The Sparkassenstiftung für internationale Kooperation is the development-policy arm of the Sparkassen-Finanzgruppe. Its task is to disseminate the successful Sparkasse model across regional borders and around the globe. By enabling people in developing countries and emerging economies to access financial services, it aims to create opportunities that will allow them to leave poverty behind.
Heinrich Haasis Chairman of the Board, Sparkassenstiftung für internationale Kooperation e.V.
‘Sparkassenstiftung is sharing the German Sparkassen model – and thus 200 years of experience – with the world.
Channelling savings deposits back into the business cycle within the same region in the form of loans also creates stable structures in developing countries and emerging economies. This enables everyone to benefit from the economic and social upswing.’
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