Sparkassen-Finanzgruppe

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). The Sparkassen-Finanzgruppe (Savings Banks Finance Group) is the largest financial group in Europe and the market leader in Germany. In addition to the Sparkassen, it comprises regional banks (Landesbanken), regional building societies, insurance companies and numerous other financial service providers. Its umbrella organisation is the Deutsche Sparkassen- und Giroverband (DSGV – German Savings Banks Association). DSGV represents the interests of the Sparkassen Group and is responsible for its strategic direction.

The Sparkassen-Finanzgruppe founded the German Sparkassenstiftung for International Cooperation (DSIK) in 1992, thus extending the social mandate of the Sparkassen to developing countries and emerging economies too. 

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