Coop Pank AS
TTAL:CPA1T2.38
EUR
-0.02
(-0.84%)
ISIN
EE3100007857
Return %
Stock
S&P 500
1Y
23.96
14.20
3Y
-5.19
81.12
5Y
-28.25
68.34
Capital Structure
EUR
•
in mil. unless spec.Working Capital
EUR
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in mil. unless spec.Growth Rates
EUR
•
in mil. unless spec.Quarterly Revenue
EUR
•
in mil. unless spec.Quarterly Earnings Per Share
EUR
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in mil. unless spec.Quarterly Dividends Per Share
EUR
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in mil. unless spec.Company Description
- CEO
- Arko Kurtmann
- Sector
- Finance
- Industry
- Regional banks
- Address
- Tallinn Estonia
- IPO Date
- Dec 9, 2019
- Website
- cooppank.ee
- Similar Companies
- Business
- Coop Pank AS is an Estonia-based commercial bank that provides a comprehensive range of retail and corporate banking services to private individuals, small and medium-sized enterprises, and corporate clients across Estonia. Headquartered in Tallinn, Estonia, and founded in 1992 as AS Eesti Krediidipank before being acquired by consumer cooperative group Coop Eesti and reorganized under the Coop Pank brand in 2017, the bank operates across four principal business segments: Retail Banking, Business Banking, Leasing, and Other Operations. The institution utilizes a hybrid distribution model integrating digital platforms, branch offices, and the nationwide retail network of Coop grocery stores. The company offers a structured portfolio of banking and financial products, including daily banking services, comprising private and business current accounts, demand deposits, fixed-term deposits, and debit cards; retail financing solutions, comprising residential mortgage loans, home improvement loans, consumer loans, unsecured small loans, car loans, and credit cards; corporate banking facilities, comprising working capital loans, investment loans, real estate project loans, agricultural financing, bank guarantees, and trade factoring; asset financing and leasing services, comprising vehicle leasing, commercial fleet leasing, and machinery and equipment leasing; and ancillary financial services, comprising insurance brokerage and cash management. Through its retail integration, the bank facilitates over-the-counter banking operations, including cash deposits, cash withdrawals, and payment processing at retail checkouts across Estonia. The bank conducts operations through operating subsidiaries, including Coop Liising AS, Coop Finants AS, Coop Kindlustusmaakler AS, and CP Varad AS. In recent developments, Coop Pank AS has strengthened its capital adequacy and funding structure through public issues of subordinated bonds and Additional Tier 1 capital securities listed on the Nasdaq Tallinn Baltic Bond List to support credit expansion. The bank has expanded its product offerings with green financing products, including energy-efficiency home mortgages, solar energy installation loans, and sustainability-linked corporate credit. Operationally, the institution has upgraded its core digital banking architecture, introducing automated credit decisioning engines, enhanced mobile banking functionalities, and expanded API integrations with merchant partners. Coop Pank has also deepened its operational alignment with Coop Eesti retail networks to expand customer acquisition channels and increased its participation in pan-European cross-border deposit platforms to diversify funding sources.