Sparkasse Nördlingen

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Sparkasse Nördlingen Logo

Address

Bei den Kornschrannen 1, 86720, Nördlingen, Germany

BIC

BYLADEM1NLG

Overview

Business Focus

retail banking

Sparkasse Nördlingen, part of the Sparkassen Finanzgruppe, is the 362nd 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.

Performance

In 2018, Sparkasse Nördlingen achieved the position of 945th largest bank in Germany with a market share of 0.01%; its total assets grew by 2.22%.

Deposit Protection

Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Sparkasse Nördlingen.

Services

retail banking

Clients

natural persons
small- and medium-sized enterprises
public-sector organizations

Area Served

local community

Products

current accounts
debit cards
credit cards
savings accounts
time deposit accounts
pension plans
consumer loans
car loans
mortgage loans

Card Providers

VisaMasterCard

Ways to Bank

Sparkasse Nördlingen delivered its products and services through both direct and indirect channels, namely:
branch branch
online banking online banking

Financials

Total Assets of Sparkasse Nördlingen
Market Share of Sparkasse Nördlingen
Total Assets (2018)
475.81 mln EUR   (+2.22%)
Number of Employees (2018)
104   (-5.45%)

Sparkasse Nördlingen ranked as the 945th largest bank in Germany by total assets. In 2018 its total assets were 475.81 mln EUR, representing a 0.01% market share. It was also the 362nd largest savings bank in Germany, commanding a 0.04% share among savings banks. As of 2018, the bank employed 104 people.

Credit Ratings

Fitch: A+
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: -
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

Sparkasse Nördlingen is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Institutional Protection Scheme of the Savings Banks Finance Group
Covered Accounts
all deposit accounts
Eligible Depositors
individuals
companies

Sparkasse Nördlingen 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.

See Also

Contacts

addressBei den Kornschrannen 1, 86720, Nördlingen, Germany
po box1531

Sparkasse Nördlingen was located in Nördlingen.

Bank Identifiers

BIC (SWIFT)
BYLADEM1NLG
LEI
5299006W6DB7QIDFW827
MFI ID
DE00570

Bank History

Close Date
August 2019
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