Core business of Sparkasse Heidelberg 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 Heidelberg 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 Heidelberg to avoid excessive risks which is reflected in high credit ratings of Sparkasse Heidelberg.
Becoming a client of Sparkasse Heidelberg can be done in a few steps:
Due to regulatory requirements Sparkasse Heidelberg performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Sparkasse Heidelberg will ask him/her to provide the following documents: passport or ID card; utility bill. For corporate clients Sparkasse Heidelberg will ask to provide corporate documentation as well as information about controlling persons. Sparkasse Heidelberg may request additional documentation or information depending on the case. Sparkasse Heidelberg performs client's identity verification via branch visit.
In 2019 total assets of Sparkasse Heidelberg were 7 954,19 mln EUR. Sparkasse Heidelberg is the 31st largest savings bank (sparkasse) in Germany (out of 379 savings banks (sparkassen)) having market share of 0.61% amongst the banks of this category. Sparkasse Heidelberg had 1 171 employees in 2019.
Sparkasse Heidelberg is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).
Sparkasse Heidelberg 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. Sparkasse Heidelberg is a member of Institutional Protection Scheme of the Savings Banks Finance Group and makes its contributions into it.
Sparkasse Heidelberg is located in Heidelberg.