Sparkasse Münsterland Ost, part of the Sparkassen Finanzgruppe, is the 16th largest savings bank in Germany.
The bank specializes in retail banking services for individuals, small and medium-sized enterprises, and public institutions. By prioritizing local economic development and community prosperity over profit maximization, it maintains a conservative risk approach, reflected in its strong credit ratings.
In 2023, Sparkasse Münsterland Ost achieved the position of 59th largest bank in Germany with a market share of 0.14%; its total assets grew by 2.91%.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Sparkasse Münsterland Ost.
Becoming a client of Sparkasse Münsterland Ost can be done in a few steps:
Sparkasse Münsterland Ost performs client's identity verification via branch visit.
Sparkasse Münsterland Ost ranks as the 59th largest bank in Germany by total assets. In 2023 its total assets were 12,983.16 mln EUR, representing a 0.14% market share. It is also the 16th largest savings bank in Germany, commanding a 0.86% share among savings banks. As of 2023, the bank employed 1,222 people.
Sparkasse Münsterland Ost is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).
Sparkasse Münsterland Ost protects deposits up to up to 100,000 EUR per depositor through Germany's deposit guarantee scheme. The scheme applies to all deposit accounts made by individuals, companies. The bank participates in the Institutional Protection Scheme of the Savings Banks Finance Group, making regular contributions into it.
Sparkasse Münsterland Ost is located in Münster, Westf..