In 2025, Coop Pank continued to implement its growth strategy and achieved strong growth in both its customer base and loan portfolio. Overall, interest rates declined in 2025 and subsequently stabilized, which was reflected in the lending market and improved confidence among both businesses and households. This had a positive impact on Coop Pank’s results as well as on the Estonian banking landscape as a whole. Over the year, the number of Coop Pank customers increased by 19,000 (+9%) and the number of act ...

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]