SAB Sächsische AufbauBank
SAB is the central development agency, acting on behalf of the state of Saxony. SAB allocates and distributes development funding to businesses, technology companies and investors, housing developers and homeowners, as well as other social groups in Saxony. Funding takes the form of grants, subsidies, loans and guarantees.
As a financial facilitator SAB offers a wide range of products and services, including low-interest loans and loan guarantees, direct investment, grants and financial consulting. In addition to acting on behalf of various tiers of government, SAB offers packages developed by the bank itself, based on its experience of meeting local needs and helping local businesses.