Finantsinspektsioon confirmed the capital requirements and guidelines of Coop Pank AS at the current level

Core Viewpoint - Finantsinspektsioon has confirmed that the capital requirements and guidance for Coop Pank AS will remain unchanged, ensuring the bank is sufficiently capitalized for growth [1][2]. Capital Requirements - The Pillar 2 requirement is set at 2.75% and the Pillar 2 guidance at 1.50% of the total risk position for Coop Pank AS [2]. - The affirmed capital requirements for Coop Pank AS are as follows: - Common Equity Tier 1 capital (CET1): 10.55% - Base requirement: 4.50% - Capital conservation buffer: 2.50% - Countercyclical buffer: 1.50% - Systematically important institution buffer: 0.50% - Pillar 2 requirement (P2R): 1.55% - Tier 1 capital: 12.56% - Total capital adequacy (CAD): 15.25% [2]. Company Overview - Coop Pank is one of the five universal banks operating in Estonia, with a client base of 225,800 for daily banking services [3]. - The bank aims to leverage the synergy between retail business and banking to enhance accessibility to everyday banking services [3]. - The strategic shareholder of Coop Pank is Coop Eesti, a domestic retail chain with 320 stores [3].