Created by Anna Mileiko 
Sparkasse Oberlausitz-Niederschlesien, part of the Sparkassen Finanzgruppe, is the 107th 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 Oberlausitz-Niederschlesien achieved the position of 206th largest bank in Germany with a market share of 0.05%; its total assets grew by 1.13%.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Sparkasse Oberlausitz-Niederschlesien.
Becoming a client of Sparkasse Oberlausitz-Niederschlesien can be done in a few steps:
Sparkasse Oberlausitz-Niederschlesien performs client's identity verification via branch visit.
branch
online banking
Sparkasse Oberlausitz-Niederschlesien ranks as the 206th largest bank in Germany by total assets. In 2023 its total assets were 4,548.51 mln EUR, representing a 0.05% market share. It is also the 107th largest savings bank in Germany, commanding a 0.30% share among savings banks. As of 2023, the bank employed 434 people.
Sparkasse Oberlausitz-Niederschlesien is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).
Sparkasse Oberlausitz-Niederschlesien 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.
Frauenstraße 21, 02763, Zittau, Germany
11 66Sparkasse Oberlausitz-Niederschlesien is located in Zittau.
