Sparkasse = Savings Bank! - Stadtsparkasse Düsseldorf
Sparkasse = Savings Bank! - Stadtsparkasse Düsseldorf
Sparkasse = Savings Bank! - Stadtsparkasse Düsseldorf
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<strong>Stadtsparkasse</strong> <strong>Düsseldorf</strong><br />
An overview
Agenda<br />
The Structure of the German <strong>Bank</strong>ing Market<br />
<strong>Savings</strong> <strong>Bank</strong>s Finance Group<br />
<strong>Savings</strong> <strong>Bank</strong>s in Germany<br />
About us<br />
2<br />
August 2013
The Structure of the German <strong>Bank</strong>ing Market<br />
„Three Pillar“-System<br />
Credit <strong>Bank</strong>s Credit Institutions under public law Co-operative <strong>Bank</strong>s<br />
<br />
<br />
<br />
Big <strong>Bank</strong>s<br />
Regional <strong>Bank</strong>s<br />
Private <strong>Bank</strong>s<br />
<br />
<br />
<br />
<strong>Savings</strong> <strong>Bank</strong>s<br />
Landesbank Companies<br />
Central Building Societies<br />
<br />
Volksbank Companies<br />
Raiffeisenbank Companies and<br />
their Controlling Institutions<br />
<br />
Foreign <strong>Bank</strong> Subsidiaries<br />
Predominantly stock corporations<br />
Profit distribution/dividends<br />
Predominantly institutions<br />
under public law<br />
Equity capital accumulation<br />
and public welfare/region<br />
Co-operatives<br />
Equity capital accumulation<br />
and payment to members<br />
Funds for the protection of deposits<br />
Funds for the protection of deposits<br />
Institution protection via<br />
protection schemes<br />
Supervised by BaFin (Federal Financial Supervisory Authority), regulated by KWG (German <strong>Bank</strong>ing Act),<br />
contributing to Federal Restructuring Fund<br />
3<br />
August 2013
<strong>Savings</strong> <strong>Bank</strong>s Finance Group<br />
The common basis of the group´s structure ensures the success of its business model<br />
Characteristics<br />
Cooperation within the Group Decentralised Group structure Operational efficiency<br />
Public legal structure Municipal trusteeship Public mandate Regional principle<br />
4<br />
August 2013
Selected members of the <strong>Savings</strong> <strong>Bank</strong>s Finance Group<br />
• One of the largest Finance Groups<br />
worldwide<br />
• Balance sheet total € 3,060bn<br />
• 354,500 employees<br />
• One of the best rated Finance<br />
Groups worldwide<br />
- Moody‘s Group longterm<br />
Rating: Aa2/BFSR C+<br />
- Fitch Floor Rating: A+/F1+<br />
Facts & Figures 2012<br />
• Landesbank Groups are partners<br />
to <strong>Savings</strong> <strong>Bank</strong>s and play a key<br />
role in providing loans and<br />
banking services to larger,<br />
internationally active businesses<br />
• Is the securities company within<br />
the German <strong>Savings</strong> <strong>Bank</strong>s<br />
Finance Group – a central service<br />
provider and center of<br />
competence for asset<br />
management and banking<br />
• The regional building societies<br />
are markt leaders in their<br />
Business in Germany – market<br />
share of 39,2 % in the number of<br />
new home loans and 33,5 % for<br />
existing contracts<br />
• The 11 public primary insurance<br />
groups together represent the<br />
2nd-largest German insurance<br />
Group. Leasing and factoring are<br />
key alternative financing tools for<br />
SMEs<br />
5<br />
August 2013
<strong>Savings</strong> <strong>Bank</strong>s Finance Group<br />
Market Shares: <strong>Savings</strong> <strong>Bank</strong>s & Landesbanken<br />
Market shares by business volume<br />
Balance sheet total<br />
Liabilities to customers<br />
Total<br />
of which savings deposits<br />
Loans to customers<br />
Total<br />
of which<br />
Consumer credit<br />
Corporate loans<br />
Housing loans<br />
Loans to puplic authorities<br />
End 2012 in %<br />
31.2<br />
38.4<br />
50.0<br />
38.3<br />
27.7<br />
42.1<br />
37.8<br />
41.0<br />
Change* in %<br />
-0.4<br />
+0.7<br />
-0.2<br />
-0.2<br />
-1.1<br />
-0.1<br />
+0.3<br />
-0.5<br />
* Changes in 2011<br />
statistically adjusted<br />
Facts & Figures 2012<br />
6<br />
August 2013
<strong>Savings</strong> <strong>Bank</strong>s Finance Group<br />
