Müritz-Sparkasse

Anna MileikoCreated by Anna Mileiko

Müritz-Sparkasse Logo

Address

Friedensstraße 9-10, 17192, Waren, Germany

BIC

NOLADE21WRN

Overview

Business Focus

retail banking

Müritz-Sparkasse is a member of Sparkassen Finanzgruppe and is the 314th largest savings bank in Germany out of 353.

Core business of Müritz-Sparkasse 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 Müritz-Sparkasse is essentially focusedon broad participation in developing citizens' prosperity and on increasing local economic strength rather than on maximising profits. This business focus help Müritz-Sparkasse to avoid excessive risks which is reflected in high credit ratings of Müritz-Sparkasse.

Performance

In 2023, Müritz-Sparkasse achieved the position of 640th largest bank in Germany with a market share of 0.01%; its total assets dropped by 2.07%.

Deposit Protection

Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Müritz-Sparkasse.

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

Card Providers

VisaMasterCard

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
SEPA Direct Debits B2B

See Also

Account Opening

Becoming a client of Müritz-Sparkasse can be done in a few steps:

1.
Book an appointment
2.
Visit bank branch

Müritz-Sparkasse performs client's identity verification via branch visit.

See Also

Ways to Bank

Müritz-Sparkasse delivers its products and services through both direct and indirect channels, namely:
branch branch
online banking online banking

Financials

Total Assets of Müritz-Sparkasse
Market Share of Müritz-Sparkasse
Total Assets (2023)
1,053.92 mln EUR   (-2.07%)
Number of Employees (2023)
162   (+1.89%)

Müritz-Sparkasse is the 640th largest bank in Germany in terms of total assets. In 2023 its total assets were 1 053,92 mln EUR, providing the bank with the market share of 0.01%. Müritz-Sparkasse is the 314th largest savings bank (sparkasse) in Germany (out of 353 savings banks (sparkassen)) having market share of 0.07% amongst the banks of this category. Müritz-Sparkasse had 162 employees in 2023.

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

Müritz-Sparkasse 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

Müritz-Sparkasse participates in the deposit guarantee scheme of Germany which applies to all deposit accounts made by individuals, companies and covers up to up to 100,000 EUR per bank per depositor. Müritz-Sparkasse is a member of Institutional Protection Scheme of the Savings Banks Finance Group and makes its contributions into it.

See Also

Contacts

addressFriedensstraße 9-10, 17192, Waren, Germany
po box1045

Müritz-Sparkasse is located in Waren.

Bank Identifiers

BIC (SWIFT)
NOLADE21WRN
LEI
529900XJ050LKAPHXM52
MFI ID
DE06122
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