Created by Anna Mileiko 
Stadtsparkasse Remscheid is a member of Sparkassen Finanzgruppe and is the 265th largest savings bank in Germany out of 353.
Core business of Stadtsparkasse Remscheid 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 Remscheid 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 Remscheid to avoid excessive risks which is reflected in high credit ratings of Stadtsparkasse Remscheid.
In 2023, Stadtsparkasse Remscheid achieved the position of 514th largest bank in Germany with a market share of 0.02%; its total assets dropped by 6.66%.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Stadtsparkasse Remscheid.
Becoming a client of Stadtsparkasse Remscheid can be done in a few steps:
Stadtsparkasse Remscheid performs client's identity verification via branch visit.
branch
online banking
Stadtsparkasse Remscheid is the 514th largest bank in Germany in terms of total assets. In 2023 its total assets were 1 627,64 mln EUR, providing the bank with the market share of 0.02%. Stadtsparkasse Remscheid is the 265th largest savings bank (sparkasse) in Germany (out of 353 savings banks (sparkassen)) having market share of 0.11% amongst the banks of this category. Stadtsparkasse Remscheid had 272 employees in 2023.
Stadtsparkasse Remscheid is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).
Stadtsparkasse Remscheid 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 Remscheid is a member of Institutional Protection Scheme of the Savings Banks Finance Group and makes its contributions into it.
Alleestraße 76-88, 42853, Remscheid, Germany
10 08 63Stadtsparkasse Remscheid is located in Remscheid.
