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Last update: 2016-10-31 17:15:11

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About KfW

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).

Website	https://www.kfw.de/kfw.de-2.html
Headquarters	Palmengartenstraße 5-9 60325 Frankfurt am Main Germany
CEO/chair	Dr Ulrich Schröder CEO
Supervisor
Annual report	Annual Report 2013
Ownership	It is owned by the Federal Republic of Germany (80%) and the States of Germany (20%).

Related Dodgy Deals

KfW has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.