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.
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.
Hamburger Sparkasse AG is located in Hamburg.
time deposit accounts
|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.
|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.
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.
|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.
|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 (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.
Chart 2. Number of Employees of Hamburger Sparkasse AG.
|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|
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.
|Bank BIC Code||HASP|
|Country Code||DE (Germany)|
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.
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.
Chart 5. Branches of Hamburger Sparkasse AG.