Mittelbrandenburgische Sparkasse in Potsdam

Mittelbrandenburgische Sparkasse in Potsdam is a member of Sparkassen Finanzgruppe and is the 7th largest savings bank in Germany out of 390.

Core business of Mittelbrandenburgische Sparkasse in Potsdam is providing high-quality retail banking products and services to local residents: private customers, enterprises and the public-sector institutions.

Tradionally for savings banks Mittelbrandenburgische Sparkasse in Potsdam 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 Mittelbrandenburgische Sparkasse in Potsdam to avoid excessive risks which is reflected in high credit ratings of Mittelbrandenburgische Sparkasse in Potsdam.

Services

Retail Banking

Financials

Total Assets (2017)
12 818.98 mln EUR  (+3.81%)
Number of Employees (2017)
1 570  (-1.75%)

In 2017 total assets of Mittelbrandenburgische Sparkasse in Potsdam were 12 818,98 mln EUR. Mittelbrandenburgische Sparkasse in Potsdam is the 7th largest savings bank (sparkasse) in Germany (out of 390 savings banks (sparkassen)) having market share of 1.07% amongst the banks of this category. Mittelbrandenburgische Sparkasse in Potsdam had 1 570 employees in 2017.

Mittelbrandenburgische Sparkasse in Potsdam is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).

Mittelbrandenburgische Sparkasse in Potsdam participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

Saarmunder Straße 61, 14478, Potsdam, Germany

Mittelbrandenburgische Sparkasse in Potsdam is located in Potsdam.

Bank Identifiers

BIC (SWIFT)
WELADED1PMB
MFI ID
DE06149

Business Summary

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

Mittelbrandenburgische Sparkasse in Potsdam provides services in the area of retail banking. The range of products offered by Mittelbrandenburgische Sparkasse in Potsdam includes current accounts, debit cards, credit cards, savings accounts, time deposit accounts, pension plans, consumer loans, car loans, mortgage loans. Mittelbrandenburgische Sparkasse in Potsdam makes its solutions available to natural persons, enterprises and public-sector organizations.

Financial Positions

Total Assets (2017)
12 818.98 mln EUR  (+3.81%)

In 2017 total assets of Mittelbrandenburgische Sparkasse in Potsdam were 12 818.98 mln EUR. Growth compared to the previous period (2016) was 3.81%. The evolution of the total assets of Mittelbrandenburgische Sparkasse in Potsdam is shown at Chart 1 below.

Total Assets of Mittelbrandenburgische Sparkasse in Potsdam.

Chart 1. Total Assets of Mittelbrandenburgische Sparkasse in Potsdam.

Recent changes in total assets of Mittelbrandenburgische Sparkasse in Potsdam and its main components are shown in Table 1.

2016 2017 % change
Loans to customers 5 837.9 6 251.3 +7.08%
Total Assets 12 348.1 12 819.0 +3.81%
Table 1. Recent changes in total assets of Mittelbrandenburgische Sparkasse in Potsdam (mln EUR).

Recent changes in total liabilities of Mittelbrandenburgische Sparkasse in Potsdam and its main components are shown in Table 2.

2016 2017 % change
Customer deposits 10 031.8 10 539.8 +5.06%
Total Liabilities 12 348.1 12 819.0 +3.81%
Table 2. Recent changes in total liabilities of Mittelbrandenburgische Sparkasse in Potsdam (mln EUR).

Number of Employees

Number of Employees (2017)
1 570  (-1.75%)

In 2017 there were 1 570 employees of Mittelbrandenburgische Sparkasse in Potsdam. Decline compared to the previous period (2016) was -1.75%. The evolution of the number of employees of Mittelbrandenburgische Sparkasse in Potsdam is shown at Chart 2 below.

Number of Employees of Mittelbrandenburgische Sparkasse in Potsdam.

Chart 2. Number of Employees of Mittelbrandenburgische Sparkasse in Potsdam.

Market Share and Rank (among Savings banks (Sparkassen) in Germany)

Total Assets (2017)
7th (market share 1.07%)

In 2017 Mittelbrandenburgische Sparkasse in Potsdam was ranked the 7th largest savings bank (sparkasse) in Germany in terms of total assets, having 1.07% of the category's market share.

Market share of Mittelbrandenburgische Sparkasse in Potsdam (among Savings banks (Sparkassen) in Germany)

Chart 3. Market share of Mittelbrandenburgische Sparkasse in Potsdam (among Savings banks (Sparkassen) in Germany)

Several savings banks (sparkassen) having the market shares and ranks closest to Mittelbrandenburgische Sparkasse in Potsdam are shown below.

RankNameTotal AssetsMarket Share
6Sparkasse Hannover15043.86 mln EUR1.25%
7Mittelbrandenburgische Sparkasse in Potsdam12818.98 mln EUR1.07%
8Sparkasse Pforzheim Calw11675.67 mln EUR0.97%
 

Market Share and Rank (among banks in Germany)

Total Assets (2016)
66th (market share 0.17%)

In 2016 Mittelbrandenburgische Sparkasse in Potsdam was ranked the 66th largest bank in Germany in terms of total assets, having 0.17% of the domestic market share.

Market share of Mittelbrandenburgische Sparkasse in Potsdam (among banks in Germany)

Chart 4. Market share of Mittelbrandenburgische Sparkasse in Potsdam (among banks in Germany)

Several banks having the market shares and ranks closest to Mittelbrandenburgische Sparkasse in Potsdam are shown below.

RankNameTotal AssetsMarket Share
65Berliner Volksbank eG12505.44 mln EUR0.18%
66Mittelbrandenburgische Sparkasse in Potsdam12348.06 mln EUR0.17%
67Ostsächsische Sparkasse Dresden12346.94 mln EUR0.17%
 

Credit Ratings (as of May 2018)

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. Mittelbrandenburgische Sparkasse in Potsdam is rated by Fitch.

Credit ratings assigned to Mittelbrandenburgische Sparkasse in Potsdam as of May 2018 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for Mittelbrandenburgische Sparkasse in Potsdam 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 Mittelbrandenburgische Sparkasse in Potsdam 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 Mittelbrandenburgische Sparkasse in Potsdam is not set support rating is not assigned; support rating floor is not set.

Deposit Guarantee

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 Mittelbrandenburgische Sparkasse in Potsdam 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

Further Information

BIC

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 Mittelbrandenburgische Sparkasse in Potsdam and its components are shown in the table below.

BIC  WELADED1PMB
Bank BIC Code  WELA
Country Code  DE (Germany)
Location Code  D1
Branch Code  PMB

MFI ID

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 Mittelbrandenburgische Sparkasse in Potsdam is shown in the table below.

MFI ID  DE06149

Domestic Presence

Branches (2017)
135  (-2.17%)

In 2017 Mittelbrandenburgische Sparkasse in Potsdam had 135 branches in Germany. Decline compared to the previous period (2016) was -2.17%. The evolution of the number of branches of Mittelbrandenburgische Sparkasse in Potsdam is shown at Chart 5 below.

Branches of Mittelbrandenburgische Sparkasse in Potsdam.

Chart 5. Branches of Mittelbrandenburgische Sparkasse in Potsdam.