Hamburger Sparkasse AG

Hamburger Sparkasse AG is a member of Sparkassen Finanzgruppe and is the 1st largest savings bank in Germany out of 390.

Core business of Hamburger Sparkasse AG is providing high-quality retail banking products and services to local residents: private customers, enterprises and the public-sector institutions.

Tradionally for savings banks Hamburger Sparkasse AG 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 Hamburger Sparkasse AG to avoid excessive risks which is reflected in high credit ratings of Hamburger Sparkasse AG.

Services

Retail Banking

Financials

Total Assets (2017)
44 118.48 mln EUR  (+0.48%)
Number of Employees (2017)
5 286  (-0.40%)

In 2017 total assets of Hamburger Sparkasse AG were 44 118,48 mln EUR. Hamburger Sparkasse AG is the 1st largest savings bank (sparkasse) in Germany (out of 390 savings banks (sparkassen)) having market share of 3.68% amongst the banks of this category. Hamburger Sparkasse AG had 5 286 employees in 2017.

Hamburger Sparkasse AG participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

Ecke Adolphsplatz / Gr. Burstah, 20457, Hamburg, Germany
40 3579 0
40 3579 3418

Hamburger Sparkasse AG is located in Hamburg.

Bank Identifiers

BIC (SWIFT)
HASPDEHHXXX
MFI ID
DE01109

Business Summary

Services
retail banking
Products
current accounts
debit cards
credit cards
savings accounts
time deposit accounts
pension plans
consumer loans
car loans
mortgage loans
Area Served
local community
Eligible Clients
natural persons, enterprises and public-sector organizations

Hamburger Sparkasse AG provides services in the area of retail banking. The range of products offered by Hamburger Sparkasse AG includes current accounts, debit cards, credit cards, savings accounts, time deposit accounts, pension plans, consumer loans, car loans, mortgage loans. Hamburger Sparkasse AG makes its solutions available to natural persons, enterprises and public-sector organizations.

Financial Positions

Total Assets (2017)
44 118.48 mln EUR  (+0.48%)

In 2017 total assets of Hamburger Sparkasse AG were 44 118.48 mln EUR. Growth compared to the previous period (2016) was 0.48%. The evolution of the total assets of Hamburger Sparkasse AG is shown at Chart 1 below.

Total Assets of Hamburger Sparkasse AG.

Chart 1. Total Assets of Hamburger Sparkasse AG.

Recent changes in total assets of Hamburger Sparkasse AG and its main components are shown in Table 1.

2016 2017 % change
Loans to customers 31 099.0 31 296.0 +0.63%
Total Assets 43 909.9 44 118.5 +0.48%
Table 1. Recent changes in total assets of Hamburger Sparkasse AG (mln EUR).

Recent changes in total liabilities of Hamburger Sparkasse AG and its main components are shown in Table 2.

2016 2017 % change
Customer deposits 34 265.3 33 707.5 -1.63%
Total Liabilities 43 909.9 44 118.5 +0.48%
Table 2. Recent changes in total liabilities of Hamburger Sparkasse AG (mln EUR).

Number of Employees

Number of Employees (2017)
5 286  (-0.40%)

In 2017 there were 5 286 employees of Hamburger Sparkasse AG. Decline compared to the previous period (2016) was -0.40%. The evolution of the number of employees of Hamburger Sparkasse AG is shown at Chart 2 below.

Number of Employees of Hamburger Sparkasse AG.

Chart 2. Number of Employees of Hamburger Sparkasse AG.

Market Share and Rank (among Savings banks (Sparkassen) in Germany)

Total Assets (2017)
1st (market share 3.68%)

In 2017 Hamburger Sparkasse AG was ranked the 1st largest savings bank (sparkasse) in Germany in terms of total assets, having 3.68% of the category's market share.

Market share of Hamburger Sparkasse AG (among Savings banks (Sparkassen) in Germany)

Chart 3. Market share of Hamburger Sparkasse AG (among Savings banks (Sparkassen) in Germany)

Several savings banks (sparkassen) having the market shares and ranks closest to Hamburger Sparkasse AG are shown below.

RankNameTotal AssetsMarket Share
1Hamburger Sparkasse AG44118.48 mln EUR3.68%
2Sparkasse KölnBonn26233.41 mln EUR2.19%
3Kreissparkasse Köln25898.66 mln EUR2.16%
 

Market Share and Rank (among banks in Germany)

Total Assets (2016)
23rd (market share 0.62%)

In 2016 Hamburger Sparkasse AG was ranked the 23rd largest bank in Germany in terms of total assets, having 0.62% of the domestic market share.

Market share of Hamburger Sparkasse AG (among banks in Germany)

Chart 4. Market share of Hamburger Sparkasse AG (among banks in Germany)

Several banks having the market shares and ranks closest to Hamburger Sparkasse AG are shown below.

RankNameTotal AssetsMarket Share
22Landesbank Berlin AG45873.72 mln EUR0.65%
23Hamburger Sparkasse AG43909.89 mln EUR0.62%
24Santander Consumer Bank AG43453.62 mln EUR0.61%
 

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Germany are obliged to participate in German deposit guarantee scheme.

In the case of Hamburger Sparkasse AG failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Covered Accounts  all deposit accounts (deposits on current accounts and savings accounts, overnight money or time deposits, registered savings bonds, and similar)
Covered Currencies  EU currencies
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) 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.

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).

BIC of Hamburger Sparkasse AG and its components are shown in the table below.

BIC  HASPDEHHXXX
Bank BIC Code  HASP
Country Code  DE (Germany)
Location Code  HH
Branch Code  XXX

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.

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.

MFI ID of Hamburger Sparkasse AG is shown in the table below.

MFI ID  DE01109

Domestic Presence

Branches (2017)
194  (-1.52%)

In 2017 Hamburger Sparkasse AG had 194 branches in Germany. Decline compared to the previous period (2016) was -1.52%. The evolution of the number of branches of Hamburger Sparkasse AG is shown at Chart 5 below.

Branches of Hamburger Sparkasse AG.

Chart 5. Branches of Hamburger Sparkasse AG.