Coop Pank AS

https://www.cooppank.ee

Coop Pank AS is an Estonian universal bank headquartered in Tallinn, focusing on retail and corporate banking services. Established in 1992 as Eesti Krediidipank, it was acquired by the domestic retail chain Coop Eesti in 2017 and rebranded to integrate banking with its extensive retail network. The bank's mission is to foster Estonian businesses and empower individuals across the country by providing accessible and innovative financial solutions.

The bank offers a comprehensive suite of products and services, including current accounts, various types of deposits, payment cards, and a range of loans such as car loans, consumer loans, business loans, and home loans. Additionally, Coop Pank provides leasing, trade finance, overdraft facilities, guarantees, and factoring. Its service offerings extend to internet and mobile banking, payment collection solutions for businesses, insurance brokerage, and real estate management, catering to natural persons, small and medium-sized enterprises (SMEs), and larger companies exclusively within Estonia.

Coop Pank is publicly traded on Nasdaq Tallinn and is recognized as one of Estonia's five universal banks. In 2025, it was the 6th largest bank in Estonia by total assets, holding a 4.56% market share. Recent developments include Moody's upgrading Coop Pank's covered bonds rating to Aaa and its long-term deposit rating to Baa1 in June 2026, signaling robust financial health. The bank reported a 14% increase in net profit for the first five months of 2026 and is pursuing an aggressive growth strategy to double its net profit to at least €60 million by 2030, including an expansion into wealth management. Key leadership includes Arko Kurtmann as Chairman of the Management Board and Margus Rink as CEO.

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