The Savings Bank Foundation for International Cooperation East Africa (SBFIC East Africa) operates within the framework of SBFIC Head Office in Bonn, Germany. The foundation of SBFIC is the German Savings Banks Finance Group, a group of hundreds of retail banks, associations, and specialized financial institutions, committed to provide financial services particularly to people of all social backgrounds and to small and medium-sized enterprises (SMEs).
The Savings Banks Finance Group is market leader in their target segments, and has been successfully operating for more than 200 years in Germany and abroad. Savings Banks combine their high degree of professionalism with a strong social mandate for the communities. The majority of the institutions forming the Savings Banks Finance Group are shareholders of SBFIC.
SBFIC East Africa is currently working in four project countries, namely Burundi, Rwanda, Tanzania, and Uganda.