Stadtsparkasse Wedel is a member of Sparkassen Finanzgruppe and is the 337th largest savings bank in Germany out of 353.
Core business of Stadtsparkasse Wedel 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 Wedel 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 Wedel to avoid excessive risks which is reflected in high credit ratings of Stadtsparkasse Wedel.
In 2023, Stadtsparkasse Wedel achieved the position of 729th largest bank in Germany with a market share of 0.01%; its total assets dropped by 8.96%.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Stadtsparkasse Wedel.
Becoming a client of Stadtsparkasse Wedel can be done in a few steps:
Stadtsparkasse Wedel performs client's identity verification via branch visit.
Stadtsparkasse Wedel is the 729th largest bank in Germany in terms of total assets. In 2023 its total assets were 723,80 mln EUR, providing the bank with the market share of 0.01%. Stadtsparkasse Wedel is the 337th largest savings bank (sparkasse) in Germany (out of 353 savings banks (sparkassen)) having market share of 0.05% amongst the banks of this category. Stadtsparkasse Wedel had 99 employees in 2023.
Stadtsparkasse Wedel is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).
Stadtsparkasse Wedel 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 Wedel is a member of Institutional Protection Scheme of the Savings Banks Finance Group and makes its contributions into it.
Stadtsparkasse Wedel is located in Wedel.