On recordThis profile has not been updated for more than one year, with the information provided here possibly out of date
Created before Nov 2016
Last update: 2016-10-31 17:15:11
Send feedback on this profile
Download as PDF
Share this page:
The KfW is a German government-owned development bank, based in Frankfurt. Its name originally comes from Kreditanstalt für Wiederaufbau, meaning Reconstruction Credit Institute. It was formed in 1948 after World War II as part of the Marshall Plan. KfW Bankengruppe has three main tasks: the ensuring of financing for domestic production, for export and project finance so that German and European countries can compete on global markets and development finance. It performs these tasks together with it subsidiaries of which the most important are Kfw IPEX-Bank GmbH (conducts all market activities of KfW Group that are carried out on commercial terms), DEG (promotes private-sector initiatives in developing and transition countries).
60325 Frankfurt am Main
Dr Ulrich Schröder |
|Annual report||Annual Report 2013|
It is owned by the Federal Republic of Germany (80%) and the States of Germany (20%).
Related Dodgy Deals
Dodgy Deals map
Voluntary initiativesKfW has committed itself to the following voluntary standards: