|
Report No. : |
346062 |
|
Report Date : |
28.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
SPARKASSE RHEIN-NAHE |
|
|
|
|
Registered Office : |
Kornmarkt 5 D 55543 Bad Kreuznach |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
1900 |
|
|
|
|
Com. Reg. No.: |
HRA 3085 |
|
|
|
|
Legal Form : |
Statutory body |
|
|
|
|
Line of Business : |
Credit institutions including
branches of foreign banks. [Note: We tried to confirm /
obtain the detailed activity but the same is not available from any sources] |
|
|
|
|
No. of Employee : |
722 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
GERMANY ECONOMIC OVERVIEW
The German economy - the fifth largest economy in the world in PPP terms and Europe's largest - is a leading exporter of machinery, vehicles, chemicals, and household equipment and benefits from a highly skilled labor force. Like its Western European neighbors, Germany faces significant demographic challenges to sustained long-term growth. Low fertility rates and declining net immigration are increasing pressure on the country's social welfare system and necessitate structural reforms. Reforms launched by the government of Chancellor Gerhard SCHROEDER (1998-2005), deemed necessary to address chronically high unemployment and low average growth, contributed to strong growth and falling unemployment. These advances, as well as a government subsidized, reduced working hour scheme, help explain the relatively modest increase in unemployment during the 2008-09 recession - the deepest since World War II - and its decrease to 5.2% in 2014. The new German government introduced a minimum wage of about $11.60 (8.50 euros) per hour to take effect in 2015. Stimulus and stabilization efforts initiated in 2008 and 2009 and tax cuts introduced in Chancellor Angela MERKEL's second term increased Germany's total budget deficit - including federal, state, and municipal - to 4.1% in 2010, but slower spending and higher tax revenues reduced the deficit to 0.8% in 2011 and in 2012 Germany reached a budget surplus of 0.1%. The budget was essentially in balance in 2014. A constitutional amendment approved in 2009 limits the federal government to structural deficits of no more than 0.35% of GDP per annum as of 2016 though the target was already reached in 2012. The German economy suffers from low levels of investment, and a government plan to invest 15 billion euros 2016-18, largely in infrastructure, is intended to spur needed private investment. Following the March 2011 Fukushima nuclear disaster, Chancellor Angela MERKEL announced in May 2011 that eight of the country's 17 nuclear reactors would be shut down immediately and the remaining plants would close by 2022. Germany plans to replace nuclear power with renewable energy, which accounted for 27.8% of gross electricity consumption in 2014, up from 9% in 2000. Before the shutdown of the eight reactors, Germany relied on nuclear power for 23% of its electricity generating capacity and 46% of its base-load electricity production. Extremely low inflation, caused largely by low global energy prices and a weak euro, are expected to boost German GDP growth in 2015.
|
Source
: CIA |
SPARKASSE
RHEIN-NAHE
Company Status: active
Kornmarkt 5
D
55543 Bad Kreuznach
Post Box:
2654, D 55515 Bad Kreuznach
Telephone:0671/940
Telefax: 0671/9415555
Homepage: www.sparkasse-rhein-nahe.de
E-mail: info@sk-rhein-nahe.de
VAT no.: DE152743592
Business relations are
permissible.
LEGAL FORM Statutory body
Date of foundation: 1900
Registered on: 19.06.2000
Register of
companies: Local
court 55543 Bad Kreuznach
under: HRA
3085
General partner:
Stadt
Bad Kreuznach
Hochstr. 48
D
55545 Bad Kreuznach
Legal form: Body corporate under
public law
General partner:
Kreisverwaltung Mainz-Bingen
Georg-Rückert-Str. 11
D
55218 Ingelheim
Legal
form: Other legal form
General partner:
Landkreis Bad Kreuznach
D
55543 Bad Kreuznach
Legal
form: Other legal form
President of the Board of
Directors:
Peter
Scholten
D 55543 Bad Kreuznach
Vice-president of the Board
of Directors:
Andreas Peters
D
55543 Bad Kreuznach
born:
11.03.1960
Member of the Board of
Directors:
Steffen Peter Karl Rosskopf
D
55271 Stadecken-Elsheim
born:
07.04.1964
President of the
Administrative Board:
Claus
Schick
D
55270 Jugenheim
Profession: Administrative head of a
district
Vice-chairman of the board
of administration:
Dr.
