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
Annual financial report
Unique data record identifier
7870
Attachments
Submission date and time
17.03.2020 08:00:00
Content of announcement in Estonian
Title
Coop Pank 2019. aasta auditeeritud majandusaasta aruanne
Message
Coop Pank juhatus on koostanud 2019. aasta majandusaasta auditeeritud aruande. Võrreldes 11. veebruaril 2020 avaldatud auditeerimata majandustulemustega ei ole auditeeritud aruandes finantstulemuste osas erinevusi. Coop Pank AS konsolideeritud aastaaruanne 2019 on lisatud sellele teatele ja tehakse kättesaadavaks panga kodulehel aadressil: https://www.cooppank.ee/finantsaruanded Aastaaruanne esitatakse kinnitamiseks aktsionäride üldkoosolekule. Coop Pank kasvatas 2019. aastal kolmandat tegutsemisaastat järjest ärimahtusid 40%. Pangagrupi laenuportfell kasvas 2019. aastal 460 miljoni euroni, kasvades aastaga 131 miljoni euro võrra ehk 40%. 2019. aasta lõpu seisuga ulatus Coop Panga hoiuste maht 507 miljoni euroni, kasvades aastaga 122 miljoni euro võrra ehk 32%. Coop Panga kasum ulatus 2019. aastal 5,5 miljoni euroni, kasvades aastaga 16%. Panga omakapitali tootlus oli 10% juures ning kulude ja tulude suhe püsis 69% tasemel. 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 2019 audited Annual Report
Message
Management Board of Coop Pank has compiled 2019 audited Annual Report. There are no differences in the audited accounts as regards the financial results, compared to the unaudited financial results published on February 11, 2020. The consolidated annual report 2019 of Coop Pank AS has been enclosed to the announcement and will be made available on the banks homepage https://www.cooppank.ee/en/financial-reports Annual report will be presented for approval to general meeting of shareholders. Coop Pank increased its business volumes by 40% for the third consecutive year. Banking group's loan portfolio reached EUR 460 million in 2019 having increased by EUR 131 million or 40% over the year. As at the end of 2019, Coop Pank's deposits totalled EUR 507 million, having increased by EUR 122 million or 32% over the year. In 2019, the profit of Coop Pank reached EUR 5.5 million, having grown by 16% over the year. The bank's return on equity was at 10% and the cost- to-income ratio remained at 69% 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 is 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]