Harzsparkasse

Anna Mileiko Created by Anna Mileiko

Harzsparkasse Logo

Address

Gustav-Petri-Str. 8, 38855, Wernigerode, Germany

BIC

NOLADE21HRZ

Overview

Business Focus

retail banking

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.

Performance

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%.

Deposit Protection

Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Harzsparkasse.

Services

retail banking

Clients

natural persons
small- and medium-sized enterprises
public-sector organizations

Area Served

local community

Products

current accounts
debit cards
credit cards
savings accounts
time deposit accounts
pension plans
consumer loans
car loans
mortgage loans

Card Providers

VisaMasterCard

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
SEPA Direct Debits B2B

See Also

Account Opening

Becoming a client of Harzsparkasse can be done in a few steps:

1.
Book an appointment
2.
Visit bank branch

Harzsparkasse performs client's identity verification via branch visit.

See Also

Ways to Bank

Harzsparkasse delivers its products and services through both direct and indirect channels, namely:
branch branch
online banking online banking

Financials

Total Assets of Harzsparkasse
Market Share of Harzsparkasse
Total Assets (2023)
3,068.45 mln EUR   (+0.96%)
Number of Employees (2023)
401   (-1.72%)

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.

Credit Ratings

Fitch: A+
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: -
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

Harzsparkasse is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).

Deposit Guarantee

Guarantee Fund
Institutional Protection Scheme of the Savings Banks Finance Group
Protected Amount
up to 100,000 EUR
Eligible Depositors
individuals
companies
Covered Accounts
all deposit accounts

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.

See Also

Contacts

addressGustav-Petri-Str. 8, 38855, Wernigerode, Germany
po box101128

Harzsparkasse is located in Wernigerode.

Bank Identifiers

BIC (SWIFT)
NOLADE21HRZ
LEI
529900JHQ2OFFMM02038
MFI ID
DE06193
Flag of Germany

Germany Banking Insights and Helpful Posts

TheBanks.eu Values Your Privacy

We use cookies to provide you with an excellent user experience. By clicking “Accept All”, you consent to our use of cookies.

Customize Cookies

We use cookies to ensure an excellent user experience and provide personalized information. Below you will find a detailed description of all the types of cookies we use.

Necessary Cookies

Required for essential site functions, such as secure system log-in or setting your preference parameters. Necessary cookies do not store any personal data.

Analytical Cookies

Required for site usage statistics, allow the analysis of indicators such as the number of visits, traffic sources, etc.

Advertising Cookies

Required to provide personalized advertising based on visited pages and analyze ad campaign efficiency.