Heike Kaster Meurer
Elbinger Str. 23
D
55543 Bad Kreuznach
née:
Kaster
Marital status: married
Vice-chairman of the board
of administration:
Franz-Josef Diel
D
55543 Bad Kreuznach
Profession: Administrative head of a
district
Marital status: married
Member of the
Administrative Board:
Carsten Pörksen
Forstmeister-Gräff-Str. 8
D
55543 Bad Kreuznach
born: 18.07.1944
Member of the
Administrative Board:
Gerlinde Huppert-Pilarski
D
55450 Langenlonsheim
born:
06.05.1960
Member of the
Administrative Board:
Erwin
Malkmus
Im
Wiesbein 4
D
55268 Nieder-Olm
Member of the
Administrative Board:
Hans
Dirk Nies
D
55543 Bad Kreuznach
Member of the
Administrative Board:
Ralph Spiegler
D
55268 Nieder-Olm
Profession: Mayor
Marital status: unknown
Member of the
Administrative Board:
Thomas
Feser
Kornmarkt 5
D 55543 Bad Kreuznach
Marital status: unknown
Member of the
Administrative Board:
Rolf
Kehl
Kornmarkt 5
D
55543 Bad Kreuznach
Marital
status: unknown
Member of the
Administrative Board:
Denis
Alt
Beindestr.
D
55569 Monzingen
born:
20.10.1980
Member of the
Administrative Board:
Bettina Dickes
Korczakstr. 12a
D
55566 Bad Sobernheim
born:
10.04.1971
Member of the
Administrative Board:
Silke
Dierks
D
55543 Bad Kreuznach
Member of the
Administrative Board:
Joachim Gerhard
D
55543 Bad Kreuznach
Member of the
Administrative Board:
Franz-Josef Jost
D
55543 Bad Kreuznach
Member of the
Administrative Board:
Werner
Müller
D
55606 Kirn
Further functions/participations of Stadt Bad
Kreuznach (General
partner)
Shareholder:
Gesellschaft für Beteiligungen und Parken in
Bad
Kreuznach mbH
Kilianstr. 9
D
55543 Bad Kreuznach
Post
Box:
26 62
Legal
form: Private limited company
Share capital: EUR
20,000,000.00
Share: EUR 20,000,000.00
Registered
on: 30.07.2009
Reg.
data: 55543 Bad Kreuznach, HRB 20793
Shareholder:
Gesundheit und Tourismus für Bad Kreuznach
GmbH
Kurhausstr. 22-24
D
55543 Bad Kreuznach
Legal
form: Private limited company
Share
capital: EUR 660,000.00
Share: EUR 660,000.00
Registered
on: 08.04.1998
Reg.
data: 55543 Bad Kreuznach, HRB 3749
Shareholder:
Stadtwerke GmbH Bad Kreuznach
Kilianstr. 9
D
55543 Bad Kreuznach
Post
Box:
26 62
Legal form: Private limited company
Share
capital: EUR 26,900,000.00
Share: EUR 127,850.00
Registered
on: 03.10.1977
Reg. data: 55543 Bad Kreuznach, HRB 1015
Shareholder:
KISS
Kreuznacher Initiative: Schafft Stellen
GmbH
Kallenfelser Str. 6
D
55606 Kirn
Legal form: Private limited company
Share
capital: EUR 25,570.00
Share: EUR 6,392.50
Registered
on: 26.06.1997
Reg.
data: 55543 Bad Kreuznach, HRB 3646
Shareholder:
Naheland-Touristik GmbH
Bahnhofstr. 37
D
55606 Kirn
Legal
form: Private limited company
Share capital: EUR 154,300.00
Share: EUR 2,600.00
Registered
on: 27.03.1991
Reg.
