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.
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.
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).
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.
Kreissparkasse Köln is located in Köln.