Core business of Frankfurter Sparkasse is providing high-quality retail banking products and services to local residents: private customers, enterprises and the public-sector institutions.
Tradionally for savings banks Frankfurter Sparkasse is essentially focused on broad participation in developing citizens' prosperity and on increasing local economic strength rather than on maximising profits. This business focus help Frankfurter Sparkasse to avoid excessive risks which is reflected in high credit ratings of Frankfurter Sparkasse.
Frankfurter Sparkasse, one of the largest savings banks in Germany, is a modern, universal bank, providing all types of financial services for both private and corporate customers. Frankfurter Sparkasse offers direct banking via its subsidiary 1822direkt. Frankfurter Sparkasse belongs to Landesbank Hessen-Thüringen (Helaba).
In 2018 total assets of Frankfurter Sparkasse were 19 146,18 mln EUR. Frankfurter Sparkasse is the 4th largest savings bank (sparkasse) in Germany (out of 385 savings banks (sparkassen)) having market share of 1.56% amongst the banks of this category. Frankfurter Sparkasse had 1 709 employees in 2018.
Frankfurter Sparkasse is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).
Frankfurter Sparkasse participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100,000 EUR per bank per depositor.
Frankfurter Sparkasse is located in Frankfurt Am Main.