The fiscal strength of Sparkasse Bank

The group is present in several countries from the Western Balkans and represents a significant link in the economic connection of regional companies with its banking services.

Sparkasse in Macedonia is one of the 5 largest and most successful banks according to official data on capital and reserves and profit before tax. The graphic display in the text below shows the movement of these parameters in the past 12 years since the 200 LARGEST AND SUCCESSFUL ranks the banks in Macedonia. There is a noticeable growing trend in capital and reserves as well as in pre-tax profit, so if we compare the data from 2022 with those from 2011, we conclude that the bank has increased capital and reserves by as much as 768.36%. In relation to 2021, this percentage is 20.03%. In terms of profit before tax, 2022 Sparkasse marked an increase of 63.31% compared to 2021.

Given that Sparkasse is the 5th largest and 4th most successful bank, its share in the overall banking sector is very significant. In terms of capital and reserves, according to the data for 2022, Sparkasse Bank participates with 11.39% in the total amount, and in terms of the pre-tax profit achieved by all banks, it participates with 10.75%.

Read more data and information about the bank here, and you can see the data about the other banks at this link.