Harzsparkasse is a member of Sparkassen Finanzgruppe and is the 159th largest savings bank in Germany out of 353.
Core business of Harzsparkasse 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 Harzsparkasse is essentially focusedon broad participation in developing citizens' prosperity and on increasing local economic strength rather than on maximising profits. This business focus help Harzsparkasse to avoid excessive risks which is reflected in high credit ratings of Harzsparkasse.
In 2023, Harzsparkasse achieved the position of 298th largest bank in Germany with a market share of 0.03%; its total assets grew by 0.96%.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Harzsparkasse.
Becoming a client of Harzsparkasse can be done in a few steps:
Harzsparkasse performs client's identity verification via branch visit.
Harzsparkasse is the 298th largest bank in Germany in terms of total assets. In 2023 its total assets were 3 068,45 mln EUR, providing the bank with the market share of 0.03%. Harzsparkasse is the 159th largest savings bank (sparkasse) in Germany (out of 353 savings banks (sparkassen)) having market share of 0.20% amongst the banks of this category. Harzsparkasse had 401 employees in 2023.
Harzsparkasse is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).
Harzsparkasse 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. Harzsparkasse is a member of Institutional Protection Scheme of the Savings Banks Finance Group and makes its contributions into it.
Harzsparkasse is located in Wernigerode.