SGB Group

The SGB Group, for Spółdzielcza Grupa Bankowa, is the second-largest Polish cooperative banking group behind the BPS Group. It relies on the Poznań-based central financing entity SGB-Bank, which served 174 local cooperative banks as of mid-2025.
The group's origin was the establishment in 1990-1991 of Gospodarczy Bank Wielkopolski in Poznań, which renamed itself as SGB-Bank in 2011 following multiple mergers.

Overview

GBW was the first of a number of regional banks created in the 1990s to compete with BGZ Bank for the provision of wholesale financial services to local cooperative banks.
By 1993, 117 local cooperative banks had opted to become affiliated with GBW instead of their prior reliance on BGZ Bank for central financial services. France's Crédit Mutuel group became a shareholder of GBW.
By 2000, GBW had formed a so-called "G-2" group together with Bałtycki Bank Regionalny in Koszalin, GBW subsequently absorbed its G-2 partner BBR in 2001, then Pomorsko-Kujawski Bank Regionalny in Bydgoszcz in 2002.
In 2011, it acquired , after which it renamed itself.
was the GBW's first president.
The group also includes IPS-SGB, the entity that manages its institutional protection scheme.