History / Structure
Sparkasse Essen, the Essen savings bank, was founded in November 1840 and opened for business in 1841.
Sparkasse Essen is an institution under public law. Its legal basis are the North Rhine-Westphalian Savings Bank Act and the statutes laid down by its Supervisory Board. Its governing bodies are the Supervisory Board and the Board of Management.
Operating more than 40 branches and four corporate banking centers, Sparkassen Essen has the most densely knit network for financial services and financial advice in Essen. We have no foreign branches or subsidiaries.
Board of Management
Contact
Contact details, internet access and the opening hours of Sparkasse Essen and their international business service partner S-International Rhein-Ruhr.
Sparkasse EssenIII. Hagen 43 |
S-International Rhein-Ruhr GmbHKennedyplatz 645127 Essen Tel +49 201 82144-0 Fax +49 201 82144-19 E-Mail: info@si-rr.de www.si-rr.de |
| Opening hours of Sparkasse Essen: Monday and Thursday 9.00am to 6.00pm Tuesday, Wednesday and Friday 9.00am to 4.00pm |
Opening hours of S-International Rhein Ruhr: Monday to Thursday 8.30am to 6.00pm Friday 8.30am to 4.30pm |
In its capacity as a savings bank, Sparkasse Essen offers a full range of banking services. Sparkasse Essen is the leading provider of retail banking and corporate banking services in Essen. Total assets of more than EUR 9,4 billion make Sparkasse Essen the eighth biggest savings bank in North Rhine-Westphalia and place it among the top thirty savings banks in the nationwide savings banks rankings published by DSGV, the German Savings Banks Association.
| 2021 | 2020 | 2019 | 2018 | 2017 | |
| Balance Sheet Total (€m) | 9,436 | 9,124 | 8,587 | 8,336 | 8,161 |
| Tier One Capital (€m) | 499 | 488 | 488 | 479 | 470 |
| NetResult (€m) |
5.5 | 5 | 11 | 11 | 12 |
| Return on Equity (%) |
1.1 | 1.0 | 2.2 | 2.4 | 2.5 |
| Cost / Income Ratio (%) |
72.60 | 70.71 | 68.20 | 68.94 | 68.83 |
| Employees |
1,243 | 1,291 | 1,300 | 1,354 | 1,424 |
Moody`s and DBRS Rating of German Savings Banks
The Savings Banks Finance Group has been assigned a Corporate Family Rating of Aa2 from Moody’s Investors Service and a Floor Rating of A (high) from DBRS for all members of its joint liability scheme - in particular for the savings banks, Landesbanken and central building societies.
Moody’s Corporate Family Rating represents a financial strength assessment of the entire Savings Banks Finance Group. In the case of individual institution ratings, the assessment cannot fall more than two notches below the Corporate Family Rating.
DBRS’ Floor Rating signifies a creditworthiness of all Group members of at least A (high). No member of the Savings Banks Finance Group’s joint liability scheme can fall below this assessment level.
For more details please see the explanations provided by DSGV, the German Savings Banks Association.