Core business of Sparkasse Hannover is providing high-quality retail banking products and services to local residents: private customers, enterprises and the public-sector institutions.
Tradionally for savings banks Sparkasse Hannover is essentially focused on broad participation in developing citizens' prosperity and on increasing local economic strength rather than on maximising profits. This business focus help Sparkasse Hannover to avoid excessive risks which is reflected in high credit ratings of Sparkasse Hannover.
In 2018 total assets of Sparkasse Hannover were 15 402,15 mln EUR. Sparkasse Hannover is the 6th largest savings bank (sparkasse) in Germany (out of 385 savings banks (sparkassen)) having market share of 1.26% amongst the banks of this category. Sparkasse Hannover had 1 800 employees in 2018.
Sparkasse Hannover is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).
Sparkasse Hannover participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100,000 EUR per bank per depositor.
Sparkasse Hannover is located in Hannover.