Kreissparkasse Anhalt-Bitterfeld, part of the Sparkassen Finanzgruppe, is the 211th largest savings bank in Germany.
The bank specializes in retail banking services for individuals, small and medium-sized enterprises, and public institutions. By prioritizing local economic development and community prosperity over profit maximization, it maintains a conservative risk approach, reflected in its strong credit ratings.
In 2023, Kreissparkasse Anhalt-Bitterfeld achieved the position of 387th largest bank in Germany with a market share of 0.03%; its total assets grew by 1.03%.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Kreissparkasse Anhalt-Bitterfeld.
Becoming a client of Kreissparkasse Anhalt-Bitterfeld can be done in a few steps:
Kreissparkasse Anhalt-Bitterfeld performs client's identity verification via branch visit.
Kreissparkasse Anhalt-Bitterfeld ranks as the 387th largest bank in Germany by total assets. In 2023 its total assets were 2,317.94 mln EUR, representing a 0.03% market share. It is also the 211th largest savings bank in Germany, commanding a 0.15% share among savings banks. As of 2023, the bank employed 263 people.
Kreissparkasse Anhalt-Bitterfeld is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).
Kreissparkasse Anhalt-Bitterfeld protects deposits up to up to 100,000 EUR per depositor through Germany's deposit guarantee scheme. The scheme applies to all deposit accounts made by individuals, companies. The bank participates in the Institutional Protection Scheme of the Savings Banks Finance Group, making regular contributions into it.
Kreissparkasse Anhalt-Bitterfeld is located in Bitterfeld.