Germany · Credit institution

Stadtsparkasse Muenchen

Stadtsparkasse München is a savings bank incorporated as a public-law institution (Anstalt des öffentlichen Rechts), with its seat in Munich. According to the bank's AML questionnaire, the City of Munich holds 100%. It provides retail, private, corporate and mortgage banking in Munich and is a member of the Sparkassen-Finanzgruppe. It was founded in 1824 and describes itself as the largest savings bank in Bavaria and the fourth-largest in Germany.

BICSSKMDEMMXXX LEI529900P7CWBZI0062C32 Licence no.Not on a tracked register Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under SSKMDEMM directly. Head-office BIC only Claim this profile

Licences and registrations

Matched by LEI on the 22 tracked registers

None matched by LEI in the 22 tracked registers. It is on the ECB list of supervised entities (see Regulatory status): that is banking supervision, not a licence on a tracked register.

  • The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.

Regulatory status

ECB banking supervision

List of supervised entities as of 2026-07-01

Classification
Less significant institution
Supervisor
Bundesanstalt für Finanzdienstleistungsaufsicht / Deutsche Bundesbank (with ECB oversight)
Listed as
Stadtsparkasse München
Entity type
Credit institution
Remarks
HI: supervised entities which are classified as high-impact LSIs.

European registers

ECB · monetary financial institutions

List as at 2026-09-25

Category
Credit institution
Minimum reserves
Subject to minimum reserves
Listed as
Stadtsparkasse München
RIAD code
DE00561

ESMA · MiFID II register

Register as at 2026-09-28

EntryCompetent authorityAuthorisedServices or instruments
Investment services (MiFID II) Federal Financial Supervisory Authority (BaFin) 1961-07-10 A1 A2 A3 A4 A5 A6 A7

Service codes follow MiFID II Annex I: A for investment services, B for ancillary services. Hover a code for its meaning.

Entries are matched on the LEI. Each register is quoted as its publisher lists it.

Swift network

Swift’s ISO 9362 BIC directory

BIC
SSKMDEMMXXX head office
Connection to Swift
Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under SSKMDEMM directly.
Swift GPI
Not on the member list
Branch codes
None: head-office BIC only
BIC first registered
1980-04-07
Last updated
2022-09-03

Overview

Researched 29 Sep 2026 · Sources

Stadtsparkasse München, Múnich, Alemania01
Photo: Diego Delso · CC BY-SA 3.0 · Wikimedia Commons · original

Total assets

EUR 24bn

This entity · 31 Dec 2025 · source ↗

Employees

2,376

headcount · This entity · 31 Dec 2025 · source ↗

Ownership

State-owned

100% Landeshauptstadt München (City of Munich)

Institution type

Savings bank

Ownership
According to the bank's AML questionnaire, the City of Munich holds 100% as its municipal owner (Träger).
Direct parent
Landeshauptstadt München (City of Munich), Germany 100%
Major shareholder
City of Munich (Landeshauptstadt München) 100% · 10 Jun 2026
Head office
Sparkassenstraße 2, 80331 München, Germany
Company register
HRA 75459, Amtsgericht München

Business lines

  • Retail banking
  • Mortgage lending
  • SME banking
  • Corporate banking
  • Private banking & wealth
  • Transaction banking & payments
  • Cards
  • Brokerage
  • Trade finance

The bank serves private, business and corporate customers in Munich through its branch network. Its international business for corporate clients runs through S-International Bayern Süd, set up with two other Bavarian savings banks.

Online

Websites & references
sskm.de ↗
presse.sskm.de ↗ press room
Wikidata Q1438593 ↗
Official social accounts
LinkedIn ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗ · XING ↗
Sources · 11 pages consulted
  1. sskm.de/de/home/toolbar/impressum.html
  2. sskm.de/de/home/ihre-sparkasse/unternehmensprofil.html
  3. sskm.de/de/home/ihre-sparkasse/unternehmensprofil/about-us.html
  4. sskm.de/content/dam/myif/sskm/work/dokumente/pdf/sskm/aml-policy-stadtsparkasse-muenchen.pdf
  5. presse.sskm.de/pressreleases/stabil-und-innovativ-stadtsparkasse-muenchen-entwickelt-sich-2025-weiter-34
  6. presse.sskm.de/pressreleases/oberbuergermeister-dominik-krause-uebernimmt-vorsitz-im-verwaltungsrat-der-
  7. presse.sskm.de/pressreleases/bernd-hochberger-uebernimmt-vorstandsvorsitz-der-stadtsparkasse-muenchen-33
  8. presse.sskm.de/pressreleases/sparkassenchef-ralf-fleischer-scheidet-aus-gesundheitlichen-gruenden-aus-33
  9. sskm.de/de/home/ihre-sparkasse/investor-relations.html
  10. sskm.de
  11. stadt.muenchen.de/infos/oberbuergermeister.html

Leadership

Researched 29 Sep 2026 · Sources

Chief executive
Dr. Bernd Hochberger Vorsitzender des Vorstands (Chairman of the Board of Management) Confirmed 29 Sep 2026 · sskm.de ↗
Chair
Dominik Krause Vorsitzender des Verwaltungsrats (Chair of the Supervisory Board), Lord Mayor of Munich Confirmed 29 Sep 2026 · sskm.de ↗
Executive
Stefan Hattenkofer Stellvertretender Vorstandsvorsitzender (Deputy Chairman of the Board of Management) Confirmed 29 Sep 2026 · sskm.de ↗
Executive
Sabine Schölzel Mitglied des Vorstands (Member of the Board of Management) Confirmed 29 Sep 2026 · sskm.de ↗

Supervisors & regulators

Researched 29 Sep 2026 · Sources

Germany
Federal Financial Supervisory Authority (BaFin) Prudential supervisorAML supervisorConductResolution
Germany
Deutsche Bundesbank Central bankPrudential supervisor

Recent events

Researched 29 Sep 2026 · Sources

  1. Leadership

    Lord Mayor Dominik Krause took over as chair of the bank's supervisory board, as the Bavarian Savings Banks Act requires.

    presse.sskm.de ↗
  2. Leadership

    Jan Mersmann joined the Board of Management on 16 June 2025. He came from Sparkasse Münsterland Ost.

    presse.sskm.de ↗
  3. Leadership

    Dr. Bernd Hochberger became chairman of the Board of Management on 1 May 2025. Stefan Hattenkofer became deputy chairman on the same date.

    presse.sskm.de ↗
  4. Leadership

    The bank announced that chairman Ralf Fleischer, in office since January 2014, would leave for health reasons.

    presse.sskm.de ↗

Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.

Identifiers

Head-office record

BIC
SSKMDEMMXXX
How the BIC breaks down
  1. SSKMBank
  2. DECountry · Germany
  3. MMLocation
  4. XXXBranch · head office
Branch description
Not recorded in the directory
LEI
529900P7CWBZI0062C32
LEI record
View on GLEIF ↗
How the LEI was matched
BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
National bank code
Bankleitzahl 70150000

Profile

Type
Credit institutionListed as a credit institution, or a branch of one, on the ECB’s list of supervised entities, or named as a bank on the Financial Stability Board’s G-SIB list, directly or as a G-SIB’s main operating bank. These are the only bank lists the directory tracks so far.
Regulation
Prudentially supervised (ECB list)Prudentially supervised, according to the ECB list of supervised entities (as at 2026-07-01). This is banking supervision, not a licence on a tracked register.
Register licences
None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Country · region
Germany · Europe & Central Asia
Trading venues (MIC)
No MIC registered under this LEI list of 2026-09-17
OFAC sanctions
No listing cites this BIC
EU sanctions
No listing matched this BIC or its LEI
Country sanctions
No country programme
Founded
1824

Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.

Ownership and group

GLEIF relationship records

GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.

Addresses

Registered address
2 SPARKASSENSTRASSE MUENCHEN 80331 GERMANY
Operational address
UNGERERSTRASSE 75 MUENCHEN 80805 MUENCHEN GERMANY

ISO 20022 identification

As an agent in a Swift cross-border payment message (CBPR+)

A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.

