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
9061
Attachments
Submission date and time
10.09.2021 08:00:00
Content of announcement in Estonian
Title
Coop Pank AS 2021. aasta augusti tulemused
Message
Coop Panga 2021. aasta augusti majandustulemused:
* Panga klientide arv kasvas augustis 2300 võrra ja ulatus kuu lõpuks 104 700-
ni. Aastaga on kliendibaas kasvanud 34%.
* Panga klientide hoiuste maht kasvas augustis 27 miljoni euro võrra ulatudes
kuu lõpu seisuga 920 miljoni euroni. Äriklientide hoiused kasvasid 21
miljonit ja eraklientide hoiused 4 miljonit. Rahvusvahelistelt platvormidelt
kaasatud hoiuste maht kasvas 2 miljonit eurot. Aastaga on panga hoiuste maht
kasvanud 34%.
* Panga laenuportfell kasvas augustis 43 miljoni euro võrra ja jõudis kuu lõpu
seisuga 838 miljoni euroni. Ärilaenud kasvasid 35 miljonit eurot, kodulaenud
7 miljonit eurot ja liising 1 miljon eurot. Aastaga on panga laenuportfell
kasvanud 44%.
* Suur uute laenude maht tingis augustis ka suurema allahindluspuhvri
moodustamise ning sellest tuleneva kulu kasumiaruandes.
* Võrreldes möödunud aasta kaheksa esimese kuuga on käesoleval aastal sama
ajaga panga netotulud kasvanud 26% ja tegevuskulud 19%.
* Pank teenis augustis 1,1 miljon eurot puhaskasumit, aasta kaheksa esimese
kuuga on pank teeninud 103% rohkem kasumit kui samal perioodil eelmisel
aastal.
* Panga omakapitalitootlus oli augustis 12,4%, kulu-tulu suhe 54,2%.
Coop Panga juhatuse esimehe Margus Rinki kommentaar:
?Coop Panga laenuportfell tegi augustis rekordilise kasvu, millesse suurema osa
andsid ärilaenud. Kui eelmisel aastal nägime, et ettevõtted eelistasid meid
eelkõige tänu headele hoiuseintressidele, siis sellel aastal näeme, et meid
nähakse üha enam ka tugeva partnerina projektide finantseerimisel.
Oleme suutnud kiire laenuportfelli kasvu juures hoida selle kvaliteeti kõrgel
tasemel ning näidanud seejuures head kasumlikkust. Coop Pangal on
rahvusvaheliselt reitinguagentuurilt Moody's stabiilse väljavaatega
investeerimisjärgu reiting Baa2, mis annab eelkõige äriklientidele, Eesti
riigile ja kohalikele omavalitsustele täiendava kindlustunde tulla Coop Panga
kliendiks ning hoida oma raha kodumaises finantsasutuses.
Pank teenis augustis 1,1 miljon eurot puhaskasumit, omakapitalitootlus oli
12,4% ja kulu-tulu suhe 54,2%."
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 104 700 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 August 2021
Message
Coop Pank's financial results in August 2021:
* In August, number of the bank's clients increased by 2,300 and reached
104,700 by the end of the month. Over the year, customer base has grown by
34%.
* Volume of the bank's customer deposits increased by 27 million euros,
reaching 920 million euros by the end of month. Deposits of corporate
customers increased by 21 million and deposits of private customers by 4
million. The volume of deposits attracted from international platforms
increased by 2 million euros. Over the year, volume of bank deposits has
grown by 34%.
* The bank's loan portfolio increased by 43 million euros over the month and
reached 838 million euros by the end of August. Business loans increased by
35 million euros, home loans by 7 million euros and leasing by 1 million
euros. Over the year, loan portfolio has grown by 44%.
* Large volume of new loans also led to making bigger impairment reserve in
August, and the resulting expense in the income statement.
* Compared to the first eight months of last year, the bank's net income has
increased by 26% and expenses by 19% during the same period this year.
* The bank earned net profit of 1,1 million euros in August, in the first
eight months of the year the bank has earned 103% more profit than in the
same period last year.
* In August, Coop Pank's return on equity was 12.4%, the cost-income ratio was
54.2%.
Comment by Margus Rink, Chairman of the Management Board of Coop Pank:
"In August, Coop Pank's loan portfolio increased at a record pace, most of which
came from business loans. If last year we saw that companies preferred Coop Pank
primarily due to good deposit interest rates, then this year we see that we are
more and more considered as a strong partner in financing projects.
Our fast-growing loan portfolio quality has stayed at high level and shows good
profitability at the same time. Coop Pank has investment grade credit rating
with a stable outlook at level Baa2. The rating gives primarily to the
businesses, the Estonian state and local governments additional confidence to
become a customer of Coop Pank and keep their money in a domestic financial
institution.
In August, the bank earned net profit of 1.1 million euros, a return on equity
was 12.4% and a cost-income ratio 54.2%."
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 104,700. 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]