Sparkasse Leipzig

The Stadt- und Kreissparkasse 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.Organizational structureThe 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.Business strategy and business successThe 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.