Sparkasse Schwarzwald-Baar

Anna MileikoCreated by Anna Mileiko

Sparkasse Schwarzwald-Baar Logo

Address

Gerberstraße 45, 78050, Villingen-Schwenningen, Germany

BIC

SOLADES1VSS

Overview

Business Focus

retail banking

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.

Performance

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%.

Deposit Protection

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

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

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
SEPA Direct Debits B2B

See Also

Account Opening

Becoming a client of Sparkasse Schwarzwald-Baar can be done in a few steps:

1.
Book an appointment
2.
Visit bank branch

Sparkasse Schwarzwald-Baar performs client's identity verification via branch visit.

See Also

Ways to Bank

Sparkasse Schwarzwald-Baar delivers its products and services through both direct and indirect channels, namely:
branch branch
online banking online banking

Financials

Total Assets of Sparkasse Schwarzwald-Baar
Market Share of Sparkasse Schwarzwald-Baar
Total Assets (2023)
4,786.95 mln EUR   (-3.57%)
Number of Employees (2023)
620   (-2.21%)

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.

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

Deposit Guarantee

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

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.

See Also

Contacts

addressGerberstraße 45, 78050, Villingen-Schwenningen, Germany
po box11 80

Sparkasse Schwarzwald-Baar is located in Villingen-Schwenningen.

Bank Identifiers

BIC (SWIFT)
SOLADES1VSS
LEI
529900NDGXZ3LYLNJ560
MFI ID
DE00440
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