Sparkasse KölnBonn

Business Focus
retail banking

Sparkasse KölnBonn is a member of Sparkassen Finanzgruppe and is the 2nd largest savings bank in Germany out of 385.

Core business of Sparkasse KölnBonn 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 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

Clients

natural persons
small- and medium-sized enterprises
public-sector organizations

Area Served

local community

Products

current accounts
debit cards
credit cards
savings accounts
time deposit accounts
pension plans
consumer loans
car loans
mortgage loans

Account Opening

Becoming a client of Sparkasse KölnBonn can be done in a few steps:
1.
Book an appointment
2.
Visit bank branch

Due to regulatory requirements Sparkasse KölnBonn performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Sparkasse KölnBonn will ask him/her to provide the following documents: passport, ID card, utility bill. For corporate clients Sparkasse KölnBonn will ask to provide corporate documentation as well as information about controlling persons. Sparkasse KölnBonn may request additional documentation or information depending on the case.

Ways to Bank

Sparkasse KölnBonn delivers its products and services through both direct and indirect channels, namely:
branch
online banking

Financials

Total Assets of Sparkasse KölnBonn
Market Share of Sparkasse KölnBonn
Total Assets (2018)
26,756.22 mln EUR  (+1.99%)
Number of Employees (2018)
3,922  (-3.94%)

Sparkasse KölnBonn is the 33rd largest bank in Germany in terms of total assets. In 2018 its total assets were 26 756,22 mln EUR, providing the bank with the market share of 0.38%. Sparkasse KölnBonn is the 2nd largest savings bank (sparkasse) in Germany (out of 385 savings banks (sparkassen)) having market share of 2.18% amongst the banks of this category. Sparkasse KölnBonn had 3 922 employees in 2018.

Credit Ratings

Fitch: A+
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: Aa3
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

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).

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Institutional Protection Scheme of the Savings Banks Finance Group
Covered Depositors
individuals
companies
Covered Accounts
all deposit accounts

Sparkasse KölnBonn 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 KölnBonn is a member of Institutional Protection Scheme of the Savings Banks Finance Group and makes its contributions into it.

Contacts

Hahnenstraße 57, 50667, Köln, Germany
10 35 44

Sparkasse KölnBonn is located in Köln.

Bank Identifiers

BIC (SWIFT)
COLSDE33XXX
LEI
5299001ADI8FLGT0GU28
MFI ID
DE00897