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Hansa Candle, the largest candle manufacturer in the Baltics, has new owner

50% owners of Hansa Candle AS sold their shareholding in parent company MCC Group AS to DOORopener OÜ. Hansa Candle is the largest candle manufacturer in the Baltics and one of the largest employers in Viljandi County and has been operating since 1996.

Coop Pank moves its headquarters to the new Skyon business centre

The registered address of Coop Pank and its subsidiaries will change starting on 1 August as Coop Pank’s headquarters will have moved to Skyon business centre. Customer service at the new address, 30 Maakri street, will begin on 16 August.

Coop Pank’s legal address to change on 1 August

On 1 August 2021, the legal address of Coop Pank AS will become Maakri 30, 15014 Tallinn. The bank’s main office will be relocating to this new address over the course of the month.

Coop Pank welcomes its one hundred thousandth client

As Coop Pank entered the stock exchange in 2019, one of its goals was to increase its client base to 100,000. This goal was achieved a year and a half earlier than planned: the one hundred thousandth client, a company named Prelvex AS from Järva County, joined the bank’s clientele yesterday.

Making payments and office hours during the holidays

During the holidays, on June 23 and 24, intra-bank and interbank flash payments will move normally. Foreign payments cannot be made during the holidays.

The interest rate of the children's deposit will change

The interest rate of the children's deposit will be 1.5% per year as of 1 August. The change will also apply to existing contracts.

From 1 July 2021, the payment of interest in the price list of Coop Pank's corporate customer will change

From 1 July 2021, the price list of Coop Pank's corporate customer will change with regard to the payment of interest to current accounts.

Coop Pank and St John’s School sign an agreement to finance the construction of a new school building

Today, on May 21, at 12:00, Coop Pank and St John’s School will sign a loan agreement to finance the construction of a new school building on Kivimäe Street in Tallinn. Merko Ehitus Eesti is to build the new home for the school, which has been using rented premises so far.

Coop Pank planted 2,500 spruces on behalf of Estonian gazelles

Coop Pank, which supports the gazelle movement, planted trees on behalf of Estonian gazelles alongside the leader of the initiative Äripäev. Gazelles are rapidly growing companies that create new jobs.

Income tax returns can be submitted until end of May

The Tax and Customs Board (MTA) has extended the income tax return submission deadline. The initial income tax return submission deadline was Friday, 30 April, but due to the ongoing COVID-19 crisis the printed and electronic income tax return submission deadline has been extended until 31 May.

You can now see your bank card’s PIN in Coop Pank’s Internet bank

From now on, all Coop Pank clients can view PINs of their bank cards, both in the Internet bank and the Mobile bank. You can check your debit or credit card’s PIN as many times as you need.

Coop Pank supplements 55,000 bank cards with free purchase protection insurance

In cooperation with the insurance company If Kindlustus, Coop Pank has supplemented the bank cards of all its private clients with free purchase protection insurance, which automatically insures all durable goods that cost up to 2500 euros and are purchased with the card against accidents ant theft.

Coop Pank earned 2.8 million euros in net profit for the quarter

In the first quarter of this year, Coop Pank made almost twice as much profit as in the same period last year. In the first quarter of 2021, Coop Pank's net profit amounted to 2.8 million euros, which is 94% more than in the same period last year.

Coop Pank waives its monthly bank services fee for clients aged over 55

The Estonian domestic bank Coop Pank has waived the monthly fee for clients aged over 55 using its banking services package ‘Rahn’, which accounts for the largest number of the bank’s clients. From now on it will allow them to use all the major daily banking services free of charge.

Coop Pank stops charging for payments by introducing a new free banking plan

The local Coop Pank will redesign its offer to private clients as of 1 April. Several free services and a new free banking plan will be made available during the changes.

The Coop Pank price list for private clients will change as of 1 April 2021

The new Väikerahn banking plan, which is free of charge, will be made available in addition to the Rahn and Rändrahn plans.

Change in leasing price list for private and business client as of 1 May 2021

The price list of Coop Liising AS will change as of 1 May 2021.

Several important changes for the private and corporate clients of Coop Pank will take place on 1 June 2021

The private and corporate client price lists, the terms and conditions of private client banking plans, the Standard Terms & Conditions of Current Account Contract and the Standard Terms & Conditions of Internet Ba

Internet bank of Coop Pank is not accessible via Internet Explorer

As of 31 March, users of Internet Explorer will no longer be able to enter the Internet bank of Coop Pank.

Movement of payments and opening hours of branches during holidays

Payments between banks will not be transferred from 2nd till 5th of April due to the public holiday. Payments within Coop Bank and instant payments system will be transferred as normal.

Coop Pank donates fifty computers to schoolchildren of Narva

Coop Pank gave 52 used HP Prodesk desktop computers, which they no longer had use for, to schoolchildren of Narva with the assistance of the Estonian Union for Child Welfare. In the opinion of the Union for Child Welfare, the donation was made at the right time to the right people, as distance learning is now applicable to everyone.

Notice on Public Offering of Unsecured Subordinated Bonds of Coop Pank AS

Coop Pank AS (register code 10237832, address Narva mnt 4, Tallinn, 15014; hereinafter Coop Pank) hereby announces a public offering of Coop Pank´s unsecured subordinated bonds (hereinafter Offering). The Offering is conducted on the basis of the prospectus approved by the Estonian Financial Supervision Authority (FSA) on 15 March 2021 that has been published on the date of this announcement on the web pages of Coop Pank and the FSA (hereinafter Prospectus). The public offering of the unsecured subordinated bonds will be carried out only in Estonia and not in any other jurisdiction.

Opening hours of Coop Pank offices as of 11th of March 2021

Coop Pank's offices opening hours are as regular as usual. To stop the spread of the virus, please wear a mask and disinfect your hands.

Coop Pank becomes the key tenant in the Skyon office building

In August this year, the headquarters of Coop Pank will move to the new Skyon office building, which will be completed in the Maakri quarter. The move to larger premises is in line with the domestic bank’s aspirations for growth and allows to provide employees with a modern, inspiring, and energy-efficient work environment.

Movement of payments and opening hours of branches during holidays

The day preceding the anniversary of the Republic of Estonia, 23 February, is a shorter settlement day.

Coop Pank’s profit exceeded a million euros in January

The rapidly growing business volumes of Estonian Coop Bank have reached a level where revenue increases faster than expenses. As a result, the bank earned a record profit in January, as can be seen in the overview of the bank’s financial results in January 2021.

Coop Pank demonstrates fast growth for the fourth consecutive year

The summary of the past year’s economic results shows that in 2020, Coop Pank increased its business volumes by 40% for the fourth consecutive year.

Submission of tax returns starts again

Natural persons can start submitting their tax returns as of 15 February. Tax returns can be submitted to the Tax and Customs Board until 30 April 2021.

Now Coop Pank allows its customers to buy and sell cryptocurrency

Coop Pank has relaxed its rules on cryptocurrencies and starting Monday, January 18, 2021, allows customers to buy and sell cryptocurrencies for their own use through Coop Pank current accounts.

Changes in the Säästukaart Pluss price list and the general terms and conditions of the contract

Coop Finants AS announces that the Säästukaart Pluss price list and the general terms and conditions of the contract will change as of 01.03.2021.