Volksbank eG (Sangerhausen) (Germany)

Address

Göpenstraße 35, 06526, Sangerhausen, Germany

BIC

GENODEF1SGH

Overview

Business Focus

cooperative retail banking

Volksbank eG (Sangerhausen) is a cooperative bank owned by its members via shares.Volksbank eG (Sangerhausen) provides retail banking products and services to its customersfocusing on customer requirements and development of local economy, paying special attention tosmall and medium-sized enterprises (SMEs).

Performance

In 2023, Volksbank eG (Sangerhausen) achieved the position of 990th largest bank in Germany with a market share of 0.00%; its total assets grew by 0.06%.

Deposit Protection

Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Volksbank eG (Sangerhausen).

Market Share (#990 in Germany)

Market Share of Volksbank eG (Sangerhausen)

Ratios

L/D

30.80%

Services

retail banking

business banking

insurance

Clients

natural persons

small- and medium-sized enterprises

companies

Products

current accounts

debit cards

credit cards

savings accounts

time deposit accounts

pension plans

consumer loans

car loans

mortgage loans

trading accounts

Card Providers

International Transfers

SWIFT Transfers

SEPA Credit Transfers

SEPA Instant Transfers

SEPA Direct Debits

SEPA Direct Debits B2B

Ways to Bank

Volksbank eG (Sangerhausen) delivers its products and services through both direct and indirect channels, namely:

branch

online banking

mobile app

phone

Financials

Total Assets of Volksbank eG (Sangerhausen)

Total Assets (2023)

185.86 mln EUR (+0.06%)

Volksbank eG (Sangerhausen) is the 990th largest bank in Germany in terms of total assets. In 2023 its total assets were 185,86 mln EUR, providing the bank with the market share of 0.00%. Volksbank eG (Sangerhausen) is the 607th largest cooperative bank in Germany (out of 695 cooperative banks) having market share of 0.02% amongst the banks of this category.

Credit Ratings

Fitch: AA-

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

Volksbank eG (Sangerhausen) is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality).

Deposit Guarantee

Guarantee Fund

BVR Institutssicherung GmbH

Protected Amount

up to 100,000 EUR

Eligible Depositors

individuals
companies

Covered Accounts

all deposit accounts

Volksbank eG (Sangerhausen) 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. Volksbank eG (Sangerhausen) is a member of BVR Institutssicherung GmbH and makes its contributions into it.