Stadtsparkasse Emmerich-Rees - Verbandssparkasse der Städte Emmerich und Rees -

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Stadtsparkasse Emmerich-Rees - Verbandssparkasse der Städte Emmerich und Rees - Logo

Address

Agnetenstraße 3, 46446, Emmerich, Germany

BIC

WELADED1EMR

Overview

Business Focus

retail banking

Stadtsparkasse Emmerich-Rees - Verbandssparkasse der Städte Emmerich und Rees - is a member of Sparkassen Finanzgruppe and is the 338th largest savings bank in Germany out of 413.

Core business of Stadtsparkasse Emmerich-Rees - Verbandssparkasse der Städte Emmerich und Rees - 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 Emmerich-Rees - Verbandssparkasse der Städte Emmerich und Rees - 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 Emmerich-Rees - Verbandssparkasse der Städte Emmerich und Rees - to avoid excessive risks which is reflected in high credit ratings of Stadtsparkasse Emmerich-Rees - Verbandssparkasse der Städte Emmerich und Rees -.

Performance

In 2015, Stadtsparkasse Emmerich-Rees - Verbandssparkasse der Städte Emmerich und Rees - achieved the position of 747th largest bank in Germany with a market share of 0.01%; its total assets dropped by 4.26%.

Deposit Protection

Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Stadtsparkasse Emmerich-Rees - Verbandssparkasse der Städte Emmerich und Rees -.

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

Ways to Bank

Stadtsparkasse Emmerich-Rees - Verbandssparkasse der Städte Emmerich und Rees - delivered its products and services through both direct and indirect channels, namely:
branch branch
online banking online banking

Financials

Total Assets of Stadtsparkasse Emmerich-Rees - Verbandssparkasse der Städte Emmerich und Rees -
Market Share of Stadtsparkasse Emmerich-Rees - Verbandssparkasse der Städte Emmerich und Rees -
Total Assets (2015)
766.43 mln EUR   (-4.26%)
Number of Employees (2015)
204   (-2.39%)

Stadtsparkasse Emmerich-Rees - Verbandssparkasse der Städte Emmerich und Rees - was the 747th largest bank in Germany in terms of total assets. In 2015 its total assets were 766,43 mln EUR, providing the bank with the market share of 0.01%. Stadtsparkasse Emmerich-Rees - Verbandssparkasse der Städte Emmerich und Rees - was the 338th largest savings bank (sparkasse) in Germany (out of 413 savings banks (sparkassen)) having market share of 0.07% amongst the banks of this category. Stadtsparkasse Emmerich-Rees - Verbandssparkasse der Städte Emmerich und Rees - had 204 employees in 2015.

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 Emmerich-Rees - Verbandssparkasse der Städte Emmerich und Rees - 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 Emmerich-Rees - Verbandssparkasse der Städte Emmerich und Rees - 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 Emmerich-Rees - Verbandssparkasse der Städte Emmerich und Rees - is a member of Institutional Protection Scheme of the Savings Banks Finance Group and makes its contributions into it.

See Also

Contacts

addressAgnetenstraße 3, 46446, Emmerich, Germany
po box10 08 62

Stadtsparkasse Emmerich-Rees - Verbandssparkasse der Städte Emmerich und Rees - was located in Emmerich.

Bank Identifiers

BIC (SWIFT)
WELADED1EMR
MFI ID
DE00829

Bank History

Close Date
August 2016
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