Stadtsparkasse München

Stadtsparkasse München is a member of Sparkassen Finanzgruppe and is the 5th largest savings bank in Germany out of 385.

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 (2018)
19,111.87 mln EUR  (+6.29%)
Number of Employees (2018)
2,663  (-2.95%)

In 2018 total assets of Stadtsparkasse München were 19 111,87 mln EUR. Stadtsparkasse München is the 5th largest savings bank (sparkasse) in Germany (out of 385 savings banks (sparkassen)) having market share of 1.56% amongst the banks of this category. Stadtsparkasse München had 2 663 employees in 2018.

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