Core business of Stadtsparkasse Essen is providing high-quality retail banking products and services to local residents: private customers, enterprises and the public-sector institutions.
Tradionally for savings banks Stadtsparkasse Essen 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 Essen to avoid excessive risks which is reflected in high credit ratings of Stadtsparkasse Essen.
In 2018 total assets of Stadtsparkasse Essen were 8 456,93 mln EUR. Stadtsparkasse Essen is the 28th largest savings bank (sparkasse) in Germany (out of 385 savings banks (sparkassen)) having market share of 0.69% amongst the banks of this category. Stadtsparkasse Essen had 1 349 employees in 2018.
Stadtsparkasse Essen is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).
Stadtsparkasse Essen participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100,000 EUR per bank per depositor.
Stadtsparkasse Essen is located in Essen.