Kreissparkasse München Starnberg Ebersberg is a member of Sparkassen Finanzgruppe and is the 14th largest savings bank in Germany out of 390.
Core business of Kreissparkasse München Starnberg Ebersberg is providing high-quality retail banking products and services to local residents: private customers, enterprises and the public-sector institutions.
Tradionally for savings banks Kreissparkasse München Starnberg Ebersberg 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 München Starnberg Ebersberg to avoid excessive risks which is reflected in high credit ratings of Kreissparkasse München Starnberg Ebersberg.
In 2017 total assets of Kreissparkasse München Starnberg Ebersberg were 11 154,20 mln EUR. Kreissparkasse München Starnberg Ebersberg is the 14th largest savings bank (sparkasse) in Germany (out of 390 savings banks (sparkassen)) having market share of 0.93% amongst the banks of this category. Kreissparkasse München Starnberg Ebersberg had 1 477 employees in 2017.
Kreissparkasse München Starnberg Ebersberg is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).
Kreissparkasse München Starnberg Ebersberg participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100 000 EUR per bank per depositor.
Kreissparkasse München Starnberg Ebersberg is located in München.
| Services |
|---|
| retail banking |
| Products |
| current accounts debit cards credit cards savings accounts time deposit accounts pension plans consumer loans car loans mortgage loans |
| Area Served |
| local community |
| Eligible Clients |
| natural persons, enterprises and public-sector organizations |
Kreissparkasse München Starnberg Ebersberg provides services in the area of retail banking. The range of products offered by Kreissparkasse München Starnberg Ebersberg includes current accounts, debit cards, credit cards, savings accounts, time deposit accounts, pension plans, consumer loans, car loans, mortgage loans. Kreissparkasse München Starnberg Ebersberg makes its solutions available to natural persons, enterprises and public-sector organizations.
| Total Assets (2017) |
|---|
| 11 154.20 mln EUR (-0.22%) |
In 2017 total assets of Kreissparkasse München Starnberg Ebersberg were 11 154.20 mln EUR. Decline compared to the previous period (2016) was -0.22%. The evolution of the total assets of Kreissparkasse München Starnberg Ebersberg is shown at Chart 1 below.
Chart 1. Total Assets of Kreissparkasse München Starnberg Ebersberg.
Recent changes in total assets of Kreissparkasse München Starnberg Ebersberg and its main components are shown in Table 1.
| 2016 | 2017 | % change | |
|---|---|---|---|
| Loans to customers | 8 035.8 | 8 108.5 | +0.90% |
| Total Assets | 11 178.5 | 11 154.2 | -0.22% |
| Table 1. Recent changes in total assets of Kreissparkasse München Starnberg Ebersberg (mln EUR). | |||
Recent changes in total liabilities of Kreissparkasse München Starnberg Ebersberg and its main components are shown in Table 2.
| 2016 | 2017 | % change | |
|---|---|---|---|
| Customer deposits | 9 355.4 | 9 336.8 | -0.20% |
| Total Liabilities | 11 178.5 | 11 154.2 | -0.22% |
| Table 2. Recent changes in total liabilities of Kreissparkasse München Starnberg Ebersberg (mln EUR). | |||
| Number of Employees (2017) |
|---|
| 1 477 (-6.81%) |
In 2017 there were 1 477 employees of Kreissparkasse München Starnberg Ebersberg. Decline compared to the previous period (2016) was -6.81%. The evolution of the number of employees of Kreissparkasse München Starnberg Ebersberg is shown at Chart 2 below.
Chart 2. Number of Employees of Kreissparkasse München Starnberg Ebersberg.
| Total Assets (2017) |
|---|
| 14th (market share 0.93%) |
In 2017 Kreissparkasse München Starnberg Ebersberg was ranked the 14th largest savings bank (sparkasse) in Germany in terms of total assets, having 0.93% of the category's market share.
-11428.png "Market share of Kreissparkasse München Starnberg Ebersberg (among Savings banks (Sparkassen) in Germany)")
Chart 3. Market share of Kreissparkasse München Starnberg Ebersberg (among Savings banks (Sparkassen) in Germany)
Several savings banks (sparkassen) having the market shares and ranks closest to Kreissparkasse München Starnberg Ebersberg are shown below.
| Rank | Name | Total Assets | Market Share |
|---|---|---|---|
| 13 |  Sparkasse Aachen | 11229.54 mln EUR | 0.94% |
| 14 | Kreissparkasse München Starnberg Ebersberg | 11154.20 mln EUR | 0.93% |
| 15 | Sparkasse Nürnberg | 11081.62 mln EUR | 0.92% |
| Total Assets (2016) |
|---|
| 72nd (market share 0.16%) |
In 2016 Kreissparkasse München Starnberg Ebersberg was ranked the 72nd largest bank in Germany in terms of total assets, having 0.16% of the domestic market share.
Chart 4. Market share of Kreissparkasse München Starnberg Ebersberg (among banks in Germany)
Several banks having the market shares and ranks closest to Kreissparkasse München Starnberg Ebersberg are shown below.
| Rank | Name | Total Assets | Market Share |
|---|---|---|---|
| 71 |  Nassauische Sparkasse | 11282.39 mln EUR | 0.16% |
| 72 | Kreissparkasse München Starnberg Ebersberg | 11178.47 mln EUR | 0.16% |
| 73 | Stadtsparkasse Düsseldorf | 11068.35 mln EUR | 0.16% |
| Fitch | Moody's |
|---|---|
| A+ (high credit quality) | - (not rated) |
Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Kreissparkasse München Starnberg Ebersberg is rated by Fitch.
Credit ratings assigned to Kreissparkasse München Starnberg Ebersberg as of May 2018 are shown in details in the following sections.
Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for Kreissparkasse München Starnberg Ebersberg it is set to A+ (high credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for Kreissparkasse München Starnberg Ebersberg is set to F1+ (highest short-term credit quality).
| Long-Term Issuer Default Rating | A+ |
| Outlook | stable |
| On Watch | No |
| Short-Term Issuer Default Rating | F1+ |
| Viability Rating | - |
| Support Rating | - |
| Support Rating Floor | - |
Viability rating for Kreissparkasse München Starnberg Ebersberg is not set support rating is not assigned; support rating floor is not set.
| Deposit Guarantee |
|---|
| Yes (up to 100 000 EUR per depositor) |
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
All credit institutions operating in Germany are obliged to participate in German deposit guarantee scheme.
In the case of Kreissparkasse München Starnberg Ebersberg failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
| Covered Accounts | all deposit accounts (deposits on current accounts and savings accounts, overnight money or time deposits, registered savings bonds, and similar) |
| Covered Currencies | EU currencies |
| Maximum Protected Amount | 100 000 EUR |
| Paid In Currency | EUR |
BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.
A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).
BIC of Kreissparkasse München Starnberg Ebersberg and its components are shown in the table below.
| BIC | BYLADEM1KMS |
| Bank BIC Code | BYLA |
| Country Code | DE (Germany) |
| Location Code | M1 |
| Branch Code | KMS |
MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.
The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.
MFI ID of Kreissparkasse München Starnberg Ebersberg is shown in the table below.
| MFI ID | DE00560 |
| Branches (2017) |
|---|
| 99 (+1.02%) |
In 2017 Kreissparkasse München Starnberg Ebersberg had 99 branches in Germany. Growth compared to the previous period (2016) was 1.02%. The evolution of the number of branches of Kreissparkasse München Starnberg Ebersberg is shown at Chart 5 below.
Chart 5. Branches of Kreissparkasse München Starnberg Ebersberg.
