Banking Relations

Sparkasse Hannover

Banking Relations

Sparkasse Hannover

About the Savings Bank

About the Savings Bank

With 14,890 bn Euro total assets in 2017, Sparkasse Hannover is one of the top ten among the 385 German Savings Banks.

Considering Moody's Corporate Family Rating of Aa2 we belong to the best rated banks in the country.

Savings Banks are institutions governed by public law, which are answerable to their municipalities. The institutions of the Savings Banks Finance Group not only cooperate closely in the market, Savings Banks, Landesbanken and central building societies also support one another by means of a joint liability scheme.

This joint liability scheme is an important factor in the stability of the German banking sector. It secures the continued existence of the institutions and, as a result, protects customer deposits without limit as to amount.

Financial Report

Financial Report

In millions of Euros / Number of 2015 2016 2017
Balance sheet total 13,493 14,103 14,890
Volume of Business 14,379 15,028 15,871
Customer loans 10,457 10,813 11,078
Liabilities to non-banks 10,891 11,303 11,572
Net interest income 256 225 229
Net commission income 79 85 101
Administrative expences 262 231 223
Earnings before valuation (DBS) 110.0
(0.80 %)
(0.65 %)
(0.84 %)
Taxes on income 27 27 41
Net income for the year after taxes 25 20 20
Core capital ratio 11.6 12.6 13.8
Cost-income ratio 69.1 72.4 65.5
Number of employees 2,102 1,925 1,848
Number of employees within the
Sparkasse Hannover Group
2,749 2,548 2,445


Credit Ratings of the Savings Banks Finance Group

The rating agency Moody's, the Canadian rating agency DBRS and Fitch confirm the international competitiveness of the Savings Banks Finance Group. The basis for the good results are:

  • long-established franchise in Germany's retail banking market
  • stable profitability and funding structure as well as sound capitalisation
  • sound diversification of risks within the Group using fully developed risk management instruments
  • the "Sparkasse" trade name
  • the high level of co-operation within the Savings Banks Finance Group.

All ratings fully apply to Sparkasse Hannover as member of the Savings Banks Finance Group.

Please find the credit ratings of the Savings Banks Finance Group via the following link.

Standard Settlement Instructions

Our Standard Settlement Instructions


Anti-Money Laundering / Compliance

Sparkasse Hannover is supervised by the German Federal Financial Supervisory Authority (BaFin). All our policies, procedures and controls are in accordance with FATF standards.

Our understanding of compliance (german information)

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