Joint liability scheme of the <strong>Savings</strong> <strong>Bank</strong>s Finance Group<br />
Deposit guarantee scheme which …<br />
Landesbank<br />
Protection Fund<br />
<strong>Savings</strong> <strong>Bank</strong>s Finance Group<br />
Joint Liability Scheme<br />
11 Regional<br />
<strong>Savings</strong> <strong>Bank</strong>s‘<br />
Protection Fund<br />
Central Building<br />
Society<br />
Protection Fund<br />
protects customer deposits in full – and<br />
thus goes far beyond the guaranteed<br />
amount of 100,000 € currently required<br />
under European legislation<br />
ensures that savings banks will continue to<br />
operate, i.e. that they will discharge all their<br />
obligations and that bank accounts will be<br />
maintained<br />
<strong>Savings</strong> <strong>Bank</strong>s, Landesbanken, Central Building Societies<br />
Please direct detailed questions to:<br />
Dr. Thomas Keidel, Director Financial Market Relations<br />
German <strong>Savings</strong> <strong>Bank</strong>s Association, Berlin<br />
Tel: +49 30 20225-5280, Mail: thomas.keidel@dsgv.de<br />
7<br />
August 2013
<strong>Savings</strong> <strong>Bank</strong>s in Germany<br />
<strong>Savings</strong> <strong>Bank</strong>s<br />
The German savings banks are legally<br />
independent credit institutions, firmly<br />
rooted in their local communities and<br />
closely aligned to citizens‘ needs.<br />
The savings banks do more than extend<br />
loans and offer current accounts - they<br />
are committed to social involvement and<br />
the development of their local business<br />
areas.<br />
<br />
<br />
<br />
<br />
<br />
Characteristics<br />
a business model and a legal form which ensures the supply of<br />
banking services to the wider public<br />
focus on the so-called “regional principle”<br />
strong cooperation within the Group, sustained by a common<br />
trademark and the Joint Liability Scheme<br />
a decentralised structure, Group-wide division of labour and the<br />
generation of economies of scope<br />
“S-CountryDesk” network provides international support to business<br />
customers<br />
A reliable partner for private/business customers,<br />
municipalities and banks worldwide!<br />
8<br />
August 2013
<strong>Savings</strong> <strong>Bank</strong>s in Germany<br />
Regional Principle<br />
• According to German law savings banks are not allowed to open up<br />
subsidiaries abroad, i.e. each savings bank restricts its business activities to<br />
the regions of the respective municipality(ies)!<br />
• <strong>Savings</strong> banks are decentralised institutions: Each savings bank is working<br />
independently in its defined business region.<br />
• Each savings bank decides locally on its respective business policy, product<br />
range and prices.<br />
Think globally, act locally!<br />
9<br />
August 2013
<strong>Savings</strong> <strong>Bank</strong>s in Germany<br />
<strong>Sparkasse</strong> = <strong>Savings</strong> BANK<br />
Key Figures – Market share<br />
423 independent savings banks in Germany<br />
Ownership: municipal trusteeship of local<br />
governments (savings banks are legally and<br />
economically independent units of<br />
municipalities)<br />
Total assets 1,106 bn €<br />
Tier 1 ratio 12.5 %<br />
Total capital ratio 15.9 % as per the<br />
German Ordinance on Solvability<br />
15,295 branch offices (incl. self-service)<br />
25,700 ATMs with cost-free access for all<br />
<strong>Savings</strong> <strong>Bank</strong>s‘ customers<br />
<br />
Around 245,000 employees<br />
Service provider for 50m customers<br />
<br />
<br />
<br />
<br />
<br />
private customers<br />
34 % in private housing construction<br />
loans (total: € 236.9bn)<br />
24 % in consumer credits<br />
(total: € 54.1bn)<br />
39 % in deposits (total: € 799.2bn)<br />
business customers<br />
More than 40 % market share in SME<br />
business. In 2012 alone, € 69.9bn in<br />
loans were extended to SMEs<br />
(total: € 339,1bn)<br />
More than 10,000 start-ups have been<br />
financed<br />
Facts & Figures 2012<br />
10<br />
August 2013
<strong>Savings</strong> <strong>Bank</strong>s in Germany<br />
