Stadtsparkasse Rheine, part of the Sparkassen Finanzgruppe, is the 260th largest savings bank in Germany.
The bank specializes in retail banking services for individuals, small and medium-sized enterprises, and public institutions. By prioritizing local economic development and community prosperity over profit maximization, it maintains a conservative risk approach, reflected in its strong credit ratings.
In 2023, Stadtsparkasse Rheine achieved the position of 499th largest bank in Germany with a market share of 0.02%; its total assets dropped by 1.64%.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Stadtsparkasse Rheine.
Becoming a client of Stadtsparkasse Rheine can be done in a few steps:
Stadtsparkasse Rheine performs client's identity verification via branch visit.
Stadtsparkasse Rheine ranks as the 499th largest bank in Germany by total assets. In 2023 its total assets were 1,683.31 mln EUR, representing a 0.02% market share. It is also the 260th largest savings bank in Germany, commanding a 0.11% share among savings banks. As of 2023, the bank employed 229 people.
Stadtsparkasse Rheine is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).
Stadtsparkasse Rheine protects deposits up to up to 100,000 EUR per depositor through Germany's deposit guarantee scheme. The scheme applies to all deposit accounts made by individuals, companies. The bank participates in the Institutional Protection Scheme of the Savings Banks Finance Group, making regular contributions into it.
Stadtsparkasse Rheine is located in Rheine.