Identified by
BIC, with its LEI and its DEBLZ clearing code
Roles in CBPR+
Any agent, including the instructing and instructed agents

CBPR+

For cross-border payments on Swift: the BIC, with the LEI and clearing code where known

<FinInstnId>
  <BICFI>SSKMDEMMXXX</BICFI>
  <ClrSysMmbId>
    <ClrSysId>
      <Cd>DEBLZ</Cd>
    </ClrSysId>
    <MmbId>70150000</MmbId>
  </ClrSysMmbId>
  <LEI>529900P7CWBZI0062C32</LEI>
</FinInstnId>

Full record

Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC

<FinInstnId>
  <BICFI>SSKMDEMMXXX</BICFI>
  <ClrSysMmbId>
    <ClrSysId>
      <Cd>DEBLZ</Cd>
    </ClrSysId>
    <MmbId>70150000</MmbId>
  </ClrSysMmbId>
  <LEI>529900P7CWBZI0062C32</LEI>
  <Nm>STADTSPARKASSE MUENCHEN</Nm>
  <PstlAdr>
    <TwnNm>MUENCHEN</TwnNm>
    <Ctry>DE</Ctry>
    <AdrLine>2 SPARKASSENSTRASSE MUENCHEN 80331</AdrLine>
  </PstlAdr>
</FinInstnId>

The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.

Payment schemes and systems

EPC registers of 2026-09-11 · ECB T2 list of 2026-07-02 · ECB TIPS list of 2026-09-01 · SIX Bank Master valid on 2026-09-28

Scheme or systemSinceRegistered withNote
SEPA Credit TransferISO 20022 messages 2008-01-28 Head office —
SEPA Instant Credit TransferISO 20022 messages 2018-07-10 Head office —
SEPA Direct Debit CoreISO 20022 messages 2010-11-01 Head office —
SEPA Direct Debit Business-to-BusinessISO 20022 messages 2010-11-01 Head office —
Verification of Payee 2025-10-05 Head office —
TIPS (TARGET Instant Payment Settlement)ISO 20022 messages — Head office —

SEPA dates are when the institution became ready for the scheme. TIPS entries have no joining date.

An institution missing from T2 may still be reachable through an indirect participant. The ECB’s TIPS list does not separate participants from reachable parties. It includes institutions reachable in Swedish kronor as well as in euro.

“ISO 20022 messages” marks a scheme or system whose rulebook or operator specifies ISO 20022 for messages between participants.

National bank codes

Bankleitzahl · Germany

1 code valid until 2026-12-06 · ISO 20022 clearing system code DEBLZ

CodeRoutes to BICName in the national fileCity
70150000 SSKMDEMMXXX Stadtsparkasse München München

Each code shows the name in the national file. Smaller banks often route through a central institution’s BIC. A code can therefore belong to a different bank than the one on this page.

Claim this profile

Work at Stadtsparkasse Muenchen?

Claim this page to have it marked as verified by the bank, and to send us corrections. We verify every claim before anything changes on the page.

  1. 01Submit Tell us who you are, using your work email.
  2. 02We verify We check the email domain and confirm your role with the bank. This usually takes up to five business days.
  3. 03Profile claimed The page is marked as claimed and verified. You can send us corrections at any time.

Claim received

Thank you. We will email your work address once the claim is verified. Until then, the page stays unclaimed.

Sources & method

Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.

Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.

The sanctions facts on this page cover the BIC and its LEI only.

An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.

Read the methodology →

Credits for this page

  • Payment schemes and systems—Source: European Payments Council (EPC) Registers of Participants; matched to BICs by Elucidate. Source: European Central Bank, List of TIPS participants and reachable parties.
  • Banking supervision—Source: European Central Bank, list of supervised entities.
  • Wikidata—CC0, matched on the BIC or LEI recorded in Wikidata. It is community-edited, so check key facts.
  • National bank codes—Germany (Quelle: Deutsche Bundesbank).
  • Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
  • European registers—Source: European Central Bank (ECB), list of monetary financial institutions and list of institutions subject to minimum reserves. Source: European Securities and Markets Authority (ESMA), MiFID II/MiFIR register (investment firms, trading venues, systematic internalisers, data reporting services providers). Matched on LEI by Elucidate.
  • Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: sskm.de (official website) · original.

Assess the financial crime risk behind a BIC

A BIC identifies an institution; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.

Book a demo