Sparkassen-Finanzgruppe
Network of public banks in Germany / From Wikipedia, the free encyclopedia
This article is about the German savings banks group. For the Austrian group, see Sparkassengruppe Österreich.
The Sparkassen-Finanzgruppe ("Savings Banks Financial Group") is a network of public banks that together form the largest financial services group in Germany and in all of Europe. Its name refers to local government-controlled savings banks that are known in German as Sparkasse, plural Sparkassen.[2] Its activity is overwhelmingly located in Germany.
Quick Facts Company type, Industry ...
Company type | Public banking group |
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Industry | Financial services |
Founded | 18th century: first Sparkassen 1884: Deutscher Sparkassenverband 1924: DSGV 1975: Institutional Protection Scheme |
Headquarters | Germany |
Key people | Helmut Schleweis [de], Sparkassenpräsident since 2018 |
Products | Banking and financial services |
Total assets | €2.432 trillion (2021)[1] |
Website | sparkasse.de |
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