Coop Pank AS 2024 AR2
The report highlights Coop Pank's performance in 2024, during which the bank increased its customer base by 14% to 208,000 and grew its loan portfolio by 19% to 1.77 billion euros. Despite a challenging economic environment, the bank achieved a net profit of 32.2 million euros and was designated as a systemically important credit institution by Eesti Pank. In sustainability, the bank conducted a double materiality assessment, improved its PCAF data quality score to 3.1, and financed five energy efficiency and renewable energy projects using a loan from the European Energy Efficiency Fund.
Company: Coop Pank AS
Sector: Finance & insurance
Country: Estonia
Year: 2024
Type: AR2
Pages: 116
Coop Pank AS
The report highlights Coop Pank's performance in 2024, during which the bank increased its customer base by 14% to 208,000 and grew its loan portfolio by 19% to 1.77 billion euros. Despite a challenging economic environment, the bank achieved a net profit of 32.2 million euros and was designated as a systemically important credit institution by Eesti Pank. In sustainability, the bank conducted a double materiality assessment, improved its PCAF data quality score to 3.1, and financed five energy efficiency and renewable energy projects using a loan from the European Energy Efficiency Fund.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees