Sparkasse Hohenwestedt is a member of Sparkassen Finanzgruppe and is the 407th largest savings bank in Germany out of 413.
Core business of Sparkasse Hohenwestedt 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 Hohenwestedt 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 Hohenwestedt to avoid excessive risks which is reflected in high credit ratings of Sparkasse Hohenwestedt.
In 2015, Sparkasse Hohenwestedt achieved the position of 1235th largest bank in Germany with a market share of 0.00%; its total assets dropped by 1.29%.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Sparkasse Hohenwestedt.
Sparkasse Hohenwestedt was the 1235th largest bank in Germany in terms of total assets. In 2015 its total assets were 238,92 mln EUR, providing the bank with the market share of 0.00%. Sparkasse Hohenwestedt was the 407th largest savings bank (sparkasse) in Germany (out of 413 savings banks (sparkassen)) having market share of 0.02% amongst the banks of this category. Sparkasse Hohenwestedt had 45 employees in 2015.
Sparkasse Hohenwestedt is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).
Sparkasse Hohenwestedt 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 Hohenwestedt is a member of Institutional Protection Scheme of the Savings Banks Finance Group and makes its contributions into it.
Sparkasse Hohenwestedt was located in Hohenwestedt.