Sparkasse Lippstadt is a member of Sparkassen Finanzgruppe and is the 216th largest savings bank in Germany out of 361.
Core business of Sparkasse Lippstadt 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 Lippstadt 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 Lippstadt to avoid excessive risks which is reflected in high credit ratings of Sparkasse Lippstadt.
In 2022, Sparkasse Lippstadt achieved the position of 432nd largest bank in Germany with a market share of 0.03%; its total assets grew by 4.21%.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Sparkasse Lippstadt.
Sparkasse Lippstadt was the 432nd largest bank in Germany in terms of total assets. In 2022 its total assets were 2 297,71 mln EUR, providing the bank with the market share of 0.03%. Sparkasse Lippstadt was the 216th largest savings bank (sparkasse) in Germany (out of 361 savings banks (sparkassen)) having market share of 0.15% amongst the banks of this category. Sparkasse Lippstadt had 277 employees in 2022.
Sparkasse Lippstadt is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).
Sparkasse Lippstadt 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 Lippstadt is a member of Institutional Protection Scheme of the Savings Banks Finance Group and makes its contributions into it.
Sparkasse Lippstadt was located in Lippstadt.