Kreissparkasse Köln

Business Focus
retail banking

Kreissparkasse Köln is a member of Sparkassen Finanzgruppe and is the 3rd largest savings bank in Germany out of 385.

Core business of Kreissparkasse Köln 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 Köln 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 Köln to avoid excessive risks which is reflected in high credit ratings of Kreissparkasse Köln.

Products and Services

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

Account Opening

book an appointment
branch visit
Required Documents
passport
ID card
utility bill

Ways to Bank

branch
online banking

Financials

Total Assets (2018)
26,163.55 mln EUR  (+1.02%)
Number of Employees (2018)
3,969  (-3.81%)

In 2018 total assets of Kreissparkasse Köln were 26 163,55 mln EUR. Kreissparkasse Köln is the 3rd largest savings bank (sparkasse) in Germany (out of 385 savings banks (sparkassen)) having market share of 2.14% amongst the banks of this category. Kreissparkasse Köln had 3 969 employees in 2018.

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: Aa3
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

Kreissparkasse Köln is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality). Long-term credit rating assigned to the bank by Moody's is Aa3 (high grade).

Deposit Guarantee

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

Kreissparkasse Köln 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 Köln is a member of Institutional Protection Scheme of the Savings Banks Finance Group and makes its contributions into it.

Contacts

Neumarkt 18/24, 50667, Köln, Germany
10 21 43

Kreissparkasse Köln is located in Köln.

Bank Identifiers

BIC (SWIFT)
COKSDE33XXX
LEI
529900RTSGHDD7OOSO86
MFI ID
DE00896