Sparkasse Lörrach-Rheinfelden

Sparkasse Lörrach-Rheinfelden is a Sparkasse (savings bank) founded in 1834 in the district of Lörrach. It is the largest financial institution in this area. The Sparkasse is a member of the Baden-Württemberg Sparkassen Association and has its headquarters in Lörrach. The sponsors are the municipalities of Lörrach, Rheinfelden (Baden), Kandern, Fischingen, Inzlingen, Steinen, Schwörstadt, Schallbach and Wittlingen.

Sparkasse Lörrach-Rheinfelden reported total assets of EUR 3.482 billion in the 2022 financial year and had customer deposits of EUR 1.99 billion. According to the Sparkassen ranking for 2022, it is listed 143rd in terms of total assets. It has 18 branches/self-service locations and more than 400 employees.

In February 2022, Sparkasse Lörrach-Rheinfelden started the partnership agreement with German Sparkassenstiftung for International Cooperation, waving a high commitment of the bank to development work worldwide.

The project serves to support the transformation of various kinds of financial organisations in Laos, Vietnam, Bangladesh, Indonesia and Nepal and to work on balanced economic development of rural regions. According to this, Sparkasse Lörrach-Rheinfelden supports projects in Laos with expertise by sending staff members to the project. A win-win situation: to support informal institutions on site and, at the same time, be a valuable opportunity for staff development of the Sparkasse.

The coordinator for activities within the framework of the partnership agreement at Sparkasse Lörrach-Rheinfelden is Mr. Ingo Löfflad (Head Internal Audit), who has successfully provided support to one of our partner organisations in Lao PDR, the Women's Family and Development Deposit Taking Financial Institution. 

 

Source