Introducing : The Savings Banks Finance Group of Baden-Wuerttemberg
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New
edition
2021
Introducing :
The Savings Banks Finance Group
of Baden-Wuerttemberg
A strong financial partner :
loans totaling
EUR 146 billion
Good for Baden-Wuerttemberg :
50,000 jobs
and 3,000 trainees
On-site financial services :
2,000 branches
in Baden-Wuerttemberg
The Savings Banks Finance Group of Baden-Wuerttemberg
Head office: Stuttgart
Number of staff: 330
50 savings banks in Baden-Wuerttemberg
Number of staffed and non-staffed offices: 1,914
Number of staff: 31,150 Account deposits: 162.0 €bn
Total assets: 229.8 €bn Loans to customers: 146.3 €bn
(30 June 2021)
Landesbank Baden-Wuerttemberg
Stuttgart / Karlsruhe / Mannheim / Mainz
40,5 %
Total assets: 276 €bn
Number of staff: 10.120
Landesbausparkasse Baden-Wuerttemberg
Stuttgart / Karlsruhe
87,5 %
Total assets: 20.7 €bn
Number of staff: indoor 960 / sales agents 600
SV SparkassenVersicherung
Baden-Wuerttemberg, Hesse, Thuringia, Rhineland-Palatinate
SV Konzern, Stuttgart 63,3 %
Total assets: 28.1 €bn
Group gross premiums written: 3.48 €bn
Indoor staff: 3,100/ outdoor staff: 1,890
18,8 % Deutsche Leasing DekaBank Deutsche Girozentrale 15,84 %
Bad Homburg Frankfurt (Main)
Total assets: 22.1 €bn Total assets: 85.5 €bn (after IFRS)
Number of staff: 2,720 (30 June 2021) Number of staff: 4,710
16,5 %
Finanz Informatik GmbH & Co. KG Deutscher Sparkassenverlag, 10,8 %
Frankfurt (Main) Stuttgart
Turnover: 2.2 €bn Total revenue (group, non-consolidated):595 €bn
Number of staff: 4,010 Number of staff: 2,100
Unless otherwise stated, all figures are as at 31 December 2020. Group turnover of the DSV Group is unconsolidated.
The number of employees incl. apprentices was rounded to 10. © SVBW 2021
Reliable financial services throughout
Baden-Wuerttemberg
The savings bank idea, whose deepest roots go back to 1749 with the
orphan‘s fund in Salem, has had an impressive impact. No other institutions
in the financial sector enjoy more confidence than our savings banks –
more than 250 years after their formation.
From the very first day, the employees have worked hard for this idea.
In this way, the savings banks offer financial services for everyone,
regardless of income or wealth. In doing so, they create an important
prerequisite for the equal participation of all in social life.
Even in the difficult times of the current corona pandemic, the savings banks
and their network partners, Landesbank Baden-Wuerttemberg, LBS Suedwest
and SV SparkassenVersicherung are important partners. In the past months,
the employees of the 50 savings banks in the state of Baden-Wuerttemberg
have held tens of thousands of talks and sought viable solutions with their
customers. Within a very short time, some 6,200 applications for promotional
loans were forwarded to KfW and the state-owned L-Bank and many credit lines
were newly agreed.
The years 2020 / 2021 will go down in history as a turning point, similar to the
time of the financial crisis in 2008 / 2009. Even if many consequences are not yet foreseeable,
it can already be said that the Savings Banks Finance Group has impressively demonstrated
its strength and reliability in recent months – and will continue to do so.
The focus is on cushioning the economic consequences of the corona crisis as much as possible.
For this to succeed, obstacles must be removed. These include, in particular, the regulations
that have been multiplying over the past few years by the supervisory authorities at European
and national level. The relief measures adopted in the course of the pandemic point in the right
direction, but have so far only been temporary. It is precisely here that it is worthwhile to
examine new approaches. We need a general debate on the scope of supervision in the future.
Especially the corona crisis, which is a time of change, offers a good reason for this.
On the following pages we present the diversity of the Savings Banks Finance Group, whose
commitment extends far beyond the pure financial sector. Day after day, many people
contribute to the success of our savings banks and the entire financial group: our customers,
whose great trust is an incentive for us, the members of the committees and the approximately
50,000 employees. I thank them all for their great commitment.
Stuttgart, July 2021
Peter Schneider
President
Sparkassenverband Baden-Wuerttemberg
3
The Savings Banks Finance Group of Baden-Wuerttemberg
The 50 savings banks of Baden-Wuerttemberg
(July 2021)
The50savingsbanksofBaden-Wuerttemberg
Rhein Neckar Nord
Tauberfranken
Neckartal-Odenwald
Heidelberg
Hohenlohe-
kreis
Kraichgau
Heilbronn Schwaebisch Hall-
Crailsheim
Karlsruhe
Ludwigsburg
Rastatt-Gernsbach
Waiblingen Ostalb
Baden-Baden Gaggenau Pforzheim LBBW
Calw Stuttgart
Buehl
Ra-Ge
**
Hanauerland Boeblingen Esslingen- Goeppingen Heidenheim
Nuertingen
Offenburg/
Ortenau
Freudenstadt Tuebingen
Kinzigtal Reutlingen Ulm
Wolfach
Zollernalb
Rottweil
Freiburg-
Noerdlicher
Breisgau Schwarzwald- Biberach
Baar Tuttlingen Sigmaringen
P-M
Staufen- Pfullendorf-
Breisach Hochschwarzwald Meßkirch
Mark- Ravensburg
graefler- St.
Hegau- Salem-
land Blasien Bonndorf-
Wiesental Stuehlingen Bodensee Heiligen-
berg
Stand: Januar 2021
Hochrhein Engen- Bodensee
Gottmadingen
Reichenau
Loerrach-Rheinfelden
* Auf dem Gebiet der Landeshauptstadt Stuttgart erfuellt die LBBW (BW-Bank) auch die Aufgaben einer Sparkasse.
** OntheterritoryofthestatecapitalStuttgarttheLBBWcomplieswiththetasksofasavingsbank.
* On the territory of the state capital Stuttgart the LBBW complies with the tasks of a savings bank.
4
Reliable financial services
throughout Baden-Wuerttemberg
Collecting savings deposits in one‘s own region, keeping them safe and making The 2020 apprentices and students are looking
forward to their start at Sparkasse Hochrhein.
them available as loans for new investments – this is the core of the savings
Photo: Sparkasse Hochrhein
banks‘ effective idea for success. For more than 250 years, the 50 savings banks
in Baden-Wuerttemberg have been keeping the economic cycle going as finan-
cial partners, thus enabling founders and traditional companies to invest and
create new jobs.
