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The Sparkassen-Finanzgruppe ("Savings Banks Financial Group") is a network of public banks that together form the largest financial services group in Germany by assets. Its name refers to local government-controlled savings banks that are known in German as Sparkasse, plural Sparkassen. [2]
The Sparkasse zu Lübeck AG operates in its business area as a savings bank in the universal banking business. Among others, it cooperates with LBS Bausparkasse Schleswig-Holstein-Hamburg AG, Provinzial NordWest, insurer neue leben in Hamburg, HSH Nordbank, LGS Leasinggesellschaft Deutsche Leasing AG and DekaBank.
Kunsthalle der Sparkasse Leipzig, 2011. The Kunsthalle is located at one of the oldest savings bank locations in Leipzig. Acquired in 1914 by the Sparkasse, the building was its main location until the Second World War and its expropriation in 1950. Since 1994, it is again in possession of the Sparkasse, and it has been extensively renovated.
Deutsche Leasing's first leasing object and the first leasable investment in Germany was a 1962 Sweda cash register. Deutsche Leasing AG offers a range of leasing services, including: [33] [3] Machines leasing (agricultural technology, construction equipment, printing presses, plastic manufacturing plant, medical technology, machine tools)
Due to Italian banking reform, the bank was separate into a S.p.A. and a banking foundation (Stiftung Südtiroler Sparkasse – Fondazione Cassa di Risparmio di Bolzano) in 1992. [ 2 ] Banca Popolare di Lodi (BPL) was a minority shareholders of the bank, which Reti Bancarie acted as a sub-holding company for 19.99%.