Landessparkasse zu Oldenburg

Business Focus

retail banking

Landessparkasse zu Oldenburg is a member of Sparkassen Finanzgruppe and is the 17th largest savings bank in Germany out of 379.

Core business of Landessparkasse zu Oldenburg 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 Landessparkasse zu Oldenburg 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 Landessparkasse zu Oldenburg to avoid excessive risks which is reflected in high credit ratings of Landessparkasse zu Oldenburg.

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

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

See Also

Account Opening

Becoming a client of Landessparkasse zu Oldenburg can be done in a few steps:

1.
Book an appointment
2.
Visit bank branch

Due to regulatory requirements Landessparkasse zu Oldenburg performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Landessparkasse zu Oldenburg will ask him/her to provide the following documents: passport; proof of address. For corporate clients Landessparkasse zu Oldenburg will ask to provide corporate documentation as well as information about controlling persons. Landessparkasse zu Oldenburg may request additional documentation or information depending on the case. Landessparkasse zu Oldenburg performs client's identity verification via branch visit.

Ways to Bank

Landessparkasse zu Oldenburg delivers its products and services through both direct and indirect channels, namely:
branch
online banking

Financials

Total Assets of Landessparkasse zu Oldenburg
Market Share of Landessparkasse zu Oldenburg
Total Assets (2019)
10,429.96 mln EUR  (+5.86%)
Number of Employees (2019)
1,661  (+3.10%)

In 2019 total assets of Landessparkasse zu Oldenburg were 10 429,96 mln EUR. Landessparkasse zu Oldenburg is the 17th largest savings bank (sparkasse) in Germany (out of 379 savings banks (sparkassen)) having market share of 0.80% amongst the banks of this category. Landessparkasse zu Oldenburg had 1 661 employees in 2019.

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

Landessparkasse zu Oldenburg is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).

Deposit Guarantee

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

Landessparkasse zu Oldenburg 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. Landessparkasse zu Oldenburg is a member of Institutional Protection Scheme of the Savings Banks Finance Group and makes its contributions into it.

Contacts

Berliner Platz 1, 26123, Oldenburg (Oldb), Germany
26 45

Landessparkasse zu Oldenburg is located in Oldenburg (Oldb).

Bank Identifiers

BIC (SWIFT)
SLZODE22XXX
LEI
529900PO4CDCHAP5UT66
MFI ID
DE00746