S-Group Model

The S-Group concept adopted by the S-Finanzgruppe Hessen-Thüringen provides an advanced business model and is unique in the level of collaboration it establishes with Sparkassen. 

• The S-Group model is underpinned by a common framework under statutory law, which reinforces the mutual obligation between the members under public law.
• The common risk management system involving a single risk management committee marks a new development in cooperative structures within a regional Sparkasse financial group.
• Combined financial statements, which were first prepared for the Sparkassen-Finanzgruppe Hessen-Thüringen in 2004, are another new element.
• Reciprocal liability through a regional reserve fund and the joint group rating strengthen solidarity within the alliance.
• Helaba’s creation of the S-Group Bank unit puts in place the organisational framework it needs to meet the challenges inherent in its new role as central bank for the S-Group.

Helaba’s S-Group Bank unit brings together the relevant processing and management systems and drives the development of new products and services for the Sparkassen. It has independent management and profit responsibility for S-Group business.