Verbandssparkasse Goch - Zweckverbandssparkasse der Städte Goch und Kevelaer und der Gemeinde Weeze (Germany)

Address

Brückenstr. 35-37, 47574, Goch, Germany

BIC

WELADED1GOC

Overview

Business Focus

retail banking

Verbandssparkasse Goch - Zweckverbandssparkasse der Städte Goch und Kevelaer und der Gemeinde Weeze is a member of Sparkassen Finanzgruppe and is the 345th largest savings bank in Germany out of 370.

Core business of Verbandssparkasse Goch - Zweckverbandssparkasse der Städte Goch und Kevelaer und der Gemeinde Weeze 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 Verbandssparkasse Goch - Zweckverbandssparkasse der Städte Goch und Kevelaer und der Gemeinde Weeze is essentially focusedon broad participation in developing citizens' prosperity and on increasing local economic strength rather than on maximising profits. This business focus help Verbandssparkasse Goch - Zweckverbandssparkasse der Städte Goch und Kevelaer und der Gemeinde Weeze to avoid excessive risks which is reflected in high credit ratings of Verbandssparkasse Goch - Zweckverbandssparkasse der Städte Goch und Kevelaer und der Gemeinde Weeze.

Performance

In 2021, Verbandssparkasse Goch - Zweckverbandssparkasse der Städte Goch und Kevelaer und der Gemeinde Weeze achieved the position of 831st largest bank in Germany with a market share of 0.01%; its total assets grew by 1.36%.

Deposit Protection

Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Verbandssparkasse Goch - Zweckverbandssparkasse der Städte Goch und Kevelaer und der Gemeinde Weeze.

Market Share (#831 in Germany)

Market Share of Verbandssparkasse Goch - Zweckverbandssparkasse der Städte Goch und Kevelaer und der Gemeinde Weeze

Services

retail banking

Clients

natural persons

small- and medium-sized enterprises

public-sector organizations

Area Served

local community

Products

current accounts

debit cards

credit cards

savings accounts

time deposit accounts

pension plans

consumer loans

car loans

mortgage loans

Card Providers

Ways to Bank

Verbandssparkasse Goch - Zweckverbandssparkasse der Städte Goch und Kevelaer und der Gemeinde Weeze delivered its products and services through both direct and indirect channels, namely:

branch

online banking

Financials

Total Assets of Verbandssparkasse Goch - Zweckverbandssparkasse der Städte Goch und Kevelaer und der Gemeinde Weeze

Total Assets (2021)

710.94 mln EUR (+1.36%)

Number of Employees (2021)

95 (-6.86%)

Verbandssparkasse Goch - Zweckverbandssparkasse der Städte Goch und Kevelaer und der Gemeinde Weeze was the 831st largest bank in Germany in terms of total assets. In 2021 its total assets were 710,94 mln EUR, providing the bank with the market share of 0.01%. Verbandssparkasse Goch - Zweckverbandssparkasse der Städte Goch und Kevelaer und der Gemeinde Weeze was the 345th largest savings bank (sparkasse) in Germany (out of 370 savings banks (sparkassen)) having market share of 0.05% amongst the banks of this category. Verbandssparkasse Goch - Zweckverbandssparkasse der Städte Goch und Kevelaer und der Gemeinde Weeze had 95 employees in 2021.

Credit Ratings

Fitch: A+

AAA

AA+, AA, AA-

A+, A, A-

BBB+, BBB, BBB-

BB+, BB, BB-

B+, B, B-

CCC, CC, C, RD, D

Moodys: -

Aaa

Aa1, Aa2, Aa3

A1, A2, A3

Baa1, Baa2, Baa3, Baa4

Ba1, Ba2, Ba3

B1, B2, B3

Caa1, Caa2, Caa3, Ca

Verbandssparkasse Goch - Zweckverbandssparkasse der Städte Goch und Kevelaer und der Gemeinde Weeze is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality).

Deposit Guarantee

Guarantee Fund

Institutional Protection Scheme of the Savings Banks Finance Group

Protected Amount

up to 100,000 EUR

Eligible Depositors

individuals
companies

Covered Accounts

all deposit accounts

Verbandssparkasse Goch - Zweckverbandssparkasse der Städte Goch und Kevelaer und der Gemeinde Weeze 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. Verbandssparkasse Goch - Zweckverbandssparkasse der Städte Goch und Kevelaer und der Gemeinde Weeze is a member of Institutional Protection Scheme of the Savings Banks Finance Group and makes its contributions into it.