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

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

See Also

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 (2019)
12,735.11 mln EUR  (+3.68%)

In 2019 total assets of Sparda-Bank West eG were 12 735,11 mln EUR. Sparda-Bank West eG is the 5th largest cooperative bank in Germany (out of 839 cooperative banks) having market share of 1.31% 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

Guarantee Fund
BVR Institutssicherung GmbH
Protected Amount
up to 100,000 EUR
Eligible 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.

Social Networks

Sparda-Bank West eG has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
SPBKDEDDXXX
LEI
529900SFZPZTA1RCTT84
MFI ID
DE01772

Similar Banks

Sparda-Bank Baden-Württemberg eG Logo Sparda-Bank Baden-Württemberg eG
cooperative retail banking
BBBank eG Logo BBBank eG
retail banking for public sector employees
FRANKFURTER VOLKSBANK EG Logo FRANKFURTER VOLKSBANK EG
cooperative retail banking
Sparda-Bank Südwest eG Logo Sparda-Bank Südwest eG
cooperative retail banking
Sparda-Bank München eG Logo Sparda-Bank München eG
cooperative retail banking

See Also

Related Articles