Created by Anna Mileiko 
Stadtsparkasse Borken (Hessen), part of the Sparkassen Finanzgruppe, is the 361st 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 2022, Stadtsparkasse Borken (Hessen) achieved the position of 1117th largest bank in Germany with a market share of 0.00%; its total assets dropped by 11.42%.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Stadtsparkasse Borken (Hessen).
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Stadtsparkasse Borken (Hessen) ranked as the 1117th largest bank in Germany by total assets. In 2022 its total assets were 184.60 mln EUR, representing a 0.00% market share. It was also the 361st largest savings bank in Germany, commanding a 0.01% share among savings banks. As of 2022, the bank employed 39 people.
Stadtsparkasse Borken (Hessen) is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).
Stadtsparkasse Borken (Hessen) 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.
Europaplatz 1, 34582, Borken (Hessen), Germany
1221Stadtsparkasse Borken (Hessen) was located in Borken (Hessen).
