German Sparkassenstiftung for International Cooperation (DSIK)

German Sparkassenstiftung for International Cooperation (DSIK) is the development policy arm of the German "Sparkassen-Finance Group". For over 200 years, the German Sparkassen model, when professionally implemented, has been shown through research to successfully increase financial inclusion in a sustainable manner. Established in 1992 in Germany, DSIK is a “non-profit foundation” aimed at spreading the Sparkassen model worldwide. DSIK shares the key factors of its success with project partners and aims to improve the quality of life of the target group. DSIK is one of the largest organizations in Germany. DSIK employs more than 320 people worldwide, including more than 40 at its Bonn headquarters. Since its formation in 1992, DSIK has implemented more than 200 long-term projects in more than 90 countries. DSIK currently implements more than 45 projects in more than 50 countries around the world. To get detailed information about the projects German Sparkassenstiftung carries out in more than 50 countries; Worldwide Projects

With the establishment of DSIK in 1992, the commitment of the German Sparkassen-Finanzgruppe (Savings Banks Finance Group) to issues related to development policies intensified, systematized and professionalized. This goal of DSIK contributes to creating employment, increasing income and ultimately fighting poverty. DSIK's business strategy also includes studies aimed at the development of stakeholder institutions with which it partners in projects, targeting low and middle-income groups as well as micro, small and medium-sized enterprises. This strategy proves that providing professional services to the target group is a sustainable and viable business model.

In carrying out its project work, Sparkassenstiftung acts according to its Mission:

Think globally, act locally, cooperate internationally.

The overriding Objective of Sparkassenstiftung is to contribute to:

Universal financial access

DSIK's goal is to assist its partner institutions to become more professional and therefore able to give their customers permanent access to financial services. The main target groups are small and medium-sized enterprises (SME), as well as socially disadvantaged groups. The work of DSIK is in line with the 2030 Agenda for Sustainable Development which provides a basis for achieving global economic progress while maintaining social justice and respecting the earth’s ecological limitations. DSIK contributes to achieving the Sustainable Development Goals highlighted below with its implemented projects.

*The data in the table reflects the year 2022.