Frankfurt am Main (ots) - - First loan agreement for EUR 45 million signed in Baghdad - Major contribution to stabilising the region Today KfW Development Bank signed a first EUR 45 million loan agreement on behalf of the German Federal Foreign Office. The funds will finance substations, power lines and pylons to restore electricity supply to the greater Mosul area. ...
Frankfurt am Main (ots) - - The UN Climate Change Secretariat awards prize for the rewetting of peatlands in Russia to prevent fires and mitigate climate change - Huge contribution to climate protection - Risk of fire reduced for area of 100,000 hectares Today, the UN Climate Change Secretariat awarded the project "Restoring of peatlands in Russia" to prevent fires and ...
Frankfurt am Main (ots) - - Adapting urban infrastructure to the impacts of climate change - Reducing the risk of flooding KfW and the Green Climate Fund (GCF) have signed their first financing agreement, thereby marking the start of their joint promotion of climate change adaptation measures in Bangladesh. With a ...
Frankfurt am Main (ots) - - Representative survey: respondents agree change is necessary - High willingness to change personal behaviour also confirmed - One in three respondents has already changed their mobility behaviour - Scepticism towards e-mobility still widespread In the face of increasingly congested roads, ...
Frankfurt am Main (ots) - - Total promotional business volume of EUR 54.7 billion - Domestic promotion at EUR 41.1 billion - Strong demand in the SME sector and residential costruction - KfW IPEX-Bank: Slight increase in commitments to EUR 8.8 billion - Consolidated profit of EUR 1,099 million In the first nine months of 2017, the promotional business of KfW Group reached a total volume of EUR 54.7 billion (prior-year ...
Frankfurt am Main (ots) - - In 2016, one in six businesses was founded by mompreneurs - Personal services were the main focus - Start-ups as opportunity to balance work and family life Start-up activity in Germany has been on the decline for some 15 years now as a result of Germany's vibrant labour market. The number of business start-ups fell from 1.5 million in 2002 to 672,000 in 2017. The share of start-ups by women, ...
Frankfurt am Main (ots) - Dr Norbert Kloppenburg is leaving after 28 years - having been Member of KfW's Executive Board for nearly 11 years Dr Joachim Nagel will take up his post as a member of KfW Group's Executive Board with effect from 1 November 2017, assuming responsibility for international business. On 29 June 2016, Dr Nagel (51) was appointed as a member of ...
Frankfurt am Main (ots) - - Voluntary acknowledgement to honour caregiving performed by employees - Diverse support services related to 'work and caregiving' Today, KfW and its subsidiary KfW IPEX-Bank signed the charter on balancing work and caregiving in the state of Hesse. In the Haus der Wirtschaft in Frankfurt, Dr Günther Bräunig, Deputy CEO of KfW Group, ...
Frankfurt am Main (ots) - - Growth forecast raised from 1.8% to 2.2% for 2017 and from 1.7% to 2.0% for 2018 - Sentiment remains outstanding as hard cyclical indicators catch up - Strong euro could be a headwind The upswing in the euro area is consolidating and entering its fifth consecutive year. All countries of the single currency area are now benefiting from ...
Frankfurt am Main (ots) - - VC fundraising climate ascends to new heights - Assessment of VC deal flow assessment dips - Satisfaction with entry prices at rock bottom The mood on the German private equity market reached a new high in early summer. The business climate index of the German Private Equity Barometer climbed by 3.4 points to 65.2 balance points in the ...
Frankfurt am Main (ots) - On 1 August 2017, KfW Group and L-Bank, the promotional bank of the state of Baden-Württemberg, concluded a global loan agreement for EUR 200 million based on KfW's ERP digitalisation and innovation loan. KfW launched this programme on 1 July 2017 to support SMEs in financing a wide range ...
Frankfurt am Main (ots) - - Fast-growing enterprises are crucial for economic growth and job creation - Employment of graduates, international orientation and R&D activities are the main drivers of fast growth Successful, fast-growing enterprises are very important for economic development. While the success of enterprises cannot be planned with certainty, high-growth enterprises in Germany have several features that set ...
Frankfurt am Main (ots) - - Total promotional business volume of EUR 36.5 billion - Domestic promotional business volume increases to EUR 27.6 billion - Consistently high demand for residential construction and commercial loans - Commitments at KfW IPEX-Bank increase to EUR 5.7 billion - Consolidated profit of EUR 801 million KfW Group's promotional activity reached a ...
Frankfurt am Main (ots) - - KfW to use blockchain technology for the first time to improve transparency in the use of budgetary funds - Pilot project planned in Africa On behalf of the Federal Ministry for Economic Cooperation and Development (BMZ), KfW is going to test what is known as blockchain technology in partner countries in Africa. This technology enables reliable records to be kept of all work and approval steps ...
Frankfurt am Main (ots) - - SMEs' expectations and, above all, situation assessments have risen strongly - Large enterprises are marginally less optimistic - Euphoric sentiment overdraws what is nevertheless a strong business cycle In June, business confidence among small and medium-sized enterprises in Germany rose by a distinctive 4.8 points - nearly two and a half times the usual monthly variation - to now 28.0 balance ...
