Core business of Kreissparkasse Heilbronn 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 Heilbronn 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 Heilbronn to avoid excessive risks which is reflected in high credit ratings of Kreissparkasse Heilbronn.
Due to regulatory requirements Kreissparkasse Heilbronn performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Kreissparkasse Heilbronn will ask him/her to provide the following documents: passport, ID card, utility bill. For corporate clients Kreissparkasse Heilbronn will ask to provide corporate documentation as well as information about controlling persons. Kreissparkasse Heilbronn may request additional documentation or information depending on the case.
Kreissparkasse Heilbronn is the 79th largest bank in Germany in terms of total assets. In 2018 its total assets were 9 326,19 mln EUR, providing the bank with the market share of 0.13%. Kreissparkasse Heilbronn is the 20th largest savings bank (sparkasse) in Germany (out of 385 savings banks (sparkassen)) having market share of 0.76% amongst the banks of this category. Kreissparkasse Heilbronn had 1 541 employees in 2018.
Kreissparkasse Heilbronn is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).
Kreissparkasse Heilbronn 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 Heilbronn is a member of Institutional Protection Scheme of the Savings Banks Finance Group and makes its contributions into it.
Kreissparkasse Heilbronn is located in Heilbronn.