About us

German Sparkassenstiftung Southern Caucasus and Ukraine supports individuals, small and micro businesses and financial institutions in rural areas in Armenia, Azerbaijan, Georgia and Ukraine.

Our goal is to promote resilient entrepreneurial skills and business acumen in challenging business environments, to improve access to financial services, as well as economic participation in rural areas for our target group.

We work closely with various partner institutions from government, private sector and civil society in our project countries. We assist them in strengthening their own capacities to design and implement needs-based financial and business development services.


German Sparkassenstiftung Southern Caucasus and Ukraine operates within the framework of Deutsche Sparkassenstiftung Head Office in Bonn, Germany.

» Read more

Current Projects

1. Promotion of rural finance for sustainable MSE development in the South Caucasus and Ukraine.

2. With new projects in Armenia and Azerbaijan, German Sparkassenstiftung is expanding its portfolio on “Green Finance”.

» Read more

Closed Projects

The regional project "Responsible Finance in the South Caucasus and Ukraine" was commissioned by the BMZ from March 2015 and successfully ended on February 28, 2021.

» Read more

Funding Partners

Our project is financed from the German Federal Ministry for Economic Cooperation and Development (BMZ).


» Read more

German Sparkassenstiftung for International Cooperation
Regional Office Southern Caucasus and Ukraine
Ilia Chavchavadze Avenue 47a
0179 Tbilisi, Georgia

Phone: +995 32 2224272

» Contact Us!