data: 55543 Bad Kreuznach, HRB 2733
Shareholder:
Wirtschaftsförderung Landkreis Bad Kreuznach
Unternehmergesellschaft (haftungsbeschränkt)
Salinenstr. 47
D
55543 Bad Kreuznach
Legal form: Entrepreneur Company
(limited
liability)
Share
capital: EUR 4,400.00
Share: EUR 100.00
Registered
on: 14.02.2012
Reg.
data: 55543 Bad Kreuznach, HRB 21324
Shareholder:
ACURA
KLINIKEN Rheinland-Pfalz AG
Kaiser-Wilhelm-Str. 9-11
D 55543 Bad Kreuznach
Legal
form: Public limited company
Share
capital: EUR 3,545,600.00
Share: 23.540 %
Registered
on: 18.07.1971
Reg.
data: 55543 Bad Kreuznach, HRB 1049
Further functions/participations of
Kreisverwaltung Mainz-Bingen
(General partner)
Shareholder:
WFB
Fertigung & Service -Werkstätten für
behinderte Menschen Mainz
gemeinnützige GmbH
(WFB)
Carl-Zeiss-Str. 2
D
55129 Mainz
Legal
form: Private limited company
Share
capital: EUR
1,000,000.00
Share: EUR 164,000.00
Registered
on: 14.07.1967
Reg.
data: 55116 Mainz, HRB 415
Further functions/participations of Landkreis
Bad Kreuznach
(General partner)
Shareholder:
Naheland-Touristik GmbH
Bahnhofstr. 37
D
55606 Kirn
Legal
form: Private limited company
Share capital: EUR 154,300.00
Share: EUR 51,150.00
Registered
on: 27.03.1991
Reg.
data: 55543 Bad Kreuznach, HRB 2733
Shareholder:
Gewobau Gemeinnützige
Wohnungsbaugesellschaft mit beschränkter
Haftung
Salinenstr. 78
D
55543 Bad Kreuznach
Post
Box:
15 38
Legal
form: Private limited company
Share
capital: EUR 965,250.00
Share: EUR 37,440.00
Registered
on: 01.01.1952
Reg.
data: 55543 Bad Kreuznach, HRB 1033
Shareholder:
Wirtschaftsförderung Landkreis Bad Kreuznach
Unternehmergesellschaft (haftungsbeschränkt)
Salinenstr. 47
D
55543 Bad Kreuznach
Legal
form: Entrepreneur Company (limited
liability)
Share
capital: EUR 4,400.00
Share: EUR 1,000.00
Registered
on: 14.02.2012
Reg.
data: 55543 Bad Kreuznach, HRB 21324
Further functions/participations of Peter
Scholten (President of
the Board of Directors)
Manager:
Strukturentwicklungsgesellschaft der
Sparkasse Rhein-Nahe mbH
Kornmarkt 5
D
55543 Bad Kreuznach
Legal
form: Private limited company
Share
capital: EUR 1,300,000.00
Registered
on: 14.04.2000
Reg.
data: 55543 Bad Kreuznach, HRB 4092
Member of the Supervisory
Board:
Provinzial Rheinland Versicherung AG Die
Versicherung der Sparkassen
Provinzialplatz 1
D
40591 Düsseldorf
Legal
form: Public limited company
Share
capital: EUR 100,000,000.00
Registered
on: 06.09.2001
Reg.
data: 40227 Düsseldorf, HRB 41241
Member of the Supervisory
Board:
Provinzial Rheinland Lebensversicherung AG
Die
Versicherung der Sparkassen
Provinzialplatz 1
D
40591 Düsseldorf
Legal form: Public limited company
Share
capital: EUR 11,000,000.00
Registered
on: 19.12.2001
Reg.
data: 40227 Düsseldorf, HRB 41741
Treasurer:
Golf-Club Nahetal e.V.
