Frankfurt am Main (ots) - - Innovative financing agreement amounting to EUR 400 million for the International Fund for Agricultural Development (IFAD) - Supporting small farmers, financing food production, agricultural development and rural development On behalf of the German Federal Ministry for Economic ...
Frankfurt am Main (ots) - - KfW advised its Irish partners on setting up the SBCI - KfW and the SBCI are signing a global loan for EUR 150 million to finance SMEs The Strategic Banking Corporation of Ireland (SBCI) is being officially launched in Dublin today by Michael Noonan (Ireland's Minister for Finance) and Brendan Howlin (Ireland's Minister for Public Expenditure and Reform). The Irish Government also invited Dr ...
Frankfurt am Main (ots) - - Up to EUR 7.5 million per project - 50% exemption from liability for on-lending banks - European Investment Fund and KfW each bear 25% of the credit risk from the exemption from liability From 1 December 2014, KfW will be offering the new Entrepreneur Loan Plus, which provides innovative medium-sized companies and self-employed professionals ...
Frankfurt (ots) - - KfW sells record volume of USD 1.5 billion in its first USD Green Bond issuance - Strong demand from US investors with a focus on SRI investments KfW has expanded its Green Bond activities to the USD market. Yesterday, KfW successfully introduced its debut bond with a volume of USD 1.5 billion making it the largest USD Green Bond issuance to date. ...
Frankfurt (ots) - - Total commitment volume of EUR 31.7 billion - Increase in demand for Energy-efficient Construction and Refurbishment by roughly 10% - EUR 2.3 billion increase in Export and project finance - Consolidated profit of EUR 889 million - Basel III Tier 1 ratio recalculated under IFRS: 15.1% The KfW Group achieved a total business volume of EUR 31.7 billion in the first half of 2014, up from EUR 31.5 billion ...
Frankfurt (ots) - - KfW successfully issues largest Green Bond ever with a volume of EUR 1.5 bn - Strong demand of socially responsible investors - Positive feedback paves the way for further Green-Bond-issues KfW debuts today with a new product in the capital market: KfW issued its inaugural Green Bond. A Green Bond is an interest-bearing security whose issue proceeds are used to finance environmental and climate ...
Frankfurt (ots) - - EUR 36.5 billion funded in capital markets in the first half of the year - KfW supports internationalisation of the RMB and of Frankfurt as a financial center - Funding volume for 2014 revised to EUR 55-60 billion KfW is launching a new product in the capital market for its funding activities in the second half of 2014: As one of the world's largest providers of environmental and climate protection ...
Frankfurt (ots) - - Motto: "Row House Renaissance" - Ten prizes with a total value of EUR 30,000 - Winners from Berlin, Schleswig-Holstein, Baden-Wuerttemberg, Hesse, Rhineland-Palatinate, Saxony, North Rhine-Westphalia and Lower Saxony The KfW Group has presented the 12th annual KfW Award for Construction and Housing in Berlin. The chosen winners are building owners ...
Frankfurt (ots) - - Portfolio: EUR 2 billion - Focus on renewable energies and the conservation of tropical forest - FIFA World Cup stadium in Belo Horizonte with solar roof KfW Development Bank is supporting Brazil in the area of sustainable development on behalf of the German Federal Ministry for Economic ...
Frankfurt (ots) - - The first of three planned sub-funds was established on 7 May 2014 in Luxembourg - Greece and KfW are to each provide financing of EUR 100 million - IfG will distribute the funds to small and medium-sized enterprises (SMEs) in Greece with the help of accredited Greek banks - Key objective is to provide Greek SMEs with improved access to investment ...
Frankfurt (ots) - - New business formations create more jobs - Number of part-time entrepreneurs rises substantially - Start-up finance is easier to obtain: just under EUR 10 billion used Entrepreneurs in Germany are tackling more promising projects than they did a few years ago. In 2013, for the first time more than half of all entrepreneurs put into practice a ...
Frankfurt (ots) - - First Listing of a RMB bond issued by KfW on the Frankfurt Stock Exchange - KfW supports the efforts to establish Frankfurt as a financial center for RMB transactions in Europe Today KfW issues its first bond in Chinese Renminbi (RMB) being listed on the regulated market of the Frankfurt Stock Exchange. The bond with a volume of RMB 1 billion ...
Frankfurt (ots) - - Total commitment volume of EUR 72.5 billion - Consolidated profit of EUR 1.3 billion - NPV accounting of interest rate reductions implemented - Significant reduction in total assets to EUR 464.8 billion - Tier 1 capital ratio pursuant to Basel III: 17.1% In 2013, the KfW Group recorded high demand for its financial products (as in previous years) and approved funding at a total volume of EUR 72.5 ...
Frankfurt (ots) - - KfW IPEX-Bank: Klaus R. Michalak appointed as CEO - KfW IPEX-Bank: Andreas Ufer becomes Managing Director - DEG: Christine Laibach appointed as Member of the Management Board - DEG: Dr Michael Bornmann to retire from the Management Board The supervisory boards of the KfW subsidiaries DEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH and KfW IPEX-Bank GmbH have made some key personnel ...
Frankfurt (ots) - - Drop in banks' new business with enterprises and self-employed professionals has slowed down - Corporate investments have seen a slight increase again for the first time in five quarters; KfW is expecting a 5% increase for 2014 - New lending business is expected to grow in the second half of 2014 Corporate investment activity in Germany is finally ...
Frankfurt (ots) - Tomorrow, 1 April 2014, Dr Ingrid Hengster will take up her post as Member of the KfW Group's Executive Board, where she will be responsible for domestic promotional business. Dr Hengster was appointed a Member of the Executive Board on 4 July 2013 by resolution of the Board of Supervisory Directors. Prior to starting with the KfW Group, Dr Hengster ...
Frankfurt (ots) - - 93,000 more business start-ups in 2013 - More entrepreneurs choosing self-employment on a part-time basis - Full-time start-up activity still remains low due to the positive situation on the job market Following two consecutive slumps, start-up activity in Germany is back on the rise. 2013 saw some 868,000 people turn to self-employment, corresponding to around 12% or 93,000 business start-ups more ...
Frankfurt (ots) - - 38% of promotional activities for climate and environmental protection - Municipal infrastructure financing grows by 22% - Financing from Mittelstandsbank at a high level: EUR 22.6 billion - International financing grows to EUR 20.5 billion - Digitalisation of the promotional business is progressing further In 2013 the KfW Group recorded high demand ...
Frankfurt (ots) - - USD 60 million promotional loan awarded to PTA Bank - Important contribution to achieving sustainable economic growth and promoting employment in COMESA member states KfW Development Bank has signed a USD 60 million promotional loan with the Eastern and Southern African Trade and Development Bank (PTA Bank). The Bank is providing companies in the ...
Frankfurt (ots) - - KfW is providing EUR 20 million for tiger conservation - Improving management of protected areas in tiger habitats - Local community benefits from inclusion On behalf of the Federal Ministry for Economic Cooperation and Development (BMZ), KfW Development Bank has provided a EUR 20 million subsidy to improve management of protected areas in tiger habitats and to conserve tiger populations with the ...
Frankfurt (ots) - - Cross-reference: Document with "PRI Unterzeichner Deutschland - Stand November 2013" is available at http://www.presseportal.de/dokumente - - Number of German investors observing sustainability criteria is growing steadily - Results of PRI "Fixed Income" working group: importance of ESG criteria in risk analyses of government and corporate bonds At ...
Frankfurt (ots) - - KfW predicts GDP growth of 0.6% this year and 2.0% in 2014 - Corporate investment set to rise in 2014 for the first time in three years - Economic risks lie primarily in Europe The German economy is in recovery mode. After a meagre 0.6% (price and calendar-adjusted) growth in GDP this year, it looks set in 2014 to rise by more than the long-term average for the first time in three years. "Germany is ...
Frankfurt (ots) - - Results are good: around 80% of projects were rated satisfactory or above - Financial Cooperation with fragile countries accounted for a significant part of this success despite the greater risk exposure KfW has published the 12th biannual evaluation report on Financial Cooperation (FC) with emerging and developing countries entitled "Fragile ...
Frankfurt (ots) - - The Law Concerning KfW came into force on 18 November 1948 - A reliable partner of the economy - Loans totalling EUR 1.3 trillion handed out since foundation Sixty-five years ago, in November 1948, the economic council of West Germany enacted a law founding KfW, thus creating the basis for sustainable and successful business promotion in Germany. Shortly thereafter, the promotional bank founded when this law came into force on 18 November 1948, began ...
Frankfurt (ots) - - USD 300 million for micro and small enterprises - Important contribution to more employment, economic growth and the reduction of poverty - USD 40 million for environmentally-friendly municipal infrastructure projects KfW Development Bank has signed a USD 340 million agreement with the Industrial Development Bank of India (IDBI) on behalf of the Federal Ministry for Economic Cooperation and Development ...
Frankfurt (ots) - - KfW-financed model programme winner of a UNFCCC award - USD 230 million for energy-efficient housing construction in Mexico - Based on the German KfW promotional programmes for energy-efficient construction The secretariat of the United Nations Framework Convention on Climate Change (UNFCCC) has announced today that it has given an award to a programme co-financed by KfW for sustainable housing construction in Mexico (EcoCasa). Around USD 230 million has ...
Frankfurt (ots) - - Aims to develop and launch new medicines in developing countries - KfW investing EUR 10 million - Achieving reductions in maternal and child mortality by combatting TB, malaria, AIDS and diarrhoea attractive for private investors On behalf of the Federal Ministry for Economic Cooperation and ...
Frankfurt (ots) - - EUR 1 billion more for SME financing - Increase in municipal infrastructure finance of EUR 1.2 billion - 39% of promotional activity relates to environmental and climate protection - Consolidated profit of EUR 498 million plus EUR 311 million to substitute public promotional financings - Profit trend corresponds to expected decline - Tier 1 ratio under Basel III: 16.7% The KfW Group generated a total ...
Frankfurt (ots) - - Signed memorandum of understanding on cooperation in environmental finance - Cooperation between two partner banks of the International Development Finance Club (IDFC) Today KfW and the Russian state corporation Bank for Development and Foreign Economic Affairs (Vnesheconombank, VEB) signed a ...
Frankfurt (ots) - Today Franco Bassanini, Chairman, and Giovanni Gorno Tempini, Chief Executive Officer at Italy's Cassa Depositi e Prestiti (CDP), and Dr Ulrich Schröder, Chief Executive Officer of the KfW Group, met in Berlin in the context of an enhanced dialogue. The working meeting aimed to intensify the ...