The German Sparkassenstiftung for International Cooperation 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.
In Zambia, the German Sparkassenstiftung for International Cooperation (DSIK) and its local partners are supporting an innovation program for children…
Heinrich Haasis Chairman of the Board, German Sparkassenstiftung for International Cooperation
‘German 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.’