Sparkasse Germersheim-Kandel is a member of Sparkassen Finanzgruppe and is the 219th largest savings bank in Germany out of 376.
Core business of Sparkasse Germersheim-Kandel 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 Sparkasse Germersheim-Kandel is essentially focusedon broad participation in developing citizens' prosperity and on increasing local economic strength rather than on maximising profits. This business focus help Sparkasse Germersheim-Kandel to avoid excessive risks which is reflected in high credit ratings of Sparkasse Germersheim-Kandel.
In 2020, Sparkasse Germersheim-Kandel achieved the position of 449th largest bank in Germany with a market share of 0.03%; its total assets grew by 6.14%.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Sparkasse Germersheim-Kandel.
Sparkasse Germersheim-Kandel was the 449th largest bank in Germany in terms of total assets. In 2020 its total assets were 2 121,55 mln EUR, providing the bank with the market share of 0.03%. Sparkasse Germersheim-Kandel was the 219th largest savings bank (sparkasse) in Germany (out of 376 savings banks (sparkassen)) having market share of 0.15% amongst the banks of this category. Sparkasse Germersheim-Kandel had 362 employees in 2020.
Sparkasse Germersheim-Kandel is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).
Sparkasse Germersheim-Kandel 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. Sparkasse Germersheim-Kandel is a member of Institutional Protection Scheme of the Savings Banks Finance Group and makes its contributions into it.
Sparkasse Germersheim-Kandel was located in Kandel, Pfalz.