Bank für Sozialwirtschaft AG

Business Focus
retail banking for social and health sectors

Founded in 1023, Bank für Sozialwirtschaft AG is a cooperative universal bank focused on providing retail banking products and services to focuses to companies, associations, foundations and other organizations active in the social (senior, disability, child and youth welfare), healthcare and education sectors.

Bank Category

Cooperative banks

Services

retail banking
insurance

Clients

natural persons
small- and medium-sized enterprises
companies

Products

current accounts
debit cards
credit cards
savings accounts
time deposit accounts
pension plans
consumer loans
car loans
mortgage loans
trading accounts

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

Ways to Bank

Bank für Sozialwirtschaft AG delivers its products and services through both direct and indirect channels, namely:
branch
online banking
mobile app
phone

Financials

Total Assets of Bank für Sozialwirtschaft AG
Market Share of Bank für Sozialwirtschaft AG
Total Assets (2019)
8,685.88 mln EUR  (-1.60%)

In 2019 total assets of Bank für Sozialwirtschaft AG were 8 685,88 mln EUR. Bank für Sozialwirtschaft AG is the 9th largest cooperative bank in Germany (out of 839 cooperative banks) having market share of 0.90% amongst the banks of this category.

Credit Ratings

Fitch: AA-
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: -
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

Bank für Sozialwirtschaft AG is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality).

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
BVR Institutssicherung GmbH
Covered Depositors
individuals
companies
Covered Accounts
all deposit accounts

Bank für Sozialwirtschaft AG participates in the deposit guarantee scheme of Germany. This deposit guarantee scheme applies to all deposit accounts made by individuals, companies and covers up to up to 100,000 EUR per bank per depositor. Bank für Sozialwirtschaft AG is a member of BVR Institutssicherung GmbH and makes its contributions into it.

Contacts

Konrad-Adenauer-Ufer 85, 50668, Köln, Germany
10 03 42

Bank für Sozialwirtschaft AG is located in Köln.

Social Networks

Bank für Sozialwirtschaft AG has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
BFSWDE33XXX
LEI
5299000R7WZOVIFHLN21
MFI ID
DE00022