Sparkasse Schwarzwald-Baar is a member of Sparkassen Finanzgruppe and is the 99th largest savings bank in Germany out of 353.
Core business of Sparkasse Schwarzwald-Baar 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 Schwarzwald-Baar is essentially focusedon broad participation in developing citizens' prosperity and on increasing local economic strength rather than on maximising profits. This business focus help Sparkasse Schwarzwald-Baar to avoid excessive risks which is reflected in high credit ratings of Sparkasse Schwarzwald-Baar.
In 2023, Sparkasse Schwarzwald-Baar achieved the position of 196th largest bank in Germany with a market share of 0.05%; its total assets dropped by 3.57%.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Sparkasse Schwarzwald-Baar.
Becoming a client of Sparkasse Schwarzwald-Baar can be done in a few steps:
Sparkasse Schwarzwald-Baar performs client's identity verification via branch visit.
Sparkasse Schwarzwald-Baar is the 196th largest bank in Germany in terms of total assets. In 2023 its total assets were 4 786,95 mln EUR, providing the bank with the market share of 0.05%. Sparkasse Schwarzwald-Baar is the 99th largest savings bank (sparkasse) in Germany (out of 353 savings banks (sparkassen)) having market share of 0.32% amongst the banks of this category. Sparkasse Schwarzwald-Baar had 620 employees in 2023.
Sparkasse Schwarzwald-Baar is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).
Sparkasse Schwarzwald-Baar participates in the deposit guarantee scheme of Germany which applies to all deposit accounts made by individuals, companies and covers up to up to 100,000 EUR per bank per depositor. Sparkasse Schwarzwald-Baar is a member of Institutional Protection Scheme of the Savings Banks Finance Group and makes its contributions into it.
Sparkasse Schwarzwald-Baar is located in Villingen-Schwenningen.