The Sparkassenstiftung für internationale Kooperation (Savings Banks Foundation for International Cooperation - SBFIC) makes the German Sparkassen experience accessible in developing and transition countries. It supports financial institutions promoting a sustainable economic and social development at a local, regional or national level by offering banking services that are tailored to the needs of the target groups. more
Three main principles guide the Sparkassenstiftung's work - partnership based on mutual trust, the transfer of the key success-generating factors of the Sparkassen-Finanzgruppe and the implementation of practice-oriented solutions.
Since its launch in 1992, the Sparkassenstiftung has been implementing technical assistance projects covering all areas of banking and related business. However, the Sparkassenstiftung mainly chooses to focus on five project types - areas in which German Sparkassen have been extremely successful themselves.
For more than 20 years and on behalf of the Savings Banks Finance Group, Sparkassenstiftung has been working around the globe to help people get access to financial services, thus promoting development. 10 milestones of Sparkassenstiftung’s work – from setting up municipal savings banks via reconstruction aid to the first World Savings Day. more