Frankfurter Sparkasse is a member of Sparkassen Finanzgruppe and is the 5th largest savings bank in Germany out of 353.
Core business of Frankfurter Sparkasse is providing high-quality retail banking products and services to local residents: private customers, small- and medium-sized enterprises and public-sector institutions.
Traditionally for savings banks Frankfurter Sparkasse is essentially focusedon 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 2023, Frankfurter Sparkasse achieved the position of 37th largest bank in Germany with a market share of 0.25%; its total assets grew by 0.76%.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Frankfurter Sparkasse.
Becoming a client of Frankfurter Sparkasse can be done in a few steps:
Frankfurter Sparkasse performs client's identity verification via branch visit.
Frankfurter Sparkasse is the 37th largest bank in Germany in terms of total assets. In 2023 its total assets were 22 624,21 mln EUR, providing the bank with the market share of 0.25%. Frankfurter Sparkasse is the 5th largest savings bank (sparkasse) in Germany (out of 353 savings banks (sparkassen)) having market share of 1.50% amongst the banks of this category. Frankfurter Sparkasse had 1 534 employees in 2023.
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 the deposit guarantee scheme of Germany which applies to all deposit accounts made by individuals, companies and covers up to up to 100,000 EUR per bank per depositor. Frankfurter Sparkasse is a member of Institutional Protection Scheme of the Savings Banks Finance Group and makes its contributions into it.
Frankfurter Sparkasse is located in Frankfurt Am Main.