Drei
Buchen
D
55583 Bad Münster-Ebernburg
Legal
form: Registered association
Registered
on: 15.07.1971
Reg.
data: 55543 Bad Kreuznach, VR 414
Further functions/participations of Andreas
Peters
(Vice-president of the Board of Directors)
Manager:
Strukturentwicklungsgesellschaft der
Sparkasse Rhein-Nahe mbH
Kornmarkt 5
D
55543 Bad Kreuznach
Legal
form: Private limited company
Share
capital: EUR 1,300,000.00
Registered
on: 14.04.2000
Reg.
data: 55543 Bad Kreuznach, HRB 4092
Manager:
Energieprojektegesellschaft der Sparkasse
Rhein-Nahe mbH
Kornmarkt 5
D
55543 Bad Kreuznach
Legal
form: Private limited company
Share
capital: EUR 500,000.00
Registered
on: 21.02.2012
Reg.
data: 55543 Bad Kreuznach, HRB 21325
Further functions/participations of Steffen
Peter Karl Rosskopf
(Member of the Board of Directors)
Manager:
Strukturentwicklungsgesellschaft der
Sparkasse Rhein-Nahe mbH
Kornmarkt 5
D
55543 Bad Kreuznach
Legal
form: Private limited company
Share
capital: EUR 1,300,000.00
Registered
on: 14.04.2000
Reg.
data: 55543 Bad Kreuznach, HRB 4092
Manager:
Energieprojektegesellschaft der Sparkasse
Rhein-Nahe mbH
Kornmarkt 5
D
55543 Bad Kreuznach
Legal
form: Private limited company
Share
capital: EUR 500,000.00
Registered
on: 21.02.2012
Reg.
data: 55543 Bad Kreuznach, HRB 21325
11.11.2013 -
19.10.2015 President of the
Administrative Board
Franz-Josef Diel
D
55543 Bad Kreuznach
11.11.2013 -
19.10.2015 Member of the Administrative
Board
Claus Schick
D
55270 Jugenheim
Main industrial sector
64191 Credit institutions including branches of
foreign banks
Branch:
Sparkasse Rhein-Nahe
Mainzer Str.26
D
55411 Bingen
TEL.:
06721/704-0
Limited partner:
Gartenstadt am Rhein GmbH
& Co KG
Rochusallee 2 ( Ämterhaus )
D
55411 Bingen
Legal
form: Ltd partnership with priv. ltd.
company as general partner
Company Status: active
Total
cap. EUR 1,000,000.00
contribution:
Share: EUR 500,000.00
Reg.
data: 04.07.2006
Local court 55116 Mainz
HRA 40191
Shareholder:
Strukturentwicklungsgesellschaft der
Sparkasse Rhein-Nahe mbH
Kornmarkt 5
D
55543 Bad Kreuznach
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 1,300,000.00
Share: EUR 1,300,000.00
Reg.
data: 14.04.2000
Local court 55543 Bad Kreuznach
HRB 4092
Shareholder:
Beteiligungsgesellschaft der Sparkasse Rhein
Nahe
mbH
Kornmarkt 5
D
55543 Bad Kreuznach
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 500,000.00
Share: EUR 500,000.00
Reg.
data: 28.10.2004
Local court 55543 Bad Kreuznach
HRB 4796
Shareholder:
Energieprojektegesellschaft der Sparkasse
Rhein-Nahe mbH
Kornmarkt 5
D
55543 Bad Kreuznach
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 500,000.00
Share: EUR 500,000.00
Reg.
data: 21.02.2012
Local court 55543 Bad Kreuznach
HRB 21325
Shareholder:
Wohnpark Heidesheim-Uhlerborn GmbH
Rheinstr. 194b
D
55218 Ingelheim
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 200,000.00
Share: EUR 100,000.00
Reg.
data: 10.02.2000
Local court 55116 Mainz
HRB 7117
Shareholder:
S-ImmoWert Gesellschaft der Sparkasse
Rhein-Nahe mbH
Kornmarkt 5
D 55543 Bad Kreuznach
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 100,000.00
Share: EUR 100,000.00
Reg.
data: 27.07.2012
Local court 55543 Bad Kreuznach
HRB 21428
Shareholder:
Sparkasse Rhein-Nahe Versicherungs-Service
GmbH
Hospitalgasse 20
D
55543 Bad Kreuznach
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 51,129.19
Share: EUR 51,129.19
Reg.
