The Sparkassen-Finanzgruppe is a cornerstone of the German financial sector, comprising hundreds of independent public savings banks (Sparkassen), regional banks (Landesbanken), and specialized financial service providers. With roots dating back to the late 18th century, its mission is rooted in a public mandate to promote financial inclusion, support local communities, and provide comprehensive banking services to private individuals, small and medium-sized enterprises (SMEs), and public-sector institutions. The group operates under a decentralized model, with each local Sparkasse serving its specific region, all unified by the umbrella organization, the Deutscher Sparkassen- und Giroverband (DSGV).

Founded in

Germany