Core business of Kreissparkasse Böblingen 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 Kreissparkasse Böblingen 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 Kreissparkasse Böblingen to avoid excessive risks which is reflected in high credit ratings of Kreissparkasse Böblingen.
Due to regulatory requirements Kreissparkasse Böblingen performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Kreissparkasse Böblingen will ask him/her to provide the following documents: passport, ID card, utility bill. For corporate clients Kreissparkasse Böblingen will ask to provide corporate documentation as well as information about controlling persons. Kreissparkasse Böblingen may request additional documentation or information depending on the case.
Kreissparkasse Böblingen is the 88th largest bank in Germany in terms of total assets. In 2018 its total assets were 8 581,27 mln EUR, providing the bank with the market share of 0.12%. Kreissparkasse Böblingen is the 25th largest savings bank (sparkasse) in Germany (out of 385 savings banks (sparkassen)) having market share of 0.70% amongst the banks of this category. Kreissparkasse Böblingen had 1 118 employees in 2018.
Kreissparkasse Böblingen is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).
Kreissparkasse Böblingen participates in the deposit guarantee scheme of Germany. This deposit guarantee scheme applies to all deposit accounts made by individuals, companies and covers up to up to 100,000 EUR per bank per depositor. Kreissparkasse Böblingen is a member of Institutional Protection Scheme of the Savings Banks Finance Group and makes its contributions into it.
Kreissparkasse Böblingen is located in Böblingen.