Sparkassen-Finanzgruppe

Sparkassen-Finanzgruppe
Company typePublic banking group
IndustryFinancial services
Founded18th century: first Sparkassen
1884: Deutscher Sparkassenverband
1924: DSGV
1975: Institutional Protection Scheme
Headquarters
Germany
Key people
Helmut Schleweis, Sparkassenpräsident since 2018
Products
Total assets 2.492,8 billions (2023)
Websitesparkasse.de

The Sparkassen-Finanzgruppe ("Savings Banks Financial Group") is a network of public banks that together form the largest financial services group in Germany and Europe by assets. Its name refers to local government-controlled savings banks that are known in German as Sparkasse, plural Sparkassen. Its activity is overwhelmingly located in Germany.