Core business of Sparkasse Pforzheim Calw 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 Pforzheim Calw is essentially focused on broad participation in developing citizens' prosperity and on increasing local economic strength rather than on maximising profits. This business focus help Sparkasse Pforzheim Calw to avoid excessive risks which is reflected in high credit ratings of Sparkasse Pforzheim Calw.
Due to regulatory requirements Sparkasse Pforzheim Calw performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Sparkasse Pforzheim Calw will ask him/her to provide the following documents: passport, ID card, utility bill. For corporate clients Sparkasse Pforzheim Calw will ask to provide corporate documentation as well as information about controlling persons. Sparkasse Pforzheim Calw may request additional documentation or information depending on the case.
Sparkasse Pforzheim Calw is the 62nd largest bank in Germany in terms of total assets. In 2018 its total assets were 12 445,55 mln EUR, providing the bank with the market share of 0.18%. Sparkasse Pforzheim Calw is the 8th largest savings bank (sparkasse) in Germany (out of 385 savings banks (sparkassen)) having market share of 1.02% amongst the banks of this category. Sparkasse Pforzheim Calw had 1 881 employees in 2018.
Sparkasse Pforzheim Calw is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).
Sparkasse Pforzheim Calw participates in the deposit guarantee scheme of Germany. This deposit guarantee scheme applies to all deposit accounts made by individuals, companies and covers up to up to 100,000 EUR per bank per depositor. Sparkasse Pforzheim Calw is a member of Institutional Protection Scheme of the Savings Banks Finance Group and makes its contributions into it.
Sparkasse Pforzheim Calw is located in Pforzheim.