Core Insights - Coop Pank is experiencing solid growth in its loan portfolio due to lower loan burdens and improved investment opportunities, despite ongoing economic uncertainty [1] - The bank has successfully reduced its deposit volume while securing long-term funding through covered bond issuance, allowing for a decrease in more expensive deposits [2] - Coop Pank has expanded its Teacher's Home Loan product to include vocational school teachers and has received recognition as the most recommended bank in Estonia [3] - A new cashback loyalty program has been launched in collaboration with Coop retail, offering customers 1% back on purchases made with Coop Pank debit cards [4] - The bank reported a net profit of 2.4 million euros in May, with a return on equity of 13.1% and a cost-to-income ratio of 50% [5] Financial Performance - The number of clients increased by 1,500 in May, reaching a total of 216,000, while active clients decreased by 800 to 102,400 [6] - Customer deposits decreased by 47 million euros in May, totaling 1.76 billion euros, while the loan portfolio increased by 29 million euros to 1.90 billion euros [6] - Year-over-year, the customer base has grown by 11%, and the loan portfolio has increased by 19% [6] - The bank's net income for the first five months of the year decreased by 17% compared to the same period last year, totaling 12.1 million euros [6]