SPARDA-BANK NÜRNBERG eG (Germany)

SPARDA-BANK NÜRNBERG eG

(2.4; 9 ratings)

Business Focus

cooperative retail banking

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

Products and Services

Services

•retail banking

Clients

•natural persons

•small- and medium-sized enterprises

•companies

Area Served

Germany

Products

•current accounts

•debit cards

•credit cards

•savings accounts (0.00 - 0.00 %)

•time deposit accounts

•consumer loans

•mortgage loans (0.85 - 1.20 %)

Ways to Bank

branch

online banking

mobile app

phone

Financials

Total Assets (2018)

4,214.99 mln EUR (+8.10%)

In 2018 total assets of SPARDA-BANK NÜRNBERG eG were 4 214,99 mln EUR. SPARDA-BANK NÜRNBERG eG is the 34th largest cooperative bank in Germany (out of 873 cooperative banks) having market share of 0.46% amongst the banks of this category.

Credit Ratings

Fitch: AA-

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

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

Deposit Guarantee

Protected Amount

up to 100,000 EUR

Guarantee Fund

BVR Institutssicherung GmbH

Covered Depositors

•individuals
•companies

Covered Accounts

•all deposit accounts

SPARDA-BANK NÜRNBERG eG 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. SPARDA-BANK NÜRNBERG eG is a member of BVR Institutssicherung GmbH and makes its contributions into it.