Sparkasse Zwickau is a member of Sparkassen Finanzgruppe and is the 161st largest savings bank in Germany out of 353.
Core business of Sparkasse Zwickau 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 Zwickau 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 Zwickau to avoid excessive risks which is reflected in high credit ratings of Sparkasse Zwickau.
In 2023, Sparkasse Zwickau achieved the position of 303rd largest bank in Germany with a market share of 0.03%; its total assets grew by 0.24%.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Sparkasse Zwickau.
Becoming a client of Sparkasse Zwickau can be done in a few steps:
Sparkasse Zwickau performs client's identity verification via branch visit.
Sparkasse Zwickau is the 303rd largest bank in Germany in terms of total assets. In 2023 its total assets were 3 005,98 mln EUR, providing the bank with the market share of 0.03%. Sparkasse Zwickau is the 161st largest savings bank (sparkasse) in Germany (out of 353 savings banks (sparkassen)) having market share of 0.20% amongst the banks of this category. Sparkasse Zwickau had 409 employees in 2023.
Sparkasse Zwickau is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).
Sparkasse Zwickau 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 Zwickau is a member of Institutional Protection Scheme of the Savings Banks Finance Group and makes its contributions into it.
Sparkasse Zwickau is located in Zwickau.