Stadtsparkasse Emmerich-Rees - Verbandssparkasse der Städte Emmerich und Rees

Registration Name:  Stadtsparkasse Emmerich-Rees - Verbandssparkasse der Städte Emmerich und Rees
Location:  Germany, Emmerich

Bank Identifiers
    BIC (SWIFT):  WELADED1EMR
    MFI ID:  DE00829
Credit Ratings
    Fitch:  A+ (high credit quality)
    Moody's:  - (not rated)
    S&P's:  - (not rated)

Stadtsparkasse Emmerich-Rees - Verbandssparkasse der Städte Emmerich und Rees is located at Germany, Emmerich. It is one of 1845 credit institutions operating in Germany.

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

BIC

BIC (Business Identifier Code) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

BIC:  WELADED1EMR
Bank BIC Code:  WELA
Country Code:  DE (Germany)
Location Code:  D1
Branch Code:  EMR

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

MFI ID:  DE00829

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

Credit Ratings

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government.
Of the 'Big Three' rating agencies, Stadtsparkasse Emmerich-Rees - Verbandssparkasse der Städte Emmerich und Rees is rated by Fitch.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution’s relative vulnerability to default on its financial obligations, for Stadtsparkasse Emmerich-Rees - Verbandssparkasse der Städte Emmerich und Rees it is set to A+ (high credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for Stadtsparkasse Emmerich-Rees - Verbandssparkasse der Städte Emmerich und Rees is set to F1+ (highest short-term credit quality).

Long-Term Issuer Default Rating:  A+
    Outlook:  stable
    On Watch:  No
Short-Term Issuer Default Rating:  F1+
Viability Rating:  -
Support Rating:  -
Support Rating Floor:  -

Viability rating for Stadtsparkasse Emmerich-Rees - Verbandssparkasse der Städte Emmerich und Rees is not set; support rating is not assigned; support rating floor is not set.

ECB Minimum Reserves Requirements (MRR)

Minimum reserves is the minimum amount of reserves a credit institution is required to hold with a central bank.

Subject to MRR by ECB:  Yes
Exempt from MRR by ECB:  No

Contact Information


P.O. Box:  100862
Primary Address:  46446, Emmerich, Agnetenstr. 3

Related Information on Germany

Economy and Banking Sector of Germany

List of Banks in Germany