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The German Sparkassen: A Commentary and Case study - Civitas

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Part I: A commentary<br />

<strong>The</strong> national success is further supported by information provided by the Berlin Sparkasse as set<br />

out in the following chart.<br />

350<br />

Successfully Supported Business Start-ups in in Berlin<br />

300<br />

250<br />

200<br />

150<br />

100<br />

50<br />

0<br />

2002 2003 2004 2005 2006 2007 2008 2009 2010<br />

<strong>The</strong>re are approximately 1,000 inquiries each year with a very high survival rate of 85 per cent<br />

within the first three years after the establishment of businesses.<br />

<strong>The</strong> Savings Banks Finance Group is:<br />

<strong>German</strong>y’s largest non-governmental sponsor of art <strong>and</strong> culture, <strong>and</strong> its largest non-governmental<br />

sports sponsor<br />

One of the country’s largest sponsors in the social sector<br />

One of the country’s largest scholarship sponsors<br />

17

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