data: 09.01.1997
Local court 55543 Bad Kreuznach
HRB 3565
Shareholder:
Bad Kreuznacher
Entwicklungsgesellschaft mbH
(BKEG)
Kilianstr. 9
D
55543 Bad Kreuznach
Legal
form: Private limited company
Company
Status: active
Share
capital: EUR 180,000.00
Share: EUR 30,000.00
Reg.
data: 28.03.2006
Local court 55543 Bad Kreuznach
HRB 20137
Shareholder:
Verwaltungsgesellschaft Gartenstadt GmbH
Rochusallee 2 ( Ämterhaus )
D
55411 Bingen
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 25,000.00
Share: EUR 12,500.00
Reg.
data: 31.05.2006
Local court 55116 Mainz
HRB 40366
Shareholder:
RNI
Rhein Nahe Immobilien GmbH
Rheinstr. 194b
D
55218 Ingelheim
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 25,000.00
Share: EUR 12,250.00
Reg.
data: 29.11.2012
Local court 55116 Mainz
HRB 44340
Shareholder:
ITB -
Institut für Innovation, Transfer und
Beratung gemeinnützige GmbH
Berlinstr. 107a
D
55411 Bingen
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 81,808.00
Share: EUR 10,226.00
Reg.
data: 08.01.1996
Local court 55116 Mainz
HRB 22716
Shareholder:
RW
Beteiligungsgesellschaft II mbH
Georg-Glock-Str. 8
D
40474 Düsseldorf
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 25,000.00
Share: EUR 8,513.00
Reg.
data: 29.11.2013
Local court 40227 Düsseldorf
HRB 71502
Shareholder:
Naheland-Touristik
GmbH
Bahnhofstr. 37
D
55606 Kirn
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 154,300.00
Share: EUR 2,600.00
Reg.
data: 27.03.1991
Local court 55543 Bad Kreuznach
HRB 2733
Shareholder:
Wirtschaftsförderung Landkreis Bad
Kreuznach
Unternehmergesellschaft (haftungsbeschränkt)
Salinenstr. 47
D
55543 Bad Kreuznach
Legal
form: Entrepreneur Company (limited
liability)
Company Status: active
Share
capital: EUR 4,400.00
Share: EUR 1,000.00
Reg. data:
14.02.2012
Local court 55543 Bad Kreuznach
HRB 21324
Payment experience: within
agreed terms
Negative information:We
have no negative information at hand.
Type of ownership: proprietor
Share: 100.00 %
Address Kornmarkt 5
D
55543 Bad Kreuznach
Type of real estate:
administrative premises
Value at selling
price: EUR
10,226,000.00
Real Estate of: Stadt Bad Kreuznach
Type of ownership: proprietor
Share: 100.00 %
Address Hochstr. 48
D
55545 Bad Kreuznach
Real Estate of: Kreisverwaltung Mainz-Bingen
Type of ownership: unknown
Address Georg-Rückert-Str. 11
D
55218 Ingelheim
Land register documents
were not available.
DEKABANK FRANKFURT, 60329
FRANKFURT AM MAIN
Sort. code: 50050999
BIC: DGZFDEFFXXX
BUNDESBANK ZENTRALE, 60006
FRANKFURT AM MAIN
Sort. code: 50400000
BIC: MARKDEFFXXX
LANDESBANK SAAR, 66104
SAARBRÜCKEN
Sort. code: 59050000
BIC: SALADE55XXX
ZV LANDESBANK
BADEN-WÜRTTEMBERG, 55098 MAINZ A RHEIN
Sort. code: 55050000
BIC: SOLADEST550
Financial year: 01.01. - 31.12.
Turnover: 2014 EUR 250,000,000.00
Profit: 2014 EUR 2,470,000.00
Real
estate of the firm:
EUR 10,226,000.00
Employees:
722
-
Part-time employees: 222
-
Trainees:
44
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.96 |
|
|
1 |
Rs.99.73 |
|
Euro |
1 |
Rs.71.84 |
INFORMATION DETAILS
|
Analysis Done by
: |
KIN |
|
|
|
|
Report Prepared
by : |
ANK |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit transaction.
It has above average (strong) capability for payment of interest and
principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with full
security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.