In essence, the savings banks have always remained true to their founding
idea. Over the centuries and decades, the business model has repeatedly
adapted to changing conditions with contemporary financial products and
advisory services. This applies to the period of industrialization, to the new
beginnings after 1918 and 1945, to the years after the financial crisis in
2008/ 2009, but also now, in 2021, in response to the corona pandemic.
Business development as of 30 June 2021
(change compared to June 2020)
2021 change compared to 2020
€bn €bn in %
Balance sheet total 229.8 14.0 6.5
Customer deposits 162.0 11.3 7.5
Private customers 122.3 8.7 7.6
Companies and self-employed 26.8 1.8 7.1
Public authorities 7.4 0.8 11.8
Other customers 5.5 0.1 1.2
Customer loans 146.3 7.1 5.1
Private customers 69.9 4.5 6.8
Companies and self-employed 68.9 2.5 3.8
Public authorities 3.6 -0.2 -3.8
Other customers 3.8 0.2 6.6
5
The Savings Banks Finance Group of Baden-Wuerttemberg
Customers appreciate the reliability of their savings
banks. This can already be seen when looking at the
savings that they entrust to the institutions even in
times of low interest rates. It is currently over 150 billion
euros – and the trend is rising. The amount of the loans
is currently over 146 billion euros. About half goes to
corporate clients, the other half to private clients,
especially in the form of real estate loans.
In contrast to many other financial institutions,
The Savings Banks Associations of Baden and savings banks are not solely committed to profitability.
Wuerttemberg merged in 2001. The first presi-
They also have a public mandate that is legally anchored in the German
dent of the new Savings Banks Association of
Baden-Wuerttemberg was Heinrich Haasis. savings bank laws.
This means:
1. S
avings banks specifically promote awareness of wealth creation.
This also means that they offer everyone the opportunity to set up
an account.
2. Their focus is on local and regional development and their main
stakeholders, i. e. private customers, businesses and municipalities.
3. S
avings banks stimulate competition in the German banking market
through their broad positioning and their presence in economically
strong and weaker parts of the country.
The public mandate assigns the savings banks essential credit-economic, but
also social tasks. It stipulates that the success of a savings bank is measured
by its local creative power – and that goes far beyond the basic requirement
of business solidarity. The savings banks and the institutions of the Savings
Savings banks‘ deposits and loans by customer group as of 30 June 2021
(change compared to June 2020)
Customer deposits (162.0 billion euros) Loans (146.3 billion euros)
€ 7.4 billion € 5.5 billion € 3.6 billion € 3.8 billion
+ 11.8 % + 1.2 % - 3.8 % + 6.6 %
€ 26.8 billion
+ 7,1 %
€ 69.9 billion
€ 122,3 billion € 68.9 billion
+ 6.8 %
+ 7,6 % + 3.8 %
Private customers Companies and self-employed Public authorities Others
6
Savings banks in Baden-Wuerttemberg 60 % of all companies in Baden-Wuerttemberg
Market shares in corporate customer business maintain a bank account with a savings bank
Almost every second euro of corporate credit Savings banks 60 %
in Baden-Wuerttemberg is issued by the
savings banks and LBBW / BW-Bank LBBW /
BW-Bank 9%
Savings banks Regional banks
Cooperative
LBBW / BW-Bank Major banks 55 %
banks
Cooperative banks Other financial institutions
Major banks 18 %
10 % Commerzbank :9 %
7% 29% Deutsche Bank: 7%
Postbank 5 % HVB :2 %
13%
Direct banks 2%
19 % Other financial
22% 4%
institutions
Source : Marktanalyse Firmenkunden, May 2016, carried out for the SVBW
(GMW, Nuremberg) Random sample : 4,105 interviews, multiple answers
Source: Bundesbank, December 2019 possible
Banks Finance Group fulfil their overall economic and social responsibility in
many ways – not least as employers and taxpayers.
Digitalization makes it possible for savings banks to provide their customers
with financial services anytime and anywhere. The Sparkassen app is not only
the most widely used banking app in Germany, it also regularly receives top
marks in tests in terms of security and functionality. With ever new functions,
the Savings Banks Finance Group ensures that customers are always up to date.
Photo: Werner Kissel Photo: Sparkasse Hanauerland
Two of 1,950 branches in Baden-Wuerttemberg: on the left the Sparkasse Heidelberg with its rolling branch – Rolfi for short. The Rolfi team (from left):
Martin Hahmann, Nadine Gamber, Anita Wingert and Luca Beck. On the right the advice center of the Sparkasse Hanauerland in Willstaett.
7
The Savings Banks Finance Group of Baden-Wuerttemberg
The Savings Banks Finance Group
of Baden-Wuerttemberg
The core of the Savings Banks Finance Group is formed by the 50 regionally
and economically independent savings banks. With a dense network of
around 2,000 branches and 32,000 employees, they offer modern financial
services for everyone throughout the state of Baden-Wuerttemberg.
This applies to large cities and metropolitan areas as well as to rural
regions.
The strength of the institutes lies in the personal con-
sultation on site. The savings banks know the
special features of their regions and can develop
suitable solutions as required. Through regular
further training and exchange of information,
the employees are always up to date, even
with complex topics.
To ensure a successful, innovative and custo-
mer-oriented market presence, the savings
banks also have access to high-performance
product specialists from their own network.
These include Landesbank Baden-Wuerttem-
berg (LBBW), LBS Landesbausparkasse
Suedwest and SV SparkassenVersicherung.
In order to be able to offer and handle the wide
range of requirements and financial services,
there are other companies that focus on special
offers, particular markets or complex produc-
tion processes. Across Germany, the savings
banks rely on the expertise of DekaBank and
Deutsche Leasing.
This efficient division of labour, in which
savings banks and associated companies
concentrate on their respective strengths,
ensures the competitiveness of the Savings
Banks Finance Group. With around 50,000
employees, it is the market leader in the
banking business in Baden-Wuerttemberg
and contributes to strengthening the state‘s
economic power.
The group is supported by service companies.
These include in particular Finanz Informatik
and the DSV Group (Deutscher Sparkassen-
verlag), which specializes in digital and
analogue media content as well as consulting
systems, technical equipment and bank cards.
8
Landesbank Baden-Wuerttemberg
Landesbank Baden-Wuerttemberg (LBBW) is a medium-sized universal bank
and the central institution of the savings banks in Baden-Wuerttemberg,
Saxony and Rhineland-Palatinate. With total assets of around 276 billion
euros and around 10,000 employees, it is one of the largest banks in
Germany. Together with the Baden-Wuerttembergische Bank (BW-Bank),
which belongs to the LBBW Group, it offers the complete range of products
and services of a modern universal bank nationwide. In the area of the state
capital Stuttgart, BW-Bank fulfills the tasks of a savings bank for LBBW.
