Core business of Kreissparkasse Saarlouis 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 Saarlouis 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 Saarlouis to avoid excessive risks which is reflected in high credit ratings of Kreissparkasse Saarlouis.
Becoming a client of Kreissparkasse Saarlouis can be done in a few steps:
Due to regulatory requirements Kreissparkasse Saarlouis performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Kreissparkasse Saarlouis will ask him/her to provide the following documents: passport or ID card; utility bill. For corporate clients Kreissparkasse Saarlouis will ask to provide corporate documentation as well as information about controlling persons. Kreissparkasse Saarlouis may request additional documentation or information depending on the case. Kreissparkasse Saarlouis performs client's identity verification via branch visit.
In 2019 total assets of Kreissparkasse Saarlouis were 4 024,98 mln EUR. Kreissparkasse Saarlouis is the 95th largest savings bank (sparkasse) in Germany (out of 379 savings banks (sparkassen)) having market share of 0.31% amongst the banks of this category. Kreissparkasse Saarlouis had 769 employees in 2019.
Kreissparkasse Saarlouis is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).
Kreissparkasse Saarlouis 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 Saarlouis is a member of Institutional Protection Scheme of the Savings Banks Finance Group and makes its contributions into it.
Kreissparkasse Saarlouis is located in Saarlouis.