Sparkasse im Landkreis Schwandorf, part of the Sparkassen Finanzgruppe, is the 199th 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 im Landkreis Schwandorf achieved the position of 364th largest bank in Germany with a market share of 0.03%; its total assets dropped by 2.05%.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Sparkasse im Landkreis Schwandorf.
Becoming a client of Sparkasse im Landkreis Schwandorf can be done in a few steps:
Sparkasse im Landkreis Schwandorf performs client's identity verification via branch visit.
Sparkasse im Landkreis Schwandorf ranks as the 364th largest bank in Germany by total assets. In 2023 its total assets were 2,477.09 mln EUR, representing a 0.03% market share. It is also the 199th largest savings bank in Germany, commanding a 0.16% share among savings banks. As of 2023, the bank employed 369 people.
Sparkasse im Landkreis Schwandorf is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).
Sparkasse im Landkreis Schwandorf 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.
Sparkasse im Landkreis Schwandorf is located in Schwandorf.