LBBW‘s business model is based on five pillars: corporate customers,
private customers, savings banks, real estate financing and financial
markets. LBBW also supports its corporate customers and those of the
savings banks in their international activities.
LBS Landesbausparkasse Suedwest
As the building society of the savings banks, LBS is the competent partner
for building, living and financing within the Savings Banks Finance Group.
LBS‘s core business is the home savings business and mortgage lending.
The company supports its 1.7 million customers with high-quality
products and advice, often over many years. Its services also include real
estate services for building, buying, selling, renovating and modernizing
as well as debt rescheduling, financing with public funds or real estate
insurance. The advantages of building savings and Riester incentives can be
combined with the LBS home pension, the residential Riester offer of LBS.
LBS Suedwest is the market leader in Baden-Wuerttemberg with a
market share of around 40 percent. Every eighth inhabitant of Baden-
Wuerttemberg is an LBS building saver. Around 1,600 employees
work for LBS in office and field service.
SV SparkassenVersicherung
SV SparkassenVersicherung is a modern regional insurer.
It pools the Savings Banks Finance Group‘s insurance offering in
Baden-Wuerttemberg, Hesse, Thuringia and parts of Rhineland-Palatinate.
3.9 million customers entrust SV with the protection of their assets.
They have concluded 7.8 million insurance contracts. You can insure
buildings, cars, household goods or even business. It also offers all types
of life insurance as well as legal protection, health insurance and long-
term care provision. As market leader in building insurance, the company
insures a good two thirds of all buildings in Baden-Wuerttemberg and
Hesse. In 2020 the SV posted premium income of around 3.5 billion euros.
The SV offers around 5,000 highly qualified jobs in office and field service.
Every year, the company fills around 100 training and study places.
9
Savings banks – good for Baden-Wuerttemberg
Savings banks are committed
to more sustainability
The savings banks in Baden-Wuerttemberg are intensifying their activities
for more sustainability and have set this down in a voluntary commitment.
In it, they undertake to make their business operations more climate-friendly,
to align financings and own investments to climate goals and to support
commercial and private customers in the transformation towards more
environmental friendliness.
The starting point for the new voluntary commitment is the Paris Agreement
on Climate Protection. In this, nations around the world set themselves
the goal of limiting global warming to “well below” two degrees Celsius
Sandra Hutter coordinates the work on the compared to the pre-industrial era – if possible, even to 1,5 degrees Celsius.
topic of sustainability as a consultant in the
policy department of the Savings Banks
According to the Paris Climate Goals, being able to better cope with changes
Association of Baden-Wuerttemberg. in climate change is just as important as reducing greenhouse gas emissions.
Photo: Franziska Kraufmann The savings banks want to support companies that are making this change in
their adaptation. Private customers can also do something, for example by
considering sustainable securities in their investments.
The initiative for the voluntary commitment came from the German Savings
For more information on the Banks Association (DSGV). In the bodies of the DSGV, the text of the voluntary
subject, please contact Sandra commitment was unanimously adopted in September 2020. Within a few
Hutter, phone: 0711 127-77878, weeks, 40 of the 50 savings banks in Baden-Wuerttemberg had already
email: sandra.hutter@sv-bw.de signed the voluntary commitment.
The following savings banks are already participating:
By the editorial deadline of 10 July 2021, 40 savings banks had joined the voluntary commitment:
• Biberach • Hegau-Bodensee • Markgraeflerland • Schwarzwald-Baar
• Bodensee • Heidelberg • Neckartal-Odenwald • St. Blasien
• Boeblingen • Heidenheim • Offenburg / Ortenau
• Staufen-Breisach
• Buehl • Heilbronn • Ostalb
• Engen- • Tauberfranken
• Hochrhein • Pforzheim Calw
Gottmadingen
• Hochschwarzwald • Tuebingen
• Ravensburg
• Esslingen-Nuertingen
• Hohenlohekreis
• Reutlingen • Ulm
• Freiburg-
Noerdlicher Breisgau • Kinzigtal
• Rhein Neckar Nord • Waiblingen
• Freudenstadt • Kraichgau
• Salem-Heiligenberg
• Wolfach
• Goeppingen • Loerrach-Rheinfelden
• Schwaebisch
• Hanauerland • Ludwigsburg Hall-Crailsheim • Zollernalb
10Cornerstones of the savings banks‘ voluntary commitment
to climate-friendly and sustainable business practices
The work of the savings banks is shaped by responsible action in their area of business,
the public mandate, their entrepreneurial self-image and the principles for responsible banking
of the United Nations. These principles relate to the economic, social and ecological dimensions
of sustainability and include all areas of the company.
The savings banks‘ sustainability management encompasses goals and measures in
customer business, human resources, business operations, financing and own investments
as well as local promotional activities. With suitable financial services, savings banks support
companies, private individuals and municipalities on their way to greater sustainability
and climate protection.
The savings banks …
• … are actively committed to achieving the goals customers as active partners in the conversion
of the Paris Climate Agreement and want to help to a climate-friendly and sustainable way of
the economy better protect the climate. doing business.
• … promote the 17 goals of the United Nations • … promote the awareness of customers for
for sustainable development with their actions. sustainable securities investments.
In addition to climate and environmental
protection, this also includes the fight against
poverty and hunger as well as the commitment • … also control their own systems from the point of
to clean water, good education and sustainable view of climate and environmental protection as well
consumption. as social aspects. They manage their own investment
portfolios according to sustainability criteria.
• … will determine their internal greenhouse
gas emissions every year and reduce their CO2 • … are committed to developing instruments such as
emissions by three to five percent per year. green Pfandbriefe or green savings bonds so that
They then want to be CO2-neutral in their own customers can participate in the transformation.
business operations by 2035 at the latest.
• … train their managers and employees to
• … use environmentally friendly building materials support the necessary ecological change and
when renovating or constructing new buildings promote environmentally friendly mobility for
and use energy carefully, which they obtain from their employees.
renewable sources.
• … participate in the climate-friendly and sustainable
• … reduce domestic flights and give priority to rail further development of their business area. In doing
travel. They are also converting their vehicle fleet so, they cooperate in particular with their municipal
to lower CO2-emissions. sponsors and regional non-governmental organiza-
tions as well as institutions of the local economy.
In their business area, they promote environmental
• … use their strength in the market to promote the projects that serve to protect the natural foundations
ecological transformation. They accompany their of life and biodiversity, as well as to bind CO2.
