Bank Index

Sparda-Bank München eG

Bank · München, Germany · overall 5.2 / 10

Open in Bank Index

How this 5.2 is built

Average of 6 scored needs: 5.2. Regulation in Germany: 94/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. Scores set by its kind of institution.

Sparda-Bank München eingetragene Genossenschaft is recorded in the global register as a bank in München, Germany. The register names European Central Bank, list of monetary financial institutions as its regulator and shows the licence as licensed. Established 2002. Collected from open registers. We have not checked this company by hand yet.

On its own website: “Als erste Gemeinwohl-Bank Deutschlands setzt die Sparda-Bank München auf Mitbestimmung und Transparenz – für ihre Mitglieder, für die Region.”

Legal name
Sparda-Bank München eingetragene Genossenschaft
Regulated by
European Central Bank, list of monetary financial institutions
Licence confirmed
yes, on a regulator's own list
Established
2002
LEI
529900HB5JPSXLWJO138
Website
www.sparda-m.de/startseite.html

Scores, 0 to 10

6.0Europe (EU, EEA, Switzerland)
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source
6.0Financial strength & stability
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.5Cross-border payments, FX and multi-currency accounts
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Lowest fees
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Best interest on business balances
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Trade, manufacturing & import-export
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
4.5Fast digital onboarding
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.