Sparda-Bank West eG

 (2.2; 13 ratings)
2.2 13
Business Focus
cooperative retail banking

Sparda-Bank West eG is a cooperative bank owned by its members via shares. Sparda-Bank West 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

Clients

natural persons
small- and medium-sized enterprises
companies

Products

current accounts
debit cards
credit cards
savings accounts
time deposit accounts
consumer loans
mortgage loans

Ways to Bank

Sparda-Bank West eG delivers its products and services through both direct and indirect channels, namely:
branch
online banking
mobile app
phone

Financials

Total Assets of Sparda-Bank West eG
Market Share of Sparda-Bank West eG
Total Assets (2018)
12,283.35 mln EUR  (+31.51%)

Sparda-Bank West eG is the 64th largest bank in Germany in terms of total assets. In 2018 its total assets were 12 283,35 mln EUR, providing the bank with the market share of 0.17%. Sparda-Bank West eG is the 5th largest cooperative bank in Germany (out of 873 cooperative banks) having market share of 1.34% 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 West 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 West 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 West eG is a member of BVR Institutssicherung GmbH and makes its contributions into it.

Contacts

Ludwig-Erhard-Allee 15, 40227, Düsseldorf, Germany
10 10 55

Sparda-Bank West eG is located in Düsseldorf.

Bank Identifiers

BIC (SWIFT)
SPBKDEDDXXX
LEI
529900SFZPZTA1RCTT84
MFI ID
DE01772