Stadt-Sparkasse Gelsenkirchen

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Stadt-Sparkasse Gelsenkirchen Logo

Address

Sparkassenstraße 3, 45879, Gelsenkirchen, Germany

BIC

WELADED1GEK

Overview

Business Focus

retail banking

Stadt-Sparkasse Gelsenkirchen is a member of Sparkassen Finanzgruppe and is the 131st largest savings bank in Germany out of 353.

Core business of Stadt-Sparkasse Gelsenkirchen 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 Stadt-Sparkasse Gelsenkirchen is essentially focusedon broad participation in developing citizens' prosperity and on increasing local economic strength rather than on maximising profits. This business focus help Stadt-Sparkasse Gelsenkirchen to avoid excessive risks which is reflected in high credit ratings of Stadt-Sparkasse Gelsenkirchen.

Performance

In 2023, Stadt-Sparkasse Gelsenkirchen achieved the position of 247th largest bank in Germany with a market share of 0.04%; its total assets dropped by 2.63%.

Deposit Protection

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

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 Stadt-Sparkasse Gelsenkirchen can be done in a few steps:

1.
Book an appointment
2.
Visit bank branch

Stadt-Sparkasse Gelsenkirchen performs client's identity verification via branch visit.

See Also

Ways to Bank

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

Financials

Total Assets of Stadt-Sparkasse Gelsenkirchen
Market Share of Stadt-Sparkasse Gelsenkirchen
Total Assets (2023)
3,879.13 mln EUR   (-2.63%)
Number of Employees (2023)
648   (-2.85%)

Stadt-Sparkasse Gelsenkirchen is the 247th largest bank in Germany in terms of total assets. In 2023 its total assets were 3 879,13 mln EUR, providing the bank with the market share of 0.04%. Stadt-Sparkasse Gelsenkirchen is the 131st largest savings bank (sparkasse) in Germany (out of 353 savings banks (sparkassen)) having market share of 0.26% amongst the banks of this category. Stadt-Sparkasse Gelsenkirchen had 648 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

Stadt-Sparkasse Gelsenkirchen 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

Stadt-Sparkasse Gelsenkirchen 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. Stadt-Sparkasse Gelsenkirchen is a member of Institutional Protection Scheme of the Savings Banks Finance Group and makes its contributions into it.

See Also

Contacts

addressSparkassenstraße 3, 45879, Gelsenkirchen, Germany
po box10 01 02

Stadt-Sparkasse Gelsenkirchen is located in Gelsenkirchen.

Bank Identifiers

BIC (SWIFT)
WELADED1GEK
LEI
529900ZHPGXS033GRJ11
MFI ID
DE00846
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