11Savings banks – good for Baden-Wuerttemberg
Target agreement: savings banks
commit to accessibility
Disability is not just the problem of people who carry a disability card in
their pocket. Often it is attitudinal and environmental barriers that make it
difficult or even prevent them from participating in the community.
Accessibility is therefore a task that affects society as a whole.
This also includes that all people can carry out their financial transactions
according to their own ideas – and when and where they want to.
This is precisely the aim of the „Target Agreement on Accessible Services“,
which the Savings Banks Association of Baden-Wuerttemberg reached with
fourteen organizations and self-help groups of disabled people in Baden-
Wuerttemberg in 2013. At the heart of the agreement are standards for
accessibility to all services. For this purpose, the goals were divided into
19 modules.
The first component is also the most important, because it relates to the
mission statement and thus the self-image of the savings banks. At the
savings banks, people with disabilities are not regarded as special cases,
but as customers like everyone else. All further steps result from this central
premise.
A good part relates to structural measures. New buildings and renovations
At least one ATM in branches and self-service of the savings banks are generally designed to be barrier-free. The DIN
centres should be accessible without barriers.
standard applies, which is also applied to public buildings. Ramps and
This requirement has now been implemented
in many places – here for example in elevators make it easier for people with reduced mobility to enter and exit
Goeppingen. the building independently. For the hearing impaired, inductive hearing
Photo: Ulrich Beuttenmueller, systems are set up at the customer counters, which are made recognizable
Kreissparkasse Goeppingen
by a symbol. In addition, the savings banks ensure that their counter
positions are well lit. This makes it easier for the deaf and hard of hearing
to read the words from the mouth.
Barrierefreie
Dienstleistungen
The technical facilities are also changing. A good example are barrier-
free cash dispensers and service machines that have voice control in
addition to screen control. Visually impaired people can plug in their own
Zertifikat headphones into the machine and navigate through the menu in this way.
The buttons on the input area are larger and the time limits are extended
Am 19. Februar 2019 ist die
or canceled entirely. It is also important that the money dispenser opens
Sparkasse Rastatt-Gernsbach wide and does not “hold” the money. Many of these machines can already
der Zielvereinbarung zu barrierefreien Dienstleistungen
zwischen dem Sparkassenverband Baden-Württemberg
be found in the branches. Part of the target agreement is to equip every
branch with at least one barrier-free banking machine.
und den Organisationen und Selbsthilfegruppen behinderter
Menschen in Baden-Württemberg beigetreten.
Damit ermöglicht sie Menschen mit Einschränkungen,
Dienstleistungen der Sparkasse barrierefrei in Anspruch zu nehmen.
Wir beglückwünschen die Sparkasse zu diesem vorbildlichen Schritt.
Those who want to manage their money transactions from
er
ba
nd Baden
- home can do so with barrier-free online banking. People with limited
W
v
parkassen
ürt
5. März 2019
vision and mobility usually have an appropriately designed keyboard
temberg •
Stuttgart Peter Schneider
•S
Präsident
on their home computer. The savings banks ensure that information is
made accessible through various senses. Texts can be read aloud at
•
L A G HILFE. V .
•
SE LBW üST
r tt e m
berg
e
Baden-
the click of a button and text alternatives or subtitles are offered for
Landesverband für
Menschen mit Körper-
und Mehrfachbehinderung
Baden-Württemberg e.V.
videos and audio files.
12The participating savings banks are also developing
a welcoming culture that encourages people with The following savings banks are already participating:
disabilities to take their financial transactions into
their own hands. To ensure that not everyone has to
reinvent the wheel, the Savings Banks Association of Up to the editorial deadline on
Baden-Wuerttemberg advises its members on all 10 July 2021 48 savings banks had
issues relating to accessibility – in particular on joined the target agreement:
structural and technical issues and on information
and public relations work. • Baden-Baden Gaggenau • Neckartal-Odenwald
• Biberach • Offenburg / Ortenau
The Sparkassenakademie in Stuttgart has set up • Bodensee • Ostalb
an advanced training program that aims to reduce
• Boeblingen • Pforzheim Calw
reservations among savings banks` employees.
One of the two course instructors is blind. She not • Buehl • Pfullendorf-Meßkirch
only describes what expectations she has of the
savings banks, but also practices how to deal with • Engen-Gottmadingen • Rastatt-Gernsbach
disabled people with her colleagues. • Esslingen-Nuertingen • Ravensburg
• Freiburg- • Reichenau
Noerdlicher Breisgau
• Reutlingen
Zielvereinbarung • Freudenstadt
• Rhein Neckar Nord
zu barrierefreien Dienstleistungen • Goeppingen
zwischen dem Sparkassenverband Baden-Württemberg und den • Rottweil
Organisationen und Selbsthilfegruppen behinderter Menschen
in Baden-Württemberg
• Hanauerland
• Salem-Heiligenberg
• Hegau-Bodensee
• Schwaebisch Hall-
• Heidelberg Crailsheim
• Heidenheim • Schwarzwald-Baar
•
L A G THILFEV .
• • Heilbronn • Sigmaringen
Sa Ed eLn - BW üSr tt e m b e r g e .
B
• Hochrhein • St. Blasien
Landesverband für
Menschen mit Körper-
und Mehrfachbehinderung
• Hochschwarzwald • Staufen-Breisach
Baden-Württemberg e.V.
• Hohenlohekreis • Tauberfranken
• Karlsruhe • Tuebingen
• Kinzigtal • Tuttlingen
• Kraichgau • Ulm
You are welcome to request the brochure
from Stephan Schorn, phone: 0711 127-77390, • Loerrach-Rheinfelden • Waiblingen
email: stephan.schorn@sv-bw.de.
• Ludwigsburg • Wolfach
Further information on the subject can be obtained
• Markgraeflerland • Zollernalb
from Oliver Klempa, phone: 0711 127 77893,
email: oliver.klempa@sv-bw.de
13Savings banks – good for Baden-Wuerttemberg
Savings banks promote savings and
the new school subject economics
Sparkassen-SchulService
Unlike private financial institutions, savings banks also have a public
mandate beyond traditional financial services. One of their tasks is to create
awareness for wealth creation among the population. This is especially true
-DKUH for young people, who are to be introduced step by step to the responsible
use of money. In the past few decades, the institutes have developed
many activities and measures for
savings and economic education,
which are summarized under the
term “Sparkassen-SchulService”.
With material collections and
events on business topics, the
SchulService supports teachers in
organizing their lessons in a
practical way. Schoolchildren and
parents alike receive information
on practical topics. The material
provides answers to questions
such as “What exactly do you
need a current account for?”,
“What do I have to look out for
The Sparkassen SchulService website is the
when I sign a mobile phone central information platform for teachers.
contract?” And “Why should you
invest money when you can buy
new sneakers at the same time?”.
