Frankfurt am Main (ots) - The KfW Board of Supervisory Directors has appointed Dr Stefan Peiß as a Member of the Executive Board of KfW for five more years until 31 December 2024. The Chair of the KfW Board of Supervisory Directors Mr Olaf Scholz, Federal Minister of Finance, and the Deputy Chair Mr Peter Altmaier, Federal Minister for Economic Affairs and Energy, ...
Frankfurt am Main (ots) - - EUR 10 million for ARC Replica, the new approach by African Risk Capacity drought insurance - Insurance agreements concluded with the World Food Programme and START Network - More emergency aid measures and faster effective aid possible On behalf of the German Federal Ministry for ...
Frankfurt am Main (ots) - The Chair of KfW's Board of Supervisory Directors, Peter Altmaier, Federal Minister for Economic Affairs and Energy, and Deputy Chair Olaf Scholz, Federal Minister of Finance, hereby declare the following: The KfW Board of Supervisory Directors has appointed Bernd Loewen (52) as a Member of the Executive Board of KfW for five more years until ...
Frankfurt am Main (ots) - - Total promotional business volume of EUR 36.1 billion - Domestic promotion at a high level - Strong demand for housing finance continues - Commitments at KfW IPEX-Bank increase to EUR 6.7 billion - Businesses show high level of interest in promotion for innovation and digitalisation - Consolidated profit of EUR 822 Million KfW Group's promotional activity achieved a total volume of EUR 36.1 ...
Frankfurt am Main (ots) - - EUR 33 million for irrigation of 22,600 hectares of land in the Niger catchment basin - Around 90,000 smallholder farm families to benefit - Security of food supply for 260,000 people On behalf of the German Federal Ministry for Economic Cooperation and Develop-ment (BMZ), KfW signed a ...
Frankfurt am Main (ots) - - KfW Development Bank: almost 40% of all new commitments go to Africa and the Middle East - More than EUR 3.0 billion committed for projects relating to refugees - EUR 4.7 billion for global urban development - EUR 1.6 billion for business investments by DEG - 1.5 million employees in ...
Frankfurt am Main (ots) - Wednesday evening, Bpifrance, Caisse des Dépôts and KfW, in the presence of French Minister of Economy Bruno Le Maire and German Minister of Economy Peter Altmaier, have signed an agreement, open for further European partners, to cooperate more closely. KfW and the French Caisse des ...
Frankfurt am Main (ots) - - Launches with EUR 100 million for the Compact with Africa reform partnership, aiming for reforms at macroeconomic level in banking and finance On behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), KfW has today signed a promotional loan for EUR 100 ...
Frankfurt am Main (ots) - - KfW supports platform as conceptual sponsor - Alternative form of municipal financing diversifies creditor structure und allows for citizen participation - Partnership begins 11th July 2018 at www.leihdeinerstadtgeld.de As a conceptual sponsor, KfW Group supports new options for financing ...
Frankfurt am Main (ots) - - Liquid KfW benchmark bonds shape bank's long-term funding - Persistently high demand from international investors in volatile market environment - KfW revises funding requirements for 2018 slightly upward - KfW is active in European Commission's High-Level Expert Group on Sustainable Finance In the first six months of 2018, KfW already raised EUR 46.3 billion in the international capital ...
Frankfurt am Main (ots) - - Two loan agreements signed in Baghdad for a total of EUR 230 million - Further contribution to regional stability Today, KfW Development Bank signed two further loan agreements totaling EUR 230 million on behalf of the German Federal Foreign Office. The funds will be used to finance ...
Frankfurt am Main (ots) - - Second report on the environmental and social impact of KfW green bonds based on external evaluation provides utmost in transparency and comprehensible calculations - KfW green bonds contribute to the United Nation's Sustainable Development Goals (SDG) 7 und 13 - Reporting in line with the Green Bond Principles, as revised in June 2018 ...
Frankfurt am Main (ots) - - Focus on the development of ecotourism - Greater benefits for the local population - More efficient park management in three wildlife corridors - Transboundary measures to combat poachers, defuse conflict between humans and animals On behalf of the German Federal Ministry for Economic ...
Frankfurt/Main (ots) - - Total promotional business volume of EUR 18.9 billion - Domestic promotion up to EUR 14.9 billion - High level of interest in SME financing continues - Commitments at KfW IPEX-Bank increase to EUR 3.3 billion - Consolidated profit of EUR 228 million In the first three months of 2018, the promotional business of KfW Group reached a total volume of EUR 18.9 billion (prior-year period: EUR 18.2 ...
Frankfurt/Main (ots) - - EUR 35 million for small farmers in North and South Kivu - Securing the food supply for 180,000 people - Reintegrating returning internally displaced persons (IDPs) - Generating sources of income for the population On behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), KfW is providing EUR 35 million in the ...
Frankfurt/Main (ots) - - SMEs' situation assessments and expectations were down in April - Concern over a global trade war weighs on sentiment - Upswing is slowing down but remains robust Business sentiment continued to fall across Germany in April, according to the current KfW-ifo SME Barometer. Confidence among SMEs fell by 1.5 points to 15.0 balance points, the third consecutive drop. Situation assessments were lower ...
Frankfurt/Main (ots) - - Major contribution to realising the United Nations' Sustainable Development Goals. - 2017: EUR 33.2 billion for climate action and environmental protection projects - Ambitious sustainability programme for 2018 Today KfW published the first part of its Sustainability Report 2017 entitled ...
Frankfurt/Main (ots) - The Chair of KfW's Board of Supervisory Directors, Peter Altmaier, Federal Minister for Economic Affairs and Energy, and the Deputy Chair Olaf Scholz, Federal