A „typical“ <strong>Savings</strong> <strong>Bank</strong> & its Business Model<br />
Assets<br />
Loans to private<br />
customers & SMEs<br />
<strong>Savings</strong> <strong>Bank</strong><br />
Liabilities<br />
Deposits from private<br />
customers<br />
Private Customers<br />
Private Accounts, Payments & Money Supply, <strong>Savings</strong>,<br />
Retirement Provision, Personal Loans, Housing Finance,<br />
Private <strong>Bank</strong>ing, Investments etc.<br />
Business Customers<br />
Payments & Money Supply, Business Accounts, Corporate<br />
Loans, Company Start-Up Support, Subsidy Allocation,<br />
Bonds, Asset Management International business etc.<br />
Own investment<br />
and assets<br />
Equity Capital<br />
Municipalities<br />
Municipal Loans, Asset Management, Foundations,<br />
Donations, Culture and Sports Sponsorship, Regional<br />
Support etc.<br />
11<br />
August 2013
<strong>Savings</strong> <strong>Bank</strong>s in Germany<br />
„<strong>Sparkasse</strong>“ stands for …<br />
Public service obligation: To ensure quality financial services and<br />
be a dependable partner to private customers, SMEs/<br />
Corporates and municipalities<br />
Support of common welfare: The Group is the largest non-governmental<br />
sponsor of culture, sports and in the social sector – in 2012, the Group<br />
donated € 495m!<br />
Sustainability: The Group supports 59,000 energy transition projects<br />
and started the „Online Energy and Climate Protection Portal“<br />
<strong>Sparkasse</strong>n. Good for Germany.<br />
12<br />
August 2013
About us<br />
<strong>Stadtsparkasse</strong>. Good for <strong>Düsseldorf</strong>.<br />
Our History<br />
Founded in 1825<br />
<br />
<br />
<br />
1992: acquisition of Migros <strong>Bank</strong><br />
2002: acquisition of <strong>Sparkasse</strong> Monheim am Rhein<br />
2003: founding member of S-CountryDesk, the international network of the<br />
<strong>Savings</strong> <strong>Bank</strong>s Finance Group<br />
Our Ownership<br />
<br />
<br />
<br />
Institution incorporated under public law<br />
Municipal trusteeship of the City of <strong>Düsseldorf</strong><br />
Represented by the Mayor who is also Chairman of our Advisory Board<br />
13<br />
August 2013
About us<br />
<strong>Stadtsparkasse</strong>. Good for <strong>Düsseldorf</strong>.<br />
Our Regional Presence<br />
<br />
<br />
<br />
<br />
<br />
Headquarter: Berliner Allee 33, 40212 <strong>Düsseldorf</strong><br />
71 branches<br />
165 ATMs<br />
2,305 employees<br />
Our business activities are focused on the area of the municipalities of<br />
<strong>Düsseldorf</strong> and Monheim and their surrounding regions.<br />
Our Commitment<br />
<br />
<br />
<br />
We serve all customers in our core region, including support and financing<br />
for business start-ups<br />
We act as a universal bank<br />
We offer tailor-made products and solutions<br />
Facts & Figures 2012<br />
14<br />
August 2013
About us<br />
<strong>Stadtsparkasse</strong>. Good for <strong>Düsseldorf</strong>.<br />
Retail <strong>Bank</strong>ing<br />
<br />
<br />
More than 430,000 customers<br />
With 700,000 current and saving accounts<br />
Corporate <strong>Bank</strong>ing<br />
<br />
<br />
Around 21,000 SMEs<br />
With 42,000 accounts<br />
Market share<br />
Retail and Wholesale <strong>Bank</strong>ing: over 50 %<br />
<br />
<br />
We are the leading bank in <strong>Düsseldorf</strong> and Monheim<br />
With EUR 12.5 bn total assets in 2012, we are one of the top ten among the<br />
423 German savings banks<br />
Facts & Figures 2012<br />
15<br />
August 2013
About us<br />
Figures 2012<br />
Balance Sheet Total<br />
Commission Surplus<br />
Interest Surplus<br />
Operating Expenses<br />
Profit for the Year<br />
Cost-Income Ratio<br />
Core Capital Ratio<br />
End 2012<br />
€ 12,531m<br />
€ 67.5m<br />
€ 249.8m<br />
€ 243.9m<br />
€ 0.5m<br />
Ratios<br />
68 %<br />
11.3 %<br />
Change to previous year<br />
+ € 469m + 3,89 %<br />
+ € 1.9m + 2,90 %<br />
- € 26.6m - 9,62 %<br />
+ € 25m + 11,42 %<br />
- € 14.3m - 96,62%<br />
-<br />
+ 7.0 %<br />
-<br />
+ 2.1 %<br />
Facts & Figures 2012<br />
16<br />
August 2013
About us<br />
Figures 2010-2012<br />
