Stadtsparkasse Düsseldorf

Business Focus
retail banking

Stadtsparkasse Düsseldorf is a member of Sparkassen Finanzgruppe and is the 12th largest savings bank in Germany out of 385.

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

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

Account Opening

Becoming a client of Stadtsparkasse Düsseldorf can be done in a few steps:
1.
Book an appointment
2.
Visit bank branch

Due to regulatory requirements Stadtsparkasse Düsseldorf performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Stadtsparkasse Düsseldorf will ask him/her to provide the following documents: passport, ID card, utility bill. For corporate clients Stadtsparkasse Düsseldorf will ask to provide corporate documentation as well as information about controlling persons. Stadtsparkasse Düsseldorf may request additional documentation or information depending on the case.

Ways to Bank

Stadtsparkasse Düsseldorf delivers its products and services through both direct and indirect channels, namely:
branch
online banking

Financials

Total Assets of Stadtsparkasse Düsseldorf
Market Share of Stadtsparkasse Düsseldorf
Total Assets (2018)
11,698.18 mln EUR  (+3.07%)
Number of Employees (2018)
1,831  (-5.86%)

Stadtsparkasse Düsseldorf is the 69th largest bank in Germany in terms of total assets. In 2018 its total assets were 11 698,18 mln EUR, providing the bank with the market share of 0.16%. Stadtsparkasse Düsseldorf is the 12th largest savings bank (sparkasse) in Germany (out of 385 savings banks (sparkassen)) having market share of 0.96% amongst the banks of this category. Stadtsparkasse Düsseldorf had 1 831 employees in 2018.

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 Düsseldorf is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Institutional Protection Scheme of the Savings Banks Finance Group
Covered Depositors
individuals
companies
Covered Accounts
all deposit accounts

Stadtsparkasse Düsseldorf participates in the deposit guarantee scheme of Germany. This deposit guarantee scheme applies to all deposit accounts made by individuals, companies and covers up to up to 100,000 EUR per bank per depositor. Stadtsparkasse Düsseldorf is a member of Institutional Protection Scheme of the Savings Banks Finance Group and makes its contributions into it.

Contacts

Berliner Allee 33, 40212, Düsseldorf, Germany
101030

Stadtsparkasse Düsseldorf is located in Düsseldorf.

Bank Identifiers

BIC (SWIFT)
DUSSDEDDXXX
LEI
529900QIQHMC6HSFBW06
MFI ID
DE00827