Neutrality is an important prerequi-
site for this. All media and offers are
free of advertising. Economic policy
issues are deliberately taken up in a
controversial manner. This has been
officially recognized by various par-
ties, including the UNESCO
Commission.
Materials to the School Subject WBS
Since 2017/18 the school subject
“Business/ Career and Study
Orientation” (WBS) has been on the
curriculum in Baden-Wuerttemberg.
The savings banks support teachers
in their preparation with materials
that are tailored to the curriculum.
This includes student notebooks
A world record has been attracting people to Ludwigsburg since 2015: Kreissparkasse Ludwigsburg
and teacher information as well as
has built the world‘s largest piggy bank in front of its main branch – eight metres long and five metres
high. Inside, children and adults can learn about the history of saving on two levels. Photo: Tobias electronic media that can be used
Opel, Kreissparkasse Ludwigsburg individually in lessons.
14Planspiel Boerse
The Planspiel Boerse (stock market simulation game)
has been around since 1983. It offers schoolchildren,
students and trainees the opportunity to trade in
securities risk-free over a limited period of eleven
weeks. Not only the successful learn something,
but also those who have to accept losses.
All teams start with a fictitious sum of 50,000 euros.
In 2021 four schoolgirls from Mainhardt won first
place in Baden-Wuerttemberg in the overall depot
category. The team was looked after by Sparkasse
Schwaebisch Hall Crailsheim. The awarding of
the winners took place online due to the corona
pandemic.
Award ceremony 2020 of the stock market simulation game: The “Vacanza”
team from the Scheffel-Gymnasium, Bad Saeckingen won the overall depot
„The simulation game is a great beacon project
evaluation category. On the photo from the left: Teacher Werner Bodewein, the
for economic education,“ emphasized the managing director of the Stuttgart Stock Exchange, Dr. Katja Bodenhoefer-Alte,
Managing Director of the Stuttgart Stock Exchange, Timo Jehle from Sparkasse Hochrhein, the students Nico Richter, Alexander
Dr. Katja Bodenhoefer-Alte, at the award ceremony. Schwendemann, Kevin Merkel and Leonardo Romano, Bettina Amann from
Sparkasse Hochrhein, teacher Stefan Tritschler and Dr. Markus Vogtmann from
„Their success shows that it is possible to make the Savings Banks Association of Baden-Wuerttemberg
good profits even in low interest rate times.“ Photo: Sascha Baumann
Deutscher Gruenderpreis fuer Schueler
The Deutscher Gruenderpreis fuer Schueler (German
Business Founder Award for pupils) is Germany‘s
largest business start-up planning game and is
offered by the Savings Banks Finance Group
together with ZDF, Stern magazine and Porsche.
The game phase lasts four months. Nine deman-
ding tasks have to be mastered in this time.
Among other things, the groups prepare a market
analysis and develop advertising and marketing
strategies. The business idea is not the focus,
but it serves to apply the abstract business plan
to a realistic product. All teams are supervised by
a teacher, a company sponsor and by the local
savings bank in accomplishing the tasks.
Despite the restrictions caused by the corona
pandemic, around 3,050 schoolchildren took The German Business Founder Award for pupils is Germany‘s largest
part in the game in 2021 – hardly fewer than business start-up planning game. In 2019 the „SiGeVo“ team from Esslingen
in previous years. The best team from Baden- won first place in the national ranking – from left: Natani Risek, Leonie Weber,
Lara Aichele. Photo: Klaus Knuffmann
Wuerttemberg came from the John F. Kennedy
School in Esslingen and is called „Energy2Go“.
The five team members presented their business
plan for a shoe sole that generates electricity
when you walk. The girls and boys were looked
after by the Kreissparkasse Esslingen-Nuertingen
when they worked out the financial plan.
„Energy2Go“ was also convincing nationwide.
The committed group secured 7th place out
of a total of 715 teams.
15Savings banks – good for Baden-Wuerttemberg
Savings banks –
good for Baden-Wuerttemberg
The primary task of the savings banks in Baden-Wuerttemberg is banking.
The purpose of the public savings banks is to give all residents of the
respective business area access to financial services – for example, to be
able to make transfers with a current account or to be able to keep savings
safely. The savings banks in Baden-Wuerttemberg also distinguish them-
selves in many other ways. They are secure employers, reliable taxpayers
and promote the common good. The sponsoring communities and districts
benefit from “their” savings bank in several ways.
Strong taxpayer
The savings banks in Baden-Wuerttemberg are among the largest business
taxpayers in the state. In the past few years, they have paid over 400 million
euros in income tax every year. In 2020 alone, this amounts to a total of
430 million euros. Thanks to the regional anchoring of the savings banks,
these taxes do not flow to Frankfurt or any other place in the world, but
directly benefit the municipalities and districts in Baden-Wuerttemberg.
Jobs and training positions
Around 31,000 people work in the 50 savings banks in Baden-Wuerttemberg.
There are also around 10,000 employees at LBBW, 1,000 at LBS Suedwest
in the office, 600 in the field and 5,000 at SparkassenVersicherung. In addition,
around 2,000 employees
work for Deutscher Spar-
kassenverlag in Stuttgart-
Vaihingen. The bottom line
is that the Savings Banks
Finance Group in Baden-
Wuerttemberg is the emplo-
yer of around 50,000 people.
Ich bin kein A total of around 2,200
Bankwesen.
young people are currently
being trained by the savings
banks in Baden-Wuerttem-
Sondern
berg. With this training
quota, the savings banks
occupy a top position in the
Menschenverbinderin.
financial sector. In addition,
there are the trainees of
the association partners.
Lara Maurer, Auszubildende zur Bankkauffrau For example, around
300 trainees and students
from the Cooperative State
The Kreissparkasse Boeblingen recruits new colleagues with innovative poster motifs. „I am not banking.“
is the campaign. The slogan is complemented by terms relating to the topics that are at the forefront of the University work at LBBW.
savings banks – for example, being happy in your own property or thinking ahead when investing money. SparkassenVersicherung
The campaign is part of an employer attractiveness project developed by Kreissparkasse Boeblingen with employs 340 trainees and
the support of the Sparkassenakademie and the Sparkassen Finanzportal. Lara Maurer is training to become
a bank clerk at Kreissparkasse Boeblingen. Photo: Sparkassen Finanzportal GmbH
students. At LBS Suedwest,
Mehr als eine Bank.
Photo: Sparkassen Finanzportal GmbH the figure is 90.
Mehr als ein Job.
16 Steig ein und entdecke, was du
bei uns noch sein kannst.
Jetzt online bewerben.Savings banks –
active for society
The savings banks in Baden-Wuerttemberg – just like the affilia-
ted companies LBBW, SV and LBS – combine economic success
with social responsibility. They are committed to the common
good and take an active role in economic, social and cultural de-
velopment in their regions. They promote art and culture, educa-
tion, sports, environmental protection and social projects. With
their diverse social commitment, the savings banks increase the
quality of life and make a significant contribution to the quality
of the location in Baden-Wuerttemberg.
The major state exhibitions are among the outstanding projects Sparkasse Bodensee is committed to the State
in the field of art and culture. The Savings Banks Finance Group Horticultural Show together with the Savings Banks
Finance Group of Baden-Wuerttemberg. The savings
supports many of these important exhibitions with considerable
bank is the name sponsor of the stage that was built
amounts – often as the main sponsor. The savings banks are for the garden show in Lake Constance. In our photo
also an important sponsor of the federal horticultural shows from left : Rainer Schoellhorn, Regional Director Private
and the home days in Baden-Wuerttemberg. With a funding Clients, Corporate Client Advisor Rainhard Haas from
Sparkasse Bodensee, the Lord Mayor of Ueberlingen,
amount of half a million euros nationwide, the music compe- Jan Zeitler, the Chairman of the Board of Directors of
tition „Jugend musiziert“ is one of the outstanding sponsor- Sparkasse Bodensee, Lothar Mayer, as well as the Mana-
ship commitments of the savings banks. Many savings banks ging Director of the State Garden Show, Roland Leitner.
Photo: Sparkasse Bodensee
promote regional preliminary rounds, support the state com-
petition and offer young prize winners a stage, for example
at events and prize winners‘ concerts.
In the area of sport, the savings banks primarily promote
popular sport – but top-level sport is also taken into account.
The elite schools of sport, which are represented at seven
locations in Baden-Wuerttemberg, are a permanent partner.
Every year, the Wuerttembergische Sportjugend and the
savings banks honour youth coaches, youth leaders and club
staff with the „Role Models of the Year“ award in recognition
of exemplary voluntary commitment. This award makes it
clear that voluntary work is by no means a matter of course, One of the highlights of the State Horticultural Show are the
but deserves high recognition. floating gardens. They can be viewed via a wooden walkway
that protrudes almost 30 meters into the lake. The round
islands float on pontoons. Photo: DREISEITLconsulting
The Cultural Landscape Award, which the savings banks
award together with the Swabian Heimatbund, pursues a
similar idea. Anyone who has rendered outstanding services
to the preservation of meadow orchards, juniper heaths,
dry stone walls or small monuments in the country can
receive a prize. The Cultural Landscape Award is endowed
with a total of 11,000 euros.
All in all, the savings banks provide over 50 million euros
each year for social commitment. To ensure that this support
is sustainable, there are 99 savings bank foundations in
Baden-Wuerttemberg, which reliably support many initiatives
with their distributions.
17Savings banks – an active commitment to society
The Reichenau regional savings bank has been recognized by the Ministry of the Interior
as a volunteer-friendly employer. Chairman of the Board Guenter Weber and his pre-
decessor Johann Roth (centre, 6th and 5th from left) together with Reichenau‘s mayor
Dr. Wolfgang Zoll (3rd from right) and fire brigade commander Andreas Schlegel (far left)
as well as the employees of Bezirkssparkasse Reichenau who volunteer their services to
the fire brigade: Sebastian Boehler, Alexander Peters, Andreas Brunnemann, Sven
Leonards and Markus Schlegel (from left). Photo: Daniel Korn, Bezirkssparkasse
Reichenau
The Mensch Foundation of Sparkasse Zollernalb donated 10,000 euros to the DOMIZIEL social department store in Balingen in the
middle of the first corona lockdown. The donation cheque was handed over by the two members of the foundation‘s Board of Directors,
Martin Schaefer (left) and Christian Berggold (2nd from left), to the board members of the social department store, Nathalie Hahn and
Peter Blechmann. The motto of the DOMIZIEL social department store is „Good things from good hands“. Six employees and more than
25 volunteers collect well-preserved furniture and household goods. The items are passed on at favourable prices to demonstrably
needy people in the entire Zollernalbkreis district. This is also a contribution to sustainability. Photo: Mandy PacheIn May, Kreissparkasse Biberach
donated twelve automated external
defibrillators worth 16,000 euros to
the Biberach district association of
the German Red Cross (DRK) from the
proceeds of its customers‘ PS lots.
Present at the handover were (from
left): Michael Mutschler, Managing
Director of the Rescue Service, the
honorary President of the DRK
District Association, Peter Schneider,
District Administrator Dr. Heiko
Schmid, the Chairman of the Board
of the Kreissparkasse Biberach,
Martin Buecher, Peggy Schirmer-
Schmid, DRK District Director and State
Director, and Peter Haug, Managing
Director of Red Cross Work.
Photo: Kreissparkasse Biberach
The school field of the Carl-Orff-Schule in Sinsheim is one of the projects supported by the Savings Banks Finance Group of Baden-Wuerttemberg in
the educational programme „GemueseAckerdemie“. At the kick-off, Norbert Grießhaber (second from right), Chairman of the Board of Sparkasse
Kraichgau, accepted the funding certificate from Sacha Huebner (right), Regional Manager South-West of Ackerdemia e.V., on behalf of the Savings
Banks Finance Group of Baden-Wuerttemberg. The deputy headmistress of the Carl Orff School, Jana Bernhard (left), explained the concept of the
school together with the regional coordinator of Ackerdemia e.V., Stefanie-Michaela Andermann (second from left). Photo: Sparkasse Kraichgau
The Savings Banks Finance Group supports numerous
sporting events. For example, the Einstein Marathon – The parents‘ taxi stays in the garage: In the „SpoSpiTo –
presented by Sparkasse Ulm. Bewegungspass“ project, children were called upon in the
summer of 2021 to make their way to school on foot, by
scooter or bicycle. Those who made it 20 times received a
certificate. In addition, bicycles, scooters and backpacks were
raffled off. The Savings Banks Finance Group sponsored the
campaign, in which 89 primary schools with around 13,000
pupils took part in Baden-Wuerttemberg. Foto: Monkey
Business Images/Shutterstock.com/SpoSpiToThe Association of Savings Banks of Baden-Wuerttemberg
The Savings Banks Association –
tasks and activities
The Savings Banks Association of Baden-Wuerttemberg is one of twelve
regional savings banks associations in Germany. As the trade association of
the Savings Banks Finance Group in Baden-Wuerttemberg, it is the
central service provider for its 50 member savings banks and the affiliated
companies Landesbank Baden-Wuerttemberg (LBBW), Landesbausparkasse
Suedwest (LBS) and SV SparkassenVersicherung.
The tasks of the Savings Banks Association are manifold:
• It represents the interests of its member institutions
and strengthens their position in competition within
the banking industry.
• It supports and advises the member institutions in their orientation
Prominent guests at the Sparkassenakademie: towards changing legal, business and economic conditions.
In April 2017 the then Bundesbank board mem- • It initiates and steers the development of new products
ber Dr. Andreas Dombret (left) and today‘s and concepts for the member institutions.
Bundesbank board member Burkhard Balz
(center). The conference was moderated by
• In the Sparkassenakademie, it offers the employees of the
association managing director Dr. Joachim Savings Banks Finance Group a comprehensive range of training
Herrmann. Photo: Ines Rudel and further education measures geared towards practical needs.
• The audit office of the Savings Banks Association is the statutory
auditor of the savings banks in Baden-Wuerttemberg and also
conducts other business and regulatory audits of the savings
Expert discussion in Berlin: At the end of June banks and their subsidiaries.
2017, a delegation from the Savings Banks
Association of Baden-Wuerttemberg met with
the then Federal Minister of Finance and now
The savings banks have always combined economic success with
President of the German Bundestag, Dr. social commitment and responsibility. They are committed to the
Wolfgang Schaeuble, as well as other members common good and promote it in the areas of art, culture and sport.
of the Bundestag, including Andreas Jung,
The Savings Banks Association takes an active and leading role on
Deputy Chairman of the CDU parliamentary
group in the German Bundestag. behalf of its member institutions. It organizes the competitions
Photo : Julia Nowak „Jugend musiziert“ and „Vorbild sein“.
20Sparkassenverband Baden-Wuerttemberg – organization chart (July 2021)
department directly linked
to the President
AD Michael Oswald
President
Stv. Juergen Schmid
Medien Stephan Schorn Peter Schneider 1)
Association Director
Dr. Joachim Herrmann
General policy, legal service, Marketing, business
human resources and Sparkassenakademie
management and controlling Auditing agency (R 4)
administration (R 1) (savings banks academy) (R2)
(R3) WP / StB Thomas Witt
Dir. Frank Metzner
Stv. VGF Dr. Harry Streib Dir. Dr. Markus Vogtmann
General policy and Specialists and Business Quality control, IT and risk
investments (A 11) managers (A 21) consultancy (A 31) management (A 41)
AD Klaus-Dieter Hepp AD Renate Goettert AD Juergen Knopf AD WP Susanne Pejak
Stv. Jochen Bartmann Stv. Britt Richter Stv. Marc Harras
Reporting, supervisory law
Legal issues (A 12) and organization (A 42)
Junior staff (A 22) Sales and marketing (A32)
AD Marc Petersmeier AD Juergen L. Schmid
AD Frank Pflueger AD Dr. Ulrike Mueller
Stv. Steffen Ebinger Stv. Martin Bauer Stv. Karin Geiger
Stv. Martin Loeffler Tax consultancy (A 43)
Human resources, Consulting (A 23) AD WP / StB
organization and finance (A13) AD Dr. Andreas Diemand Controlling (A 33) Dr. Ralph-Erich Schmidt
AD André Kremser Stv. Udo Patzwaldt AD Dr. Frank Ihring
Stv. Herbert Schlegel Stv. Volkmar Pohl Field auditing service
Bereichsleiter / in
1) Hauptamtlicher Information technology Business management (A 34) WP / StB Beate Dierolf
Stellvertreter : and internal services (A 24) AD Andreas Schneider WP / StB Thomas Mack
VGF Dr. Herrmann AD Marcus Arnold Stv. Claus-Peter Roleff WP Peter Ohnimus
Stv. Kai Ernst Knackstedt WP / StB Peter Petersen
VGF = Verbandsgeschaeftsfuehrer, AD = Abteilungsdirektor / in, WP = Wirtschaftspruefer / in, StB = Steuerberater / in
In addition, it awards the Baden-Wuerttemberg Start-up Prize once a year,
organises the Municipal Forum and many other events. The Savings Banks
Association employs around 330 people – most of them are banking
specialists. Over 80 of them work in the field audit service.
The Sparkassenakademie
(savings banks academy)
offers:
• 20 training rooms
• 148 residential studios
• 45 daycare spaces
• conference rooms for up to
250 people
• conference hall for up to
600 people
• own kitchen,
2 restaurants
The Sparkassenakademie at Pariser Platz in Stuttgart was inaugurated in 2014. Photo: Horst Rudel
21Activities of the association
Activities of the
Savings Banks Association
The Savings Banks Association of Baden-Wuerttemberg not only bundles
the interests of the 50 savings banks and the affiliated companies, it also
organizes several central events that are important for the public visibility
of the Savings Banks Finance Group.
Central events
The largest event of the Savings Banks Finance Group is the Baden-
Wuerttembergischer Sparkassentag (Baden-Wuerttemberg Savings
Banks Day), which takes place every three years. In each case, around
1,200 visitors meet for an afternoon of thematic expert lectures. In 2012,
the Savings Banks Day took place under the motto „Europe. No trust
without stability“ in Mannheim; in 2015 in Stuttgart under the motto
„Freedom and responsibility“. In 2018, the Savings Banks Finance Group
met in Offenburg. The event was entitled „The Future of Europe – Shaping
Change, Gaining Trust“. In 2021, the Savings Banks Day will take place in
Ulm under the motto „Taking responsibility in a world of upheaval“.
In addition to the Savings Banks Days and special expert forums –
such as the Trade and Municipal Forum – the Savings Bank Association
Baden-Wuerttembergischer Sparkassentag regularly invites participants to financial policy Q&A sessions.
(Baden-Wuerttemberg Savings Banks Day)
2018 under the motto “The Future of Europe”
For example, in 2019 together with the Europa-Zentrum Baden-
(from left): The chairman of the association Wuerttemberg for a discussion evening in the run-up to the European
assembly, Mayor Wolfgang Dietz, historian elections. For World Savings Day 2017 the association and the Baden-
Prof. Christopher Clark, the president of the
World Institute of Savings Banks, Heinrich
Wuerttemberg Association of Cooperatives organized a symposium
Haasis, Baden Wuerttemberg’s Sparkassen on monetary policy of the European Central Bank with the title
President Peter Schneider, moderator Claudia “Saving must be worthwhile again!”
Kleinert, Prime Minister Winfried Kretschmann,
Offenburg’s Mayor Edith Schreiner, DSGV
President Helmut Schleweis and economist In view of the increasing regulation by the European Union and
Prof. Volker Wieland the European Central Bank, the Savings Banks Association of Baden-
Wuerttemberg, together with
the Association of Skilled Crafts,
the Association of Chambers of
Industry and Commerce and the
Baden-Wuerttemberg Association
of Cooperatives, presented a paper
in July 2016 showing the effects
of regulation on the economy.
Specifically, the four associations
call for regulation with more sense
of proportion and more understan-
ding for the needs of small and
medium-sized enterprises. Since
2017, the four associations have
discussed the demand in annual
talks in Brussels with MEPs and
representatives of the EU
Commission and received
much encouragement.
22Gruenderpreis (Founders Prize) The winners of the Gruenderpreis (Founder’s
Prize) 2019 with Minister of Economic Affairs
The savings banks in Baden-Wuerttemberg support
Dr. Nicole Hoffmeister-Kraut, Savings Bank
around 2,000 start-ups every year. Together with the state, President Peter Schneider and the members
they are among the most important sponsors of young companies. of the executive boards of the savings banks
The Baden-Wuerttemberg Founders‘ Prize, which has been in whose business areas the prize winners are
based.
around for over 20 years, offers a platform for promising start-ups.
Every year, five young companies are awarded prize money totaling All photos:
25,000 euros in the “business start-up” category. In addition, Wolfgang List, www.perfectfotos.com
a successful entrepreneur is being honored for his life‘s work –
in 2020 it was Klaus Koelle, who successfully expanded the family
company Pflanzen-Koelle between 1984 and 2006. In 2021
Dr.-Ing. Hans Jochem Steim from Hugo Kern and Liebers GmbH
in Schramberg received the award.
Kommunalforum
(Municipal Forum)
Central questions on current socio-
political issues are the focus of the
Municipal Forum, which takes place
regularly in October in Baden-Baden.
For more than 20 years, the event has
been a fixture in the calendars of the
counties, cities and municipalities
in the state. Around 500 municipal
decision-makers come to the Con-
gress Center in Baden-Baden every
year. In 2021, the motto of the confe-
rence is „Sustainable Municipality –
Responsibility for tomorrow“.
Speakers include climate researcher
Prof. Dr. Markus Rex, sociologist
Prof. Dr. Harald Welzer, Chairman of the Board of SV SparkassenVersicherung, The Kommunalforum (Municipal Forum)
will take place in the Kongresshaus in
Dr. Andreas Jahn, and Dr. Sven Killinger, CEO of the high-tech start-up Baden-Baden.
Greenventory. Other speakers include the Chairman of the Association
Assembly of the Savings Banks Association of Baden-Wuerttemberg, Lord
Mayor Wolfgang Dietz, Lord Mayor Margot Mergen from Baden-Baden, Lord
Mayor Uli Burchardt from Constance, Mayor Michael Benitz from Staufen im
Breisgau and Uwe Burkert, General Manager of Kreissparkasse Waiblingen.
23German Sparkassenstiftung for International Cooperation
Savings Banks Finance Group
supports finance academy in Burundi
Good cooperation – also when it comes
to cooperation for Burundi: Heinrich Haasis,
Chairman of the Board of Sparkassenstiftung,
and Peter Schneider, President of the Savings
Banks Association of
Baden-Wuerttemberg.
Photo : Franziska Kraufmann
Burundi is located in East Africa, has around ten million inhabitants and
has been an official partner country of Baden-Wuerttemberg since 2014.
It is one of the poorest countries in the world. Like its neighboring
country Rwanda, it was shaken by a civil war and has been marked
by unrest since then.
Together with the Burundian microfinance association “Réseau des
Institutions de Microfinance au Burundi” (RIM) and the German
Sparkassenstiftung for International Cooperation, the Savings Banks
Association of Baden-Wuerttemberg supports the establishment of a
training academy for microfinance employees – a successful model that
has also been implemented in neighboring Rwanda (with the help of the
Savings Banks Association Rhineland-Palatinate).
As part of the cooperation, the Savings Banks Association of Baden-
Wuerttemberg finances a staff member in Burundi who coordinates the
project on site. The association also bears the costs for two experts, who
mostly volunteer and contribute their annual vacation in several project
assignments on site to provide their knowledge in the areas of project
management, marketing and financial education.
Despite the difficult political situation in Burundi, a good 50 microfinance
institutions have been set up in the country, whose umbrella organization
is the RIM association. These institutes now have their own educational
academy. “Here our employees can learn what they need to advise their
24A business simulation game from the
Sparkassenstiftung is used to train trainers.
With it, farmers are to be trained in matters of
economics. A particular challenge is bridging
the long periods between harvest receipts.
Photos: Tobias Peylo
customers,” explains Bernard Kinyata, manager of the microfinance insti- A report on Prof. Dr. Tobias Peylo‘s trip to
Burundi is published on the YouTube channel
tute RececaInkingi and chairman of the microfinance association‘s super- of the Savings Banks Association of Baden-
visory board. “Before, we often had the problem that our own employees Wuerttemberg: www.youtube.de/svbwdeu
were too poorly trained to really help the micro-entrepreneurs. Thanks to
The channel also features a magazine pro-
the cooperation with the Sparkassenstiftung, that has now changed.“
gramme by the TV station bw family.tv on
the establishment of the finance academy
The German Sparkassenstiftung for International Cooperation works in Burundi.
around the world to develop and professionalize a stable financial system
that – just like the savings banks in Germany – is there for everyone and
not only benefits the upper class. The women and men who struggle with
heart and soul and great courage in the smallest companies for a livelihood
for themselves and their families are not dependent on gifts – but they
do need fair conditions and access to simple, understandable and honest
financial services.
The microfinance academy in Burundi. Despite
This principle of „helping people to help themselves“ is a central founding the short period of its existence, it is well on
the way to economic independence – thanks to
idea of the savings banks, which is why the Savings Banks Finance Group of
the high level of commitment of the employees
Baden-Wuerttemberg has been supporting the education project in Baden- on site and the support of the Savings Banks
Wuerttemberg‘s partner country Burundi with great commitment and dedi- Finance Group of Baden-Wuerttemberg.
cation since 2014. After four years, the
microfinance association RIM was able
to transform the concept of the microfi-
nance academy from a dream to a reality
with the support of the Sparkassen-
stiftung and the experts sent and finan-
ced by the SVBW, despite the most
difficult framework conditions. Today,
training courses take place that not only
convey important financial knowledge,
but even cover their costs – an essential
prerequisite for economic sustainability.
The academy cannot yet carry itself
completely without help, but it is well
on the way to achieving it. The SVBW
will continue to support them in this.
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