The savings banks in Baden-Württemberg served as a supportive force for the economy during the Corona crisis and granted a delay in tens of thousands of loans.
At its peak, the savings banks deferred loans amounting to 1.7 billion euros, said a spokesman for the Sparkassenverband Baden-Württemberg (SVBW) on the occasion of the Sparkasse Day in Ulm on Wednesday.
Ulm - Together with the Landesbank Baden-Württemberg, around 8,100 promotional loans with a volume of 2.2 billion euros have been brokered since March 2020.
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The unemployment rate fell by 0.2 percentage points to 3.7 percent.
In September a year ago it was 4.6 percent.
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Southwest extends corona aid for companies
Baden-Württemberg wants to continue to provide financial support to companies affected by the Corona crisis.
State programs have been extended until the end of the year, said Minister of Economics Nicole Hoffmeister-Kraut (CDU) on Thursday in Stuttgart.
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SVBW President Peter Schneider emphasized that times of crisis are times of savings banks.
The savings banks would not only have guaranteed the supply of cash, but also secured the solvency of the economy and thus, as the main financier of medium-sized companies, prevented the worst.
At the same time he thanked the state government for the financial support of the economy in the state.
Economics minister Nicole Hoffmeister-Kraut (CDU) also referred to the important role of the savings banks in the “now imminent transformation of the economy” on the occasion of the Sparkasse Day.
This will only succeed with a sufficient financing offer from the banks, she said.
The association invites you to the Sparkasse Day every three years.
Most recently in Offenburg in 2018.
The next Sparkasse Day is to take place in Freiburg in 2024.
dpa
