Hamburger Sparkasse AG is the largest savings bank in Germany with a balance sheet total of more than Euro 42 billion, 5,000 employees and 350 apprentice positions.
In the economic area of Hamburg, which has approximately 3 million inhabitants, Haspa is the market leader in respect of retail banking and corporate business with small and medium-sized enterprises. For about 50 % of the people living in Hamburg it is the main bank.
Haspa has an equity capital structure of some Euro 3,2 billion at December 31, 2015 which is well above the relevant statutory requirements and represents a major security factor, particularly in view of the fact that it mainly consists of the bank's core capital (Tier I). This in itself is an important foundation for the long-term existence of our Bank.
|Balance sheet total||Euro million||38,575||39,573||40,521||41,947||42,639|
|Equity capital||Euro Million||1,597||2,613||2,663||3,163||3,218|
The rating agency Moody´s assigns an Aaa-rating to Haspa´s mortgage bonds. This excellent rating is based on the high quality of the premium reserve stock.
Moody’s has assigned a corporate family rating (CFR) of Aa2 to all member banks of Sparkassen-Finanzgruppe. This includes Hamburger Sparkasse AG. For more details in both English and German please follow this link: http://www.sparkasse.de/s_finanzgruppe/financial-market-relations/rating.html
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