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Gelsenkirchen Safe-Deposit Victims Protest as Sparkasse Plans First Returns

Low insurance limits leave many box holders short of compensation.

Overview

  • Hundreds of affected customers plan a protest near the branch Thursday, with police expecting 500 to 1,000 people and preparing for an emotional assembly.
  • Sparkasse says first handovers start Friday for clearly identifiable papers from the ransacked vault, part of about 50,000 items the thieves left behind.
  • The bank will begin with items like car titles and purchase contracts, and its chief Michael Klotz likened matching owners to a giant puzzle.
  • Standard coverage for a safe-deposit box is capped at €10,300, and 11 customers using lawyers have secured roughly €250,000 in total from insurers so far.
  • The late-2025 break-in used a core drill to reach the vault, emptied more than 3,000 boxes, and caused damage in the tens to hundreds of millions of euros.