519 miljoni euroni.
* Pank teenis veebruaris 530 tuhat eurot puhaskasumit.
Coop Panga juhatuse esimehe Margus Rinki kommentaar: ?Oleme aasta esimese kahe
kuuga suutnud näidata jätkuvalt kiiret kasvu, tulud on aastases võrdluses
suurenenud 39%, kulud 26% ja puhaskasum 43%. Head meelt teeb samuti klientide
arvu kasv ning koos sellega nõudmiseni hoiuste mahu tõus, mis võimaldab
vähendada tulevikus finantseerimiskulu."
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 67 800 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:
Kerli Lõhmus
Finantsjuht
Telefon: +372 669 0902
E-post: [email protected]
Content of announcement in English
Title
Coop Pank results for February 2020
Message
Coop Pank's financial results in February 2020:
* The bank's customer base increased by 2,100, reaching 67,800 by the end of
the month.
* In the same period, the bank's loan portfolio increased by EUR 13 million,
having reached EUR 489 million. Business loans and mortgages portfolio
showed the highest growth.
* The amount of deposits in Coop Pank reached EUR 519 million by the end of
February, increased by EUR 21 million.
* The bank earned a net profit of EUR 530 thousand in February.
Commentary by Margus Rink, Chairman of the Management Board of Coop Pank: ?In
the first two months of the year, we have continued to show strong growth, with
revenue up 39% year on year, costs up 26% and net profit 43%. We are also
pleased with the increase of customer base and, consequently the increase in
demand deposits that allows to reduce financing costs in the future."
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 67,800. 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 of 340 stores.
Additional information:
Kerli Lõhmus
CFO
Phone: +372 669 0902
E-mail: [email protected]