Deutscher Sparkassen- und Giroverband

Building at Charlottenstrasse 47 in Berlin, head office of DSGV

The Deutscher Sparkassen- und Giroverband (DSGV, lit. 'German association of savings banks and money transfers') is the association of German savings banks (German: Sparkassen) and the apex entity of the Sparkassen-Finanzgruppe, the European Union's second-largest financial services group (after BNP Paribas) with 2.4 trillion euros combined assets as of end-2021. Germany's savings banks, owned by local governments, play a major role in the country's economy, together operating some 15,860 branches and employing about 284,800 people.[1]

  1. ^ "Finanzbericht 2021" (PDF). dsgv.de.