Created by Anna Mileiko 
Sparkasse Neumarkt i.d. OPf.-Parsberg, part of the Sparkassen Finanzgruppe, is the 165th 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 Neumarkt i.d. OPf.-Parsberg achieved the position of 348th largest bank in Germany with a market share of 0.03%; its total assets dropped by 0.63%.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Sparkasse Neumarkt i.d. OPf.-Parsberg.
Becoming a client of Sparkasse Neumarkt i.d. OPf.-Parsberg can be done in a few steps:
Sparkasse Neumarkt i.d. OPf.-Parsberg performs client's identity verification via branch visit.
branch
online banking
Sparkasse Neumarkt i.d. OPf.-Parsberg ranks as the 348th largest bank in Germany by total assets. In 2023 its total assets were 2,922.82 mln EUR, representing a 0.03% market share. It is also the 165th largest savings bank in Germany, commanding a 0.19% share among savings banks. As of 2023, the bank employed 389 people.
Sparkasse Neumarkt i.d. OPf.-Parsberg is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).
Sparkasse Neumarkt i.d. OPf.-Parsberg 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.
Obere Marktstraße 52, 92318, Neumarkt, Oberpf., Germany
1327Sparkasse Neumarkt i.d. OPf.-Parsberg is located in Neumarkt, Oberpf..
VisaMasterCardSparkasse Neumarkt i.d. OPf.-Parsberg provides services in the area of retail banking. Sparkasse Neumarkt i.d. OPf.-Parsberg offers a range of products including current accounts, debit cards, credit cards, savings accounts, time deposit accounts, pension plans, consumer loans, car loans, mortgage loans. Sparkasse Neumarkt i.d. OPf.-Parsberg makes its solutions available to natural persons, small- and medium-sized enterprises, public-sector organizations.
Opening an account with Sparkasse Neumarkt i.d. OPf.-Parsberg can be done by performing the following steps: book an appointment, visit bank branch.
Sparkasse Neumarkt i.d. OPf.-Parsberg requires the following documents to open a personal bank account: passport or ID card; utility bill; application form.
While opening a bank account Sparkasse Neumarkt i.d. OPf.-Parsberg has to perform KYC procedure and comply with AML requirements. KYC procedure usually includes obtaining the information about customer identity, residential address, current occupation and source of income. KYC checks performed by Sparkasse Neumarkt i.d. OPf.-Parsberg and the documents used are outlined below.
Sparkasse Neumarkt i.d. OPf.-Parsberg may require additional documentation or information depending on the case.
Sparkasse Neumarkt i.d. OPf.-Parsberg performs identity verification using branch visit.
branch online bankingProducts and services offered by Sparkasse Neumarkt i.d. OPf.-Parsberg are available at its branches and via its online banking system.
In 2023 total assets of Sparkasse Neumarkt i.d. OPf.-Parsberg were 2,922.82 mln EUR. Decline compared to the previous period (2022) was -0.63%. The evolution of the total assets of Sparkasse Neumarkt i.d. OPf.-Parsberg is shown at Chart 1 below.
Chart 1. Total Assets of Sparkasse Neumarkt i.d. OPf.-Parsberg.
Recent changes in total assets of Sparkasse Neumarkt i.d. OPf.-Parsberg and its main components are shown in Table 1.
| 2022 | 2023 | change (%) | |
|---|---|---|---|
| Loans to customers | 1,732.8 | 1,751.0 | +1.05% |
| Total Assets | 2,941.3 | 2,922.8 | -0.63% |
Table 1. Recent changes in total assets of Sparkasse Neumarkt i.d. OPf.-Parsberg (mln EUR).
Recent changes in total liabilities of Sparkasse Neumarkt i.d. OPf.-Parsberg and its main components are shown in Table 2.
| 2022 | 2023 | change (%) | |
|---|---|---|---|
| Customer deposits | 2,145.5 | 2,174.4 | +1.35% |
| Total Liabilities | 2,941.3 | 2,922.8 | -0.63% |
Table 2. Recent changes in total liabilities of Sparkasse Neumarkt i.d. OPf.-Parsberg (mln EUR).
In 2023 there were 389 employees of Sparkasse Neumarkt i.d. OPf.-Parsberg. Decline compared to the previous period (2022) was -1.27%. The evolution of the number of employees of Sparkasse Neumarkt i.d. OPf.-Parsberg is shown at Chart 2 below.
Chart 2. Number of Employees of Sparkasse Neumarkt i.d. OPf.-Parsberg.
In 2023 Sparkasse Neumarkt i.d. OPf.-Parsberg had 25 branches in Germany. The value didn't change compared to the previous period (2022). The evolution of the number of branches of Sparkasse Neumarkt i.d. OPf.-Parsberg is shown at Chart 3 below.
Chart 3. Branches of Sparkasse Neumarkt i.d. OPf.-Parsberg.
In 2023 Sparkasse Neumarkt i.d. OPf.-Parsberg was ranked the 165th largest savings bank (sparkasse) in Germanyin terms of total assets, having 0.19% of the category's market share.
Chart 4. Market share of Sparkasse Neumarkt i.d. OPf.-Parsberg (among Savings banks (Sparkassen) in Germany)
TheBanks.eu identified several banks savings banks (sparkassen) having the market shares and ranks closest to Sparkasse Neumarkt i.d. OPf.-Parsberg listed below.
| Rank | Name | Market % | Total Assets |
|---|---|---|---|
| 164 | | 0.19% | 2,929.05 mln EUR (-1.73%) |
| 165 | | 0.19% | 2,922.82 mln EUR (-0.63%) |
| 166 | | 0.19% | 2,918.24 mln EUR (-0.77%) |
In 2023 Sparkasse Neumarkt i.d. OPf.-Parsberg was ranked the 348th largest bank in Germanyin terms of total assets, having 0.03% of the domestic market share.
Chart 5. Market share of Sparkasse Neumarkt i.d. OPf.-Parsberg (among banks in Germany)
Historical changes in Sparkasse Neumarkt i.d. OPf.-Parsberg's domestic rank and market share over 2019-2023 are shown below:
| Year | Rank | Market % |
|---|---|---|
| 2023 | 348 | 0.03 % |
| 2022 | 347 | 0.03 % |
| 2021 | 339 | 0.04 % |
| 2020 | 321 | 0.04 % |
| 2019 | 343 | 0.04 % |
TheBanks.eu identified several banks banks having the market shares and ranks closest to Sparkasse Neumarkt i.d. OPf.-Parsberg listed below.
| Rank | Name | Market % | Total Assets |
|---|---|---|---|
| 347 | | 0.03% | 2,929.05 mln EUR (-1.73%) |
| 348 | | 0.03% | 2,922.82 mln EUR (-0.63%) |
| 349 | | 0.03% | 2,918.24 mln EUR (-0.77%) |
Sparkasse Neumarkt i.d. OPf.-Parsberg has received a rating from Fitch, a major credit rating agency. This rating assesses the institution's financial stability and creditworthiness.
| Rating Category / Outlook | Value |
|---|---|
| Long-Term Issuer Default Rating | A+ (high credit quality) |
| Outlook | stable |
| On Watch | No |
| Short-Term Issuer Default Rating | F1+ (highest short-term credit quality) |
| Viability Rating | - |
| Support Rating | - |
| Support Rating Floor | - |
The long-term issuer rating measures the bank’s ability tomeet its financial obligations, while the short-term rating reflects itsshort-term creditworthiness. The stable outlook means Fitch does not expect this rating to change in the near future.
Discover key identifiers of Sparkasse Neumarkt i.d. OPf.-Parsberg including its BIC, LEI, MFI ID.
BIC: BYLADEM1NMA
The BIC (also known as SWIFT code) for Sparkasse Neumarkt i.d. OPf.-Parsberg is BYLADEM1NMA. It is used in financial transactions like cross-border and SEPA payments, and helps identify the bank in global banking systems.
| Key | Value |
|---|---|
| BIC | BYLADEM1NMA |
| Bank BIC Code | BYLA |
| Country Code | DE (Germany) |
| Location Code | M1 |
| Branch Code | NMA |
LEI: 529900C09PDSUJ27W947
Sparkasse Neumarkt i.d. OPf.-Parsberg’s LEI is 529900C09PDSUJ27W947. This code is critical for verifying the institutions’s legal identity in financial markets and is used for regulatory reporting and risk management.
| Key | Value |
|---|---|
| LEI | 529900C09PDSUJ27W947 |
| LOU Identifier | 5299 |
| Reserved | 00 |
| Entity Identifier | C09PDSUJ27W9 |
| Verification ID | 47 |
MFI ID: DE00565
Sparkasse Neumarkt i.d. OPf.-Parsberg’s MFI ID, DE00565, is assigned by the European Central Bank to identify the institution within the EU's financial system. The first two digits represent Germany (DE), followed by the institutions's internal ID.
| Key | Value |
|---|---|
| MFI ID | DE00565 |
| Country Code | DE |
| MFI Code | 00565 |
TheBanks.eu identified several banks similar to Sparkasse Neumarkt i.d. OPf.-Parsberg based on various criteria, including:
