Stadtsparkasse München

Stadtsparkasse München is a member of Sparkassen Finanzgruppe and is the 5th largest savings bank in Germany out of 390.

Core business of Stadtsparkasse München 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 München 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 München to avoid excessive risks which is reflected in high credit ratings of Stadtsparkasse München.

Services

Retail Banking

Financials

Total Assets (2017)
17,980.67 mln EUR  (+2.03%)
Number of Employees (2017)
2,744  (-2.97%)

Stadtsparkasse München is the 50th largest bank in Germany in terms of total assets. In 2017 its total assets were 17 980,67 mln EUR, providing the bank with the market share of 0.26%. Stadtsparkasse München is the 5th largest savings bank (sparkasse) in Germany (out of 390 savings banks (sparkassen)) having market share of 1.50% amongst the banks of this category. Stadtsparkasse München had 2 744 employees in 2017.

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

Stadtsparkasse München participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100,000 EUR per bank per depositor.

Contacts

Sparkassenstraße 2, 80331, München, Germany

Stadtsparkasse München is located in München.

Bank Identifiers

BIC (SWIFT)
SSKMDEMMXXX
LEI
529900P7CWBZI0062C32
MFI ID
DE00561