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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.

Movement of payments and opening hours of branches during holidays

Due to holidays our offices and customer support will be opened till 2 p.m. on 23rd and 31st of December. On December 24th till 25th and January 1st, our offices and customer support will be closed.

Rasmus Heinla and Arko Kurtmann commenced work in the Management Board of Coop Pank

Starting today, 2 November, two new members commenced work in the Management Board of Coop Pank – the head of private banking Rasmus Heinla and the head of corporate banking Arko Kurtmann.

Coop Pank continued to grow its loan and deposit portfolio

Estonian domestic bank Coop Pank continued to grow its loan and deposit portfolio in the third quarter, according to the bank's third quarter interim report. Margus Rink, Chairman of the Management Board, said that this confirms that Coop Pank will fulfill the promises given to investors.

Two new members of the Management Board will join Coop Pank

The Supervisory Board of Coop Pank elected Rasmus Heinla and Arko Kurtmann as new members of the Management Board. Heinla will be responsible for private banking, and Kurtmann for corporate banking.

Coop Pank car dealership increases its selection of Škoda vehicles

This week Coop Pank car dealership which according to the new concept has offered cars in Estonia since the beginning of June has expanded its range of Škoda cars following the growing interests of clients.

Kia models are added to Coop Liising car dealership

The leasing subsidiary of Coop Pank, which according to the new concept has also independently offered cars in Estonia since the beginning of June, has now expanded its range of Škoda cars with the most popular Kia models.

Movement of payments and opening hours of branches during holidays

Payments between banks will not be transferred 20 August due to the public holiday. Payments within Coop Bank and instant payments system will be transferred as normal.

Customers of Coop Pank's Lasnamäe office are welcome to the office in the city center

Coop Pank's office in Lasnamäe's Vesse shopping center has been closed due to a fire in the center on Sunday. Customers of the Lasnamäe office can perform banking operations at Coop Pank's city center office from Monday to Friday from 10:00 to 18:00 at Narva mnt 4, Tallinn.

Coop Pank warns of scam calls made in the bank's name

Attention!

Coop Pank sustained growth despite the restrictions due to the coronavirus crisis

Estonian domestic bank Coop Pank sustained growth in the 2nd quarter of this year having increased its loan portfolio and the amount of deposits by 50% year-on-year, according to the bank’s interim report for the 2nd quarter.

Changes to private customer price list as of 1 July 2020

The credit card price list will now include a fee for making a payment from a card account to a current account. 

Coop Pank to raise instant payment limit to 100,000 euros from 1 July 2020

Coop Pank has enabled its clients to make euro payments moving in real time, otherwise known as instant payments, since April 2019.

Movement of payments and opening hours of branches during holidays

Payments between banks will not be transferred 23 and 24 of June due to the public holiday. Payments within Coop Bank and instant payments system will be transferred as normal.