2012<br />
2011<br />
2010<br />
Balance sheet total<br />
€ 12,531,453,000<br />
€ 12,061,525,000<br />
€ 11,677,529,000<br />
Capital<br />
€ 723,797,000<br />
€ 714,962,000<br />
€ 711,811,000<br />
Profit for the year<br />
€ 549,000<br />
€ 14,835,000<br />
€ 12,150,000<br />
Our financial reports are available on the internet:<br />
www.sskduesseldorf.de/bankingrelations<br />
Ratings:<br />
Moody's: LT Corporate Family Rating Aa2<br />
DBRS: Issuer & Senior Long-Term Debt A (high)/Short-Term Instruments R-1 (middle)<br />
Fitch: Long-Term IDR A+ / Short-Term IDR F1+<br />
We belong to the best rated banks in the country!<br />
Facts & Figures 2012<br />
17<br />
August 2013
About us<br />
Information for Financial Institutions<br />
Contents<br />
<br />
<br />
<br />
<br />
About us: incl. profile, legal information, SSI, contact list<br />
Credit Ratings<br />
Financials<br />
Compliance/AML: incl. Wolfsberg Questionnaire, Patriot Act<br />
www.sskduesseldorf.de/bankingrelations<br />
18<br />
August 2013
About us<br />
Core Business – Product Range of a Universal <strong>Bank</strong><br />
Payments<br />
& Money Supply<br />
Asset<br />
Management<br />
Capital Market<br />
Products<br />
Private Equity<br />
CUSTOMER<br />
Financing &<br />
Lending<br />
Deposit-Taking<br />
International<br />
Business<br />
Venture Capital<br />
Securities<br />
Business<br />
CUSTOMERS<br />
19<br />
August 2013
About us<br />
Our International Business – Products and Services<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
Payment services including SEPA transactions<br />
Foreign currency accounts<br />
Cash Management solutions<br />
Trade Finance business: Documentary collections, guarantees/bonds, letters of credit<br />
(incl. confirmation, discounting/forfaiting/post financing, financing of EBRD + IFCcovered<br />
transactions), financing of ECA-covered receivables and buyer’s credits<br />
Treasury services: FX, MM, SWAPS, Derivatives (currency, interest, commodities), foreign<br />
currency loans + deposits<br />
Correspondent <strong>Bank</strong>ing services<br />
S-CountryDesk: Comprehensive support for business customers who are building up or<br />
extending cross-border activities<br />
20<br />
August 2013
About us<br />
The International Network of the <strong>Savings</strong> <strong>Bank</strong>s Finance Group<br />
Landesbanken German Centres Deutsche Leasing +<br />
Deutsche Factoring <strong>Bank</strong><br />
Business<br />
Customer<br />
CUSTOMER<br />
<strong>Stadtsparkasse</strong><br />
<strong>Düsseldorf</strong><br />
<strong>Bank</strong>ing Partners<br />
Service Partners (e.g. Tax/Legal<br />
Advisors, Chambers of Commerce)<br />
EuropaService<br />
21<br />
August 2013
About us<br />
The International Network of the <strong>Savings</strong> <strong>Bank</strong>s Finance Group<br />
<br />
<br />
<br />
<br />
Offers savings banks and their customers the chance<br />
to profit from the infrastructure, products, local<br />
expertise and excellent trained staff of the<br />
international partner banks and service providers<br />
Focus on comprehensive support for building up or<br />
extending cross-border activities of our customers<br />
Continual personal support on the spot by our<br />
selected partners<br />
Examples for services: Up-to-date information on the<br />
target market, Start-up assistance, search for<br />
cooperation partners, worldwide account opening,<br />
international financing solutions, incl. leasing<br />
- www.countrydesk.de<br />
22<br />
August 2013
About us<br />
Contact Details – International Business<br />
Andrea Kühn<br />
Head of International <strong>Bank</strong>ing Relations &<br />
Documentary Business<br />
Marion Wiegmann<br />
Senior Manager<br />
International <strong>Bank</strong>ing Relations<br />
Berliner Allee 33 · 40212 <strong>Düsseldorf</strong><br />
Phone: +49 211 878 2399 · Fax: 0211 878-993901<br />
Mail: andrea.kuehn@sskduesseldorf.de<br />
www.sskduesseldorf.de<br />
Berliner Allee 33 · 40212 <strong>Düsseldorf</strong><br />
Phone: +49 211 878 2255 · Fax: +49 211 878 3525<br />
Mail: marion.wiegmann@sskduesseldorf.de<br />
www.sskduesseldorf.de<br />
23<br />
August 2013