Core business of Sparkasse Mainfranken Würzburg 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 Mainfranken Würzburg 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 Mainfranken Würzburg to avoid excessive risks which is reflected in high credit ratings of Sparkasse Mainfranken Würzburg.
In 2017 total assets of Sparkasse Mainfranken Würzburg were 8 240,98 mln EUR. Sparkasse Mainfranken Würzburg is the 27th largest savings bank (sparkasse) in Germany (out of 390 savings banks (sparkassen)) having market share of 0.69% amongst the banks of this category. Sparkasse Mainfranken Würzburg had 1 620 employees in 2017.
Sparkasse Mainfranken Würzburg participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100 000 EUR per bank per depositor.
Sparkasse Mainfranken Würzburg is located in Würzburg.
time deposit accounts
|natural persons, enterprises and public-sector organizations|
Sparkasse Mainfranken Würzburg provides services in the area of retail banking. The range of products offered by Sparkasse Mainfranken Würzburg includes current accounts, debit cards, credit cards, savings accounts, time deposit accounts, pension plans, consumer loans, car loans, mortgage loans. Sparkasse Mainfranken Würzburg makes its solutions available to natural persons, enterprises and public-sector organizations.
|Total Assets (2017)|
|8 240.98 mln EUR (+1.95%)|
In 2017 total assets of Sparkasse Mainfranken Würzburg were 8 240.98 mln EUR. Growth compared to the previous period (2016) was 1.95%. The evolution of the total assets of Sparkasse Mainfranken Würzburg is shown at Chart 1 below.
Chart 1. Total Assets of Sparkasse Mainfranken Würzburg.
Recent changes in total assets of Sparkasse Mainfranken Würzburg and its main components are shown in Table 1.
|Loans to customers||5 109.8||5 416.7||+6.01%|
|Total Assets||8 083.7||8 241.0||+1.95%|
|Table 1. Recent changes in total assets of Sparkasse Mainfranken Würzburg (mln EUR).|
Recent changes in total liabilities of Sparkasse Mainfranken Würzburg and its main components are shown in Table 2.
|Customer deposits||6 660.7||6 740.2||+1.19%|
|Total Liabilities||8 083.7||8 241.0||+1.95%|
|Table 2. Recent changes in total liabilities of Sparkasse Mainfranken Würzburg (mln EUR).|
|Number of Employees (2017)|
|1 620 (-4.37%)|
In 2017 there were 1 620 employees of Sparkasse Mainfranken Würzburg. Decline compared to the previous period (2016) was -4.37%. The evolution of the number of employees of Sparkasse Mainfranken Würzburg is shown at Chart 2 below.
Chart 2. Number of Employees of Sparkasse Mainfranken Würzburg.
|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 Mainfranken Würzburg 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|
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 Mainfranken Würzburg and its components are shown in the table below.
|Bank BIC Code||BYLA|
|Country Code||DE (Germany)|
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 Mainfranken Würzburg is shown in the table below.
In 2017 Sparkasse Mainfranken Würzburg had 122 branches in Germany. Decline compared to the previous period (2016) was -3.94%. The evolution of the number of branches of Sparkasse Mainfranken Würzburg is shown at Chart 5 below.
Chart 5. Branches of Sparkasse Mainfranken Würzburg.