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
8570
Attachments
Submission date and time
12.02.2021 08:00:00
Content of announcement in Estonian
Title
Coop Pank AS 2021. aasta jaanuari tulemused
Message
Coop Panga 2021. aasta jaanuari majandustulemused:
* Panga klientide arv kasvas jaanuaris 2300 võrra ja ulatus kuu lõpuks 89 000-
ni. Aastaga on kliendibaas kasvanud 35%.
* Panga klientide hoiuste maht kasvas jaanuaris 15 miljoni euro võrra ulatudes
jaanuari lõpu seisuga 773 miljoni euroni. Kodumaiste äri- ja eraklientide
hoiused kasvasid kokku 17 miljonit eurot, rahvusvahelistelt platvormidelt
kaasatud hoiuste maht vähenes 2 miljonit eurot. Aastaga on panga hoiuste
maht kasvanud 55%.
* Panga laenuportfell kasvas jaanuaris 7 miljoni euro võrra ja jõudis kuu lõpu
seisuga 677 miljoni euroni. Aastaga on panga laenuportfell kasvanud 42%.
* Laenude allahindluse kulu oli jaanuaris 0,2 miljonit eurot, mis on 21% vähem
kui aasta varem.
* Aastaga on panga netotulud kasvanud 28% ja tegevuskulud 8%.
* Pank teenis jaanuaris 1,07 miljon eurot puhaskasumit, mis on 89% rohkem kui
samal perioodil aasta tagasi.
Coop Panga juhatuse esimehe Margus Rinki kommentaar:
?Head meelt teeb jätkuvalt klientide arvu kiire kasv. Usun, et inimesed
väärtustavad üha enam, et Coop nii panga kui ka jaekaubandusketina reaalselt
lahendab Eesti inimeste jaoks olulist probleemi, tuues igapäevased pangateenused
ja esmatarbekaubad inimeste elukohale lähemale. Suuremad soodustused
igapäevastele kaupadele Coopi poodides on täna üks olulisemaid argumente panga
kliendiks tulemisel.
Klientide arvu kasv tõi kaasa kodumaiste hoiuste jätkuva sissevoolu: kodumaiste
äri- ja eraklientide hoiused kasvasid jaanuaris kokku 17 miljonit eurot ja
aastaga oleme hoiuste mahtu kasvatanud 55%.
Nägime jaanuaris tavapärasest mõnevõrra tagasihoidlikumalt laenuportfelli kasvu,
kuid aastaga on panga laenuportfell kasvanud märkimisväärsed 42%.
Jaanuari tugev kasum on täiendav kinnitus, et panga kiiresti kasvavad ärimahud
on jõudnud tasemele, mis võimaldavad kasvatada tulusid kuludest oluliselt
kiiremini. Seetõttu saavutasime jaanuaris kõigis olulistes tulemusnäitajates
rekordilised tasemed. Panga kulu-tulu suhe oli jaanuaris 54,4% ja omakapitali
tootlikkus 12,8%. Kuigi majanduse väljavaade käesolevaks aastaks ei ole veel
lõplikult selge, jätkame ärimahtude kasvatamise kursil ka 2021. aastal."
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 89 000 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 330 kauplust.
Lisainfo:
Kerli Lõhmus
Finantsjuht
Telefon: +372 669 0902
E-post: [email protected]
Content of announcement in English
Title
Coop Pank AS results for January 2021
Message
Coop Pank's financial results in January 2021:
* In January, number of the bank's clients increased by 2,300 and reached
89,000 by the end of the month. Over the year, customer base has grown by
35%.
* Volume of the bank's customer deposits increased by 15 million euros,
reaching 773 million euros by the end of month. Deposits of domestic
corporate and private clients increased by a total of 17 million euros,
volume of deposits attracted from international platforms decreased by 2
million euros. Over the year, volume of bank deposits has grown by 55%.
* The bank's loan portfolio increased by 7 million euros over the month and
reached 677 million euros by the end of January. Over the year, loan
portfolio has grown by 42%.
* In January, impairment costs on loans were 0.2 million euros, which is 21%
less than a year earlier.
* Over the year, bank's net income has increased by 28% and expenses by 8%.
* In January, Coop Pank earned net profit of 1,07 million euros, which is 89%
more than in the same period a year ago.
Comment by Margus Rink, Chairman of the Management Board of Coop Pank:
" We are pleased to have a continuous and rapid growth of the number of
customers. I believe that people increasingly appreciate that Coop, both as a
bank and as a retail chain, will solve an important problem for the Estonian
people, bringing everyday banking services and necessities closer to people's
homes. Greater discounts on everyday goods in Coop stores are today one of the
most important arguments for becoming a Coop Pank customer.
Increase in number of customers led to a continued inflow of domestic deposits:
domestic corporate and private deposits grew by a total of 17 million euros in
January and we have increased volume of deposits by 55% over the year.
In January, we saw a more modest growth of loan portfolio than usual, but over
the year bank's loan portfolio has grown significantly by 42%.
Strong profit in January is a further confirmation that the bank's rapidly
growing business volumes have reached a level, that will enable us to grow
revenues significantly faster than expenses. Therefore, we reached record levels
in all key performance indicators in January. The bank's cost-income ratio was
54.4% and return on equity was 12.8%. Although economic outlook for this year is
not yet clear, we will continue on the course of growing our business volumes
also in 2021."
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 89,000. 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 330 stores.
Additional information:
Kerli Lõhmus
CFO
Phone: +372 669 0902
E-mail: [email protected]