Well over half of all German Sparkassen are members of the Sparkassenstiftung. This is a win-win situation because they not only create the basis for Sparkassenstiftung's work, but also strengthen the status of the Sparkassen system
The Sparkassen-Finanzgruppe (Savings Banks Finance Group) is the largest financial group in Europe and the market leader in Germany. Its umbrella organisation is the German Savings Banks Association (Deutscher Sparkassen- und Giroverband, DSGV)
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.’
