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.
Becoming a client of Kreissparkasse Heilbronn can be done in a few steps:
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; proof of address. 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 performs client's identity verification via branch visit.
In 2019 total assets of Kreissparkasse Heilbronn were 10 272,37 mln EUR. Kreissparkasse Heilbronn is the 18th largest savings bank (sparkasse) in Germany (out of 379 savings banks (sparkassen)) having market share of 0.79% amongst the banks of this category. Kreissparkasse Heilbronn had 1 525 employees in 2019.
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.