Sparkasse KölnBonn

Sparkasse KölnBonn is a member of Sparkassen Finanzgruppe and is the 2nd largest savings bank in Germany out of 390.

Core business of Sparkasse KölnBonn 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 KölnBonn 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 KölnBonn to avoid excessive risks which is reflected in high credit ratings of Sparkasse KölnBonn.

Services

Retail Banking

Financials

Total Assets (2017)
26 233.41 mln EUR  (-3.33%)
Number of Employees (2017)
4 083  (-2.51%)

In 2017 total assets of Sparkasse KölnBonn were 26 233,41 mln EUR. Sparkasse KölnBonn is the 2nd largest savings bank (sparkasse) in Germany (out of 390 savings banks (sparkassen)) having market share of 2.19% amongst the banks of this category. Sparkasse KölnBonn had 4 083 employees in 2017.

Sparkasse KölnBonn is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality). Long-term credit rating assigned to the bank by Moody's is Aa3 (high grade).

Sparkasse KölnBonn participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

Hahnenstraße 57, 50667, Köln, Germany
10 35 44

Sparkasse KölnBonn is located in Köln.

Bank Identifiers

BIC (SWIFT)
COLSDE33XXX
MFI ID
DE00897

Business Summary

Services
retail banking
Products
current accounts
debit cards
credit cards
savings accounts
time deposit accounts
pension plans
consumer loans
car loans
mortgage loans
Area Served
local community
Eligible Clients
natural persons, enterprises and public-sector organizations

Sparkasse KölnBonn provides services in the area of retail banking. The range of products offered by Sparkasse KölnBonn includes current accounts, debit cards, credit cards, savings accounts, time deposit accounts, pension plans, consumer loans, car loans, mortgage loans. Sparkasse KölnBonn makes its solutions available to natural persons, enterprises and public-sector organizations.

Financial Positions

Total Assets (2017)
26 233.41 mln EUR  (-3.33%)

In 2017 total assets of Sparkasse KölnBonn were 26 233.41 mln EUR. Decline compared to the previous period (2016) was -3.33%. The evolution of the total assets of Sparkasse KölnBonn is shown at Chart 1 below.

Total Assets of Sparkasse KölnBonn.

Chart 1. Total Assets of Sparkasse KölnBonn.

Recent changes in total assets of Sparkasse KölnBonn and its main components are shown in Table 1.

2016 2017 % change
Loans to customers 18 524.5 18 185.1 -1.83%
Total Assets 27 136.6 26 233.4 -3.33%
Table 1. Recent changes in total assets of Sparkasse KölnBonn (mln EUR).

Recent changes in total liabilities of Sparkasse KölnBonn and its main components are shown in Table 2.

2016 2017 % change
Customer deposits 20 073.9 19 563.1 -2.54%
Total Liabilities 27 136.6 26 233.4 -3.33%
Table 2. Recent changes in total liabilities of Sparkasse KölnBonn (mln EUR).

Number of Employees

Number of Employees (2017)
4 083  (-2.51%)

In 2017 there were 4 083 employees of Sparkasse KölnBonn. Decline compared to the previous period (2016) was -2.51%. The evolution of the number of employees of Sparkasse KölnBonn is shown at Chart 2 below.

Number of Employees of Sparkasse KölnBonn.

Chart 2. Number of Employees of Sparkasse KölnBonn.

Market Share and Rank (among Savings banks (Sparkassen) in Germany)

Total Assets (2017)
2nd (market share 2.19%)

In 2017 Sparkasse KölnBonn was ranked the 2nd largest savings bank (sparkasse) in Germany in terms of total assets, having 2.19% of the category's market share.

Market share of Sparkasse KölnBonn (among Savings banks (Sparkassen) in Germany)

Chart 3. Market share of Sparkasse KölnBonn (among Savings banks (Sparkassen) in Germany)

Several savings banks (sparkassen) having the market shares and ranks closest to Sparkasse KölnBonn are shown below.

RankNameTotal AssetsMarket Share
1Hamburger Sparkasse AG44118.48 mln EUR3.68%
2Sparkasse KölnBonn26233.41 mln EUR2.19%
3Kreissparkasse Köln25898.66 mln EUR2.16%
 

Market Share and Rank (among banks in Germany)

Total Assets (2016)
37th (market share 0.38%)

In 2016 Sparkasse KölnBonn was ranked the 37th largest bank in Germany in terms of total assets, having 0.38% of the domestic market share.

Market share of Sparkasse KölnBonn (among banks in Germany)

Chart 4. Market share of Sparkasse KölnBonn (among banks in Germany)

Several banks having the market shares and ranks closest to Sparkasse KölnBonn are shown below.

RankNameTotal AssetsMarket Share
36DVB Bank SE27389.13 mln EUR0.39%
37Sparkasse KölnBonn27136.58 mln EUR0.38%
38Berlin-Hannoversche Hypothekenbank AG26354.20 mln EUR0.37%
 

Credit Ratings (as of May 2018)

Fitch Moody's
A+ (high credit quality) Aa3 (high grade)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Sparkasse KölnBonn is rated by Fitch and Moody's.

Credit ratings assigned to Sparkasse KölnBonn as of May 2018 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for Sparkasse KölnBonn it is set to A+ (high credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for Sparkasse KölnBonn is set to F1+ (highest short-term credit quality).

Long-Term Issuer Default Rating  A+
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  F1+
Viability Rating  -
Support Rating  -
Support Rating Floor  -

Viability rating for Sparkasse KölnBonn is not set support rating is not assigned; support rating floor is not set.

Moody's

Long-term rating for Sparkasse KölnBonn it is set to Aa3 (high grade). Long-term bank deposit rating is Aa3 (high grade). Baseline credit assessment is ba1. Short-term rating is not assigned.

Long-Term Rating  Aa3
Long-Term Bank Deposit Rating  Aa3
Baseline Credit Assessment  ba1
Short-Term Rating  -
Outlook  stable

Outlook for the ratings of Sparkasse KölnBonn is set to stable (not likely to change).

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Germany are obliged to participate in German deposit guarantee scheme.

In the case of Sparkasse KölnBonn failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Covered Accounts  all deposit accounts (deposits on current accounts and savings accounts, overnight money or time deposits, registered savings bonds, and similar)
Covered Currencies  EU currencies
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of Sparkasse KölnBonn and its components are shown in the table below.

BIC  COLSDE33XXX
Bank BIC Code  COLS
Country Code  DE (Germany)
Location Code  33
Branch Code  XXX

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of Sparkasse KölnBonn is shown in the table below.

MFI ID  DE00897

Domestic Presence

Branches (2017)
137  (-6.16%)

In 2017 Sparkasse KölnBonn had 137 branches in Germany. Decline compared to the previous period (2016) was -6.16%. The evolution of the number of branches of Sparkasse KölnBonn is shown at Chart 5 below.

Branches of Sparkasse KölnBonn.

Chart 5. Branches of Sparkasse KölnBonn.