Frankfurt (ots) - The economic slowdown and weakness in business investment continue to leave their imprint on the german credit market. KfW expects new lending to enterprises and self-employed professionals to drop by a further 3.5% in the second quarter of 2013 (against the previous year). That is the third ...
Frankfurt (ots) - Today, Román Escolano, Chairman of the Spanish Instituto de Crédito Oficial (ICO), and Dr Ulrich Schröder, CEO of the German KfW Bankengruppe (KfW), signed a cooperation agreement in Frankfurt. The agreement aims to renew and expand the exchange of personnel and experts between the two specialised credit institutions. "The signing of this agreement ...
Frankfurt (ots) - - Promotional volume of EUR 73.4 billion with continuing high demand - Increase of SME financing (+7%) - Energy-efficient construction and refurbishment with record volume (+52%) - 40% of promotional activities for environmental and climate protection - Continuation of modernisation process In 2012 KfW Bankengruppe extended a total financing volume of ...
Frankfurt/Main (ots) - In the context of a further holding arrangement KfW yesterday acquired shares of Deutsche Telekom AG (Telekom) and Deutsche Post (Post) from the German Federal government. The arrangement covers altogether 4.7 % (approximately 199 million shares) of the share capital of Telekom and 30 % (approximately 334 million shares) of the Post. As a ...