Wiener Neustädter Sparkasse shines: record profits and strong investments!

Wiener Neustädter Sparkasse shines: record profits and strong investments!

Wiener Neustadt, Österreich - The Wiener Neustädter Sparkasse can look back on an extremely successful financial year 2024. In an economically challenging environment, the bank not only consolidated its position, but also improved important key figures. According to meinzirk.at emphasize that the economic success is used to strengthen the equity, financing investments in the region and supporting non-profit initiatives.

Finances speak a clear language: the balance sheet total rose to impressive 1.860 billion euros, which corresponds to an increase of 158 million euros and thus an increase of 18.2% since 2020. The operating result amounts to 25.8 million euros, while equity has grown to 174 million euros - a net profit of 19.2 million euros means an increase of 12.33% compared to the previous year.

overview of financial indicators 2024

with a total capital rate of 31.50%, which is well above the statutory minimum value of 8%, and an equally high core capital ratio, the Wiener Neustädter Sparkasse shows a very strong capital equipment and an excellent liquidity position. The customer deposits of 1.6 billion euros, including 958.5 million euros in savings deposits, also illustrate the trust of the customers in the bank.

commitment to the region

The Sparkasse's commitment to society is also important: The business model enables the return of profits to the region, especially through the support of numerous clubs and initiatives in areas such as social affairs, environment, education, sport and culture. Since 2014, an average of EUR 375,000 has been flowing into projects annually that promote the common good. This once again shows that common good thinking is a central point of savings bank policy, which is emphasized by im-gring-der-desellschaft.de.

The institute that has existed since 1860 has always developed over the years and is now an important institution in the region. The savings banks work on a special principle that is characterized by regional anchoring and a public mandate. This not only strengthens the trust of the customers: inside, but also creates a basis for sustainable management and social responsibility.

In a year that brought many challenges, the Vienna Neustädter Sparkasse shows that it has set a clear course for success with a clear course and at the same time remains a backing for the region, which is also reflected in the 2023 balance sheet, which already has an operating result of 27.3 million euros and offers a solid basis for growth. So the Sparkasse remains a reliable partner for 63,000: inside - a number that grows steadily.

with a strong team of 222 employees: inside who are personally at the side of the advice and modern digital solutions such as George for electronic banking, the Vienna Neustädter Sparkasse is well positioned for the requirements of the future. And in line with your corporate philosophy, the endeavor is not only financially stable, but also to make a positive contribution to the quality of life in the region.