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Sparkasse Leipzig

Stadt- und Kreissparkasse Leipzig
Anstalt des öffentlichen Rechts
Industry Banking, Financial services
Founded 1826
Headquarters Leipzig, Germany
Key people
Harald Langenfeld Executive chairman
Products consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, Securities, asset management, wealth management, Credit cards
Total assets € 8.9 billion (2014)
Number of employees
1,663 (2014)
Website www.sparkasse-leipzig.de

The Stadt- und Kreissparkasse Leipzig ("City and Regional Saving Bank of Leipzig") is a German public bank, a type of savings bank, based in Leipzig, Saxony. It is one of the largest financial institutions in the new German Lander.

The Sparkasse Leipzig is a trustee institution under public law. Carrier is the Sparkassenzweckverband für die Stadt- und Kreissparkasse Leipzig and the Land Nordsachsen. The Savings Bank is a member of the East German Savings Bank Association (Ostdeutscher Sparkassenverband). The legal basis of the credit institution is the savings bank law of the Federal State of Saxony and the Statute of the Sparkasse.

The management bodies of the Savings Bank are the Board of Directors and the Executive Board. The Chairman of the Board is the Leipzig Mayor Burkhard Jung. The executive chairman is Harald Langenfeld. Private Clients Management Board is Martin Bücher. Corporate board is Andreas Koch. Andreas Nüdling is deputy member.

The Sparkasse Leipzig is the third largest savings bank in the new Länder after the Ostsächsische Sparkasse Dresden and the Mittelbrandenburgische Sparkasse.

It is the market leader in retail banking, as well as in corporate and business customers of their business area and works together with business of Sachsen Bank, der LBS Ostdeutsche Landesbausparkasse AG, der Sparkassen-Versicherung Sachsen und der DekaBank.

Its business area comprises the city of Leipzig, the Nordsachsen and Altlandkreis Leipziger Land for a size of approximately 3,085 square kilometers.

The Sparkasse Leipzig had total assets for 8.902 billion euros and customer deposits for 7.153 billion euros in the fiscal year 2014 . According to the Savings Bank Ranking 2014, it is by total assets ranked 18th; it maintains 135 branches and employs 1,663 staff.

The Savings Bank opened in 1826 not far from the present-day headquarters premises at Löhrs Carré. Influential citizens of the city had suggested the establishment of an institution, which should allow the interest-bearing and secure investment of funds.


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