Social commitment is a key component of the Savings Banks’ public mission. This is essential if the Savings Banks Finance Group is to fulfil its purpose, which includes a clear focus on the common good in addition to partnership-based cooperation, excellent financial services and comprehensive advice. Its 771 foundations are a direct expression of this.
In Germany, Savings Banks have long stood not only for economic stability, but also for social stability and an attractive image. The requisite focus on the common good is reflected in the thousands of projects sponsored each year in the fields of art and culture, sport, social affairs, education, business, science and the environment. In addition to the Savings Banks, the regional associations and the affiliated companies, the charitable foundations of the Savings Banks Finance Group are also active in each of these areas with their diverse sponsorship commitments.
This is particularly true in the area of art and culture. The Savings Banks Finance Group has been the largest non-governmental sponsor here for many years. Cultural sponsorship is also one of the foundations’ largest items with around EUR 32 million in 2023. The second largest area of sponsorship is the social sector with around EUR 25 million.
In 2023, the foundation distributions totalled EUR 75.5 million. Through their foundation work, Savings Banks in Germany are closely linked to all the regions. Their commitment is entirely focused on the well-being of the people who live there. To ensure that this remains the case, the Savings Banks Finance Group is the most active corporate organisation in Germany in terms of foundations.