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Coop Pank adds COVID-19 coverage to its travel insurance

Coop Pank has added family coronavirus coverage to its travel insurance with a monthly payment, which covers travel cancellation costs, as well as medical expenses around the world caused by COVID-19.

Coop Pank updated the solution for consolidated payments for companies

On 28 September, Coop Pank updated the consolidated payment solution in its Internet bank, which creates additional options for making consolidated payments for entrepreneurs and makes confirmation of payments faster.

Temporary changes in the operation of Coop Pank's offices

On October 4th, Coop Pank's Tartu city center office at Ülikooli 4 will be temporarily closed. From 5th to 8th October Coop Pank's Tartu Lõunakeskus office will be temporarily closed.

Terms and conditions of travel insurance of Coop Pank banking plan change on 1 October 2021

The main changes are as follows:

The General Terms and Conditions of the bank will change as of 1 October 2021

The main amendments to the General Terms and Conditions are as follows:

New Coop Bank head office opens in Skyon office building

The head office and Tallinn City Centre branch of Coop Pank are new located in the brand new Skyon office building at Maakri 30, Tallinn.

Movement of payments and opening hours of branches on 20 August, Day of Restoration of Independence in Estonia

On 20 August intra-bank and interbank flash payments will move normally. Foreign payments cannot be made during the holidays.

Coop Pank’s legal address to change on 1 August

From 1 August 2021, the new legal address of Coop Pank AS and all of the legal entities belonging to the Coop Pank AS group will be Maakri 30, 15014 Tallinn.

Former head of KredEx Lehar Kütt joins Coop Pank

Starting today, the former chairman of the management board of KredEx Lehar Kütt works at Coop Pank, where he is responsible for managing the area of business financing.

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.