Stadtsparkasse Blomberg/Lippe (Germany)

Address

Rosenstraße 5, 32825, Blomberg, Lippe, Germany

BIC

WELADED1BLO

Overview

Business Focus

retail banking

Stadtsparkasse Blomberg/Lippe is a member of Sparkassen Finanzgruppe and is the 373rd largest savings bank in Germany out of 379.

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

Performance

In 2019, Stadtsparkasse Blomberg/Lippe achieved the position of 1079th largest bank in Germany with a market share of 0.00%; its total assets grew by 2.09%.

Deposit Protection

Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Stadtsparkasse Blomberg/Lippe.

Market Share (#1079 in Germany)

Market Share of Stadtsparkasse Blomberg/Lippe

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

Ways to Bank

Stadtsparkasse Blomberg/Lippe delivered its products and services through both direct and indirect channels, namely:

branch

online banking

Financials

Total Assets of Stadtsparkasse Blomberg/Lippe

Total Assets (2019)

312.50 mln EUR (+2.09%)

Number of Employees (2019)

62 (-1.59%)

Stadtsparkasse Blomberg/Lippe was the 1079th largest bank in Germany in terms of total assets. In 2019 its total assets were 312,50 mln EUR, providing the bank with the market share of 0.00%. Stadtsparkasse Blomberg/Lippe was the 373rd largest savings bank (sparkasse) in Germany (out of 379 savings banks (sparkassen)) having market share of 0.02% amongst the banks of this category. Stadtsparkasse Blomberg/Lippe had 62 employees in 2019.

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

Stadtsparkasse Blomberg/Lippe 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

Stadtsparkasse Blomberg/Lippe 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. Stadtsparkasse Blomberg/Lippe is a member of Institutional Protection Scheme of the Savings Banks Finance Group and makes its contributions into it.