Sparkasse Mecklenburg-Schwerin is a member of Sparkassen Finanzgruppe and is the 132nd largest savings bank in Germany out of 353.
Core business of Sparkasse Mecklenburg-Schwerin 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 Mecklenburg-Schwerin 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 Mecklenburg-Schwerin to avoid excessive risks which is reflected in high credit ratings of Sparkasse Mecklenburg-Schwerin.
In 2023, Sparkasse Mecklenburg-Schwerin achieved the position of 248th largest bank in Germany with a market share of 0.04%; its total assets dropped by 1.31%.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Sparkasse Mecklenburg-Schwerin.
Becoming a client of Sparkasse Mecklenburg-Schwerin can be done in a few steps:
Sparkasse Mecklenburg-Schwerin performs client's identity verification via branch visit.
Sparkasse Mecklenburg-Schwerin is the 248th largest bank in Germany in terms of total assets. In 2023 its total assets were 3 803,13 mln EUR, providing the bank with the market share of 0.04%. Sparkasse Mecklenburg-Schwerin is the 132nd largest savings bank (sparkasse) in Germany (out of 353 savings banks (sparkassen)) having market share of 0.25% amongst the banks of this category. Sparkasse Mecklenburg-Schwerin had 432 employees in 2023.
Sparkasse Mecklenburg-Schwerin is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).
Sparkasse Mecklenburg-Schwerin 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 Mecklenburg-Schwerin is a member of Institutional Protection Scheme of the Savings Banks Finance Group and makes its contributions into it.
Sparkasse Mecklenburg-Schwerin is located in Schwerin, Meckl.