SPARDA-BANK NÜRNBERG eG

SPARDA-BANK NÜRNBERG eG is a cooperative bank owned by its members via shares. SPARDA-BANK NÜRNBERG eG provides retail banking products and services to its customers focusing on customer requirements and development of local economy, paying special attention to small and medium-sized enterprises (SMEs).

Bank Category

Cooperative banks

Services

Retail Banking

Products

Financials

Total Assets (2017)
3 899.21 mln EUR  (+7.66%)

In 2017 total assets of SPARDA-BANK NÜRNBERG eG were 3 899,21 mln EUR. SPARDA-BANK NÜRNBERG eG is the 34th largest cooperative bank in Germany (out of 913 cooperative banks) having market share of 0.44% amongst the banks of this category.

SPARDA-BANK NÜRNBERG eG is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality).

SPARDA-BANK NÜRNBERG eG participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

Eilgutstraße 9, 90443, Nürnberg, Germany
4855

SPARDA-BANK NÜRNBERG eG is located in Nürnberg.

Bank Identifiers

BIC (SWIFT)
SPNUDE7NXXX
MFI ID
DE01766

Business Summary

SPARDA-BANK NÜRNBERG eG provides services in the area of retail banking. The range of products offered by SPARDA-BANK NÜRNBERG eG includes current accounts, savings accounts (0.00 - 0.00 %), mortgage loans (1.24 - 1.60 %).

Products

Current Accounts

Current accounts are non-interest bearing deposit accounts that are used to perform day-to-day banking transactions. Current accounts are often offered with a payment card (a debit card and/or a credit card) and may also include overdraft possibility. Annual costs of having a current account (also known as account management fees) can depend on monthly income input to the account or amount of money deposited into the account.

Current accounts made with SPARDA-BANK NÜRNBERG eG are covered by deposit guarantee scheme of Germany up to 100 000 EUR per depositor. The following current accounts are offered by SPARDA-BANK NÜRNBERG eG.

Updated on 14 December 2018

SpardaGiro
Sales Region
Germany
Account Currency
EUR
Annual Costs (EUR)
0
Overdraft Rate (p.a.)
9.60 %
Current Account Details
Product Name
SpardaGiro
Account Currency
EUR
Overdraft Rate (p.a.)
9.60 %
Debit Card
Debit Card Costs (p.a.)
12 EUR
Visa Credit Card
MasterCard Credit Card
MasterCard Credit Card Costs (p.a.)
30 EUR
Telephone Banking
Branch Banking
Online Banking
SpardaYoung+
Sales Region
Germany
Account Currency
EUR
Annual Costs (EUR)
0
Overdraft Rate (p.a.)
9.60 %
Current Account Details
Product Name
SpardaYoung+
Account Currency
EUR
Overdraft Rate (p.a.)
9.60 %
Debit Card
Visa Credit Card
MasterCard Credit Card
MasterCard Credit Card Costs (p.a.)
20 EUR
Telephone Banking
Branch Banking
Online Banking
SpardaYoung+
Sales Region
Germany
Account Currency
EUR
Annual Costs (EUR)
0
Overdraft Rate (p.a.)
9.60 %
Current Account Details
Product Name
SpardaYoung+
Account Currency
EUR
Overdraft Rate (p.a.)
9.60 %
Debit Card
Visa Credit Card
MasterCard Credit Card
MasterCard Credit Card Costs (p.a.)
20 EUR
Telephone Banking
Branch Banking
Online Banking

Germany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.

See Also

Savings Accounts

Savings accounts are interest-bearing deposits accounts which allow to withdraw money at any time. While providing more flexibility, savings accounts usually offer lower interest rates and shorter deposit terms than time deposit accounts.

Savings accounts made with SPARDA-BANK NÜRNBERG eG are covered by deposit guarantee scheme of Germany up to 100 000 EUR per depositor. SPARDA-BANK NÜRNBERG eG offers the following savings accounts.

Updated on 14 December 2018

SpardaExtraZins
Sales Region
Germany
Account Currency
EUR
Interest Rate (p.a.)
0.00 %
Deposit Term (months)
1 - 99
Savings Account Details
Product Name
SpardaExtraZins
Account Currency
EUR
Interest Rate (p.a.)
0.00 %
Deposit Term (months)
1 - 99
Investment Amount
2500 - 999999 EUR
Interest Frequency
4 times a year

Germany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.

See Also

Mortgage Loans

Mortgage loans are secured loans used for real estate financing purposes (for example, purchase of a new or existing property, construction of an own property, property renovation) without paying the entire value up front. A mortgage loan is secured by the collateral of specified real estate property and is repaid in installments. Mortgage loans offered by SPARDA-BANK NÜRNBERG eG are shown in the table below.

Updated on 14 December 2018

SpardaBaufinanzierung
Sales Region
Germany
Loan Currency
EUR
Borrowing Rate (p.a.)
1.24 %
Borrowing Amount (EUR)
150000 - 150000
Lending Amount (%)
60.00 %
Loan Term (years)
10
SpardaBaufinanzierung
Sales Region
Germany
Loan Currency
EUR
Borrowing Rate (p.a.)
1.24 %
Borrowing Amount (EUR)
150000 - 150000
Lending Amount (%)
80.00 %
Loan Term (years)
10
SpardaBaufinanzierung
Sales Region
Germany
Loan Currency
EUR
Borrowing Rate (p.a.)
1.60 %
Borrowing Amount (EUR)
150000 - 150000
Lending Amount (%)
80.00 %
Loan Term (years)
15
SpardaBaufinanzierung
Sales Region
Germany
Loan Currency
EUR
Borrowing Rate (p.a.)
1.60 %
Borrowing Amount (EUR)
150000 - 150000
Lending Amount (%)
60.00 %
Loan Term (years)
15

Germany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.

See Also

Financial Positions

Total Assets (2017)
3 899.21 mln EUR  (+7.66%)

In 2017 total assets of SPARDA-BANK NÜRNBERG eG were 3 899.21 mln EUR. Growth compared to the previous period (2016) was 7.66%. The evolution of the total assets of SPARDA-BANK NÜRNBERG eG is shown at Chart 1 below.

Total Assets of SPARDA-BANK NÜRNBERG eG.

Chart 1. Total Assets of SPARDA-BANK NÜRNBERG eG.

Recent changes in total assets of SPARDA-BANK NÜRNBERG eG and its main components are shown in Table 1.

2016 2017 % change
Loans to customers 2 266.2 2 404.8 +6.11%
Total Assets 3 621.7 3 899.2 +7.66%
Table 1. Recent changes in total assets of SPARDA-BANK NÜRNBERG eG (mln EUR).

Recent changes in total liabilities of SPARDA-BANK NÜRNBERG eG and its main components are shown in Table 2.

2016 2017 % change
Deposits 3 232.2 3 490.8 +8.00%
Total Liabilities 3 621.7 3 899.2 +7.66%
Table 2. Recent changes in total liabilities of SPARDA-BANK NÜRNBERG eG (mln EUR).

Market Share and Rank (among Cooperative banks in Germany)

Total Assets (2017)
34th (market share 0.44%)

In 2017 SPARDA-BANK NÜRNBERG eG was ranked the 34th largest cooperative bank in Germany in terms of total assets, having 0.44% of the category's market share.

Market share of SPARDA-BANK NÜRNBERG eG (among Cooperative Banks in Germany)

Chart 2. Market share of SPARDA-BANK NÜRNBERG eG (among Cooperative Banks in Germany)

Several cooperative banks having the market shares and ranks closest to SPARDA-BANK NÜRNBERG eG are shown below.

RankNameTotal AssetsMarket Share
33 Volksbank Darmstadt-Südhessen eG4115.55 mln EUR0.47%
34 SPARDA-BANK NÜRNBERG eG3899.21 mln EUR0.44%
35 SPARDA-BANK HAMBURG eG3799.17 mln EUR0.43%
 

Market Share and Rank (among banks in Germany)

Total Assets (2016)
209th (market share 0.05%)

In 2016 SPARDA-BANK NÜRNBERG eG was ranked the 209th largest bank in Germany in terms of total assets, having 0.05% of the domestic market share.

Market share of SPARDA-BANK NÜRNBERG eG (among banks in Germany)

Chart 3. Market share of SPARDA-BANK NÜRNBERG eG (among banks in Germany)

Several banks having the market shares and ranks closest to SPARDA-BANK NÜRNBERG eG are shown below.

RankNameTotal AssetsMarket Share
208 norisbank GmbH3634.52 mln EUR0.05%
209 SPARDA-BANK NÜRNBERG eG3621.70 mln EUR0.05%
210 Sparkasse Marburg-Biedenkopf3617.32 mln EUR0.05%
 

Credit Ratings (as of May 2018)

Fitch Moody's
AA- (very high credit quality) - (not rated)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. SPARDA-BANK NÜRNBERG eG is rated by Fitch.

Credit ratings assigned to SPARDA-BANK NÜRNBERG eG 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 SPARDA-BANK NÜRNBERG eG it is set to AA- (very high credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for SPARDA-BANK NÜRNBERG eG is set to F1+ (highest short-term credit quality).

Long-Term Issuer Default Rating  AA-
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  F1+
Viability Rating  -
Support Rating  -
Support Rating Floor  -

Viability rating for SPARDA-BANK NÜRNBERG eG 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 SPARDA-BANK NÜRNBERG eG 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 SPARDA-BANK NÜRNBERG eG and its components are shown in the table below.

BIC  SPNUDE7NXXX
Bank BIC Code  SPNU
Country Code  DE (Germany)
Location Code  7N
Branch Code  XXX

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 SPARDA-BANK NÜRNBERG eG is shown in the table below.

MFI ID  DE01766