Frankfurt am Main (ots) - - Move is to strengthen Germany as a location for start-ups and fast-growing innovative technology firms - Planned investment volume of EUR 2 billion over the next 10 years - Subsidiary is scheduled to be founded in early 2018 and commence operations in the middle of the year In the years ahead, KfW will substantially expand its activities in the field of equity finance. For this purpose it will ...
Frankfurt am Main (ots) - - New business loans up 3.1% in first quarter of 2017 - With the economy doing well and borrowing costs expected to rise, growing investment confidence is finally boosting demand as well - KfW Research expects the credit market to gain further momentum into summer Estimates by KfW Research indicate that new lending from German banks and ...
Frankfurt am Main (ots) - - 1947: US Secretary of State George C. Marshall launches the "European Recovery Program" (ERP) - 1948: KfW is founded to channel the ERP funds - Promotional business volume of KfW since its foundation totals over EUR 1.5 trillion 2017 marks the seventieth anniversary of the announcement of the Marshall Plan, one of KfW's most significant historical foundations. On behalf of the German Federal ...
Frankfurt am Main (ots) - - Breaking ground for the fourth solar power plant in Ouarzazate - NOORo I - IV becomes the largest solar power complex in the world - Electricity for 1.3 million people In the presence of the Moroccan King, Mohammed VI, the first sod was cut in Ouarzazate for the construction of a fourth power plant - NOORo IV - inside the world's largest solar power complex. KfW signed the loan agreement for ...
Frankfurt am Main (ots) - - Promotional business rises to EUR 81 billion - Consolidated profit reaches EUR 2 billion - Total assets are slightly higher than last year's level at EUR 507 billion KfW Group once again registered very strong demand for its financing products in financial year 2016. The volume of new promotional commitments rose to a total of EUR 81 billion ...
Frankfurt am Main (ots) - - Christian K. Murach entering retirement - Andreas Ufer in new role on the Management Board - Claudia Schneider newly appointed to the Management Board A number of changes in personnel are taking place on the Management Board at KfW IPEX-Bank: The member of the Management Board responsible for the area "Markets II and Treasury" at KfW IPEX-Bank, Christian K. Murach, will begin his retirement at ...
Frankfurt am Main (ots) - - KfW study: only 16% of SMEs rely on e-commerce - Share in total turnover is still low - Retailers, wholesalers and young businesses are pioneers E-commerce, the selling of products using online channels, still plays only a minor role in the German SME sector. A representative study conducted by KfW Research on the basis of the KfW SME Panel shows that small and medium-sized enterprises ...
Frankfurt am Main (ots) - - KfW promotional business volume rises to EUR 81 billion (+2%) - EUR 55.1 billion for domestic promotion - Strong demand for the promotion of energy efficiency in the home (EUR 15.5 billion) and at companies (EUR 5.2 billion) - Very good year in Development Cooperation - Demand for financing normalises at KfW IPEX-Bank KfW Group registered ...
Frankfurt am Main (ots) - - Responsible issuer of liquid bonds with global market positioning - Strong commitment to qualitative development of green bond market - Anchor investor in the European securitisation market for SME financing - Funding volume planned for 2017: EUR 75 billion The upcoming year will be characterised by major political events that will have a ...
Brussels (ots) - Today, the national promotional institutions of the five largest European economies (Bpifrance in France, British Business Bank in the UK, Cassa depositi e prestiti in Italy, Instituto de Credito Oficial in Spain and KfW in Germany) presented their joint study on the European venture capital market, making recommendations for boosting EU venture ...
Frankfurt am Main (ots) - - SMEs are bucking the trend and keeping their trainee numbers constant at around 1.2 million - Manual trades are particularly popular - Refugees are reason behind first increase in job training participants in ten years Trainee numbers in Germany continues to decline and currently stand at 1.34 million. A record low was seen in 2015 with a ...
Frankfurt am Main (ots) - - Moderate improvement in business climate among SMEs - Business assessments at their highest level since April 2014, expectations virtually stable - Sales price expectations returning to normal - Solid growth in Germany thanks to construction and consumption The Brexit vote and the developments in Turkey have failed to upset German SMEs. The SME business climate, the central indicator of the ...
Frankfurt am Main (ots) - On behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), KfW has signed a grant contract worth EUR 6 million with the Pakistan Water and Power Development Authority (WAPDA). It covers the first phase of development of the Pakistani glacier monitoring system ...
Frankfurt am Main (ots) - - Sentiment among late and early-stage financiers deteriorates in the first quarter - However, prospects for market growth remain good Sentiment on the German private equity market has cooled significantly. The German Private Equity Barometer's business climate index fell 14.3 points to 45.4 balance points in the first quarter of 2016. The indicator for both segments of the market was down on the ...
Frankfurt am Main (ots) - - Strong labour market brings down necessity start-up rate - Number of innovative start-ups has risen slightly - One out of five start-ups build on digitalisation The sustained strength of the labour market greatly reduced start-up activity in Germany in 2015. The number of start-up entrepreneurs dropped to 763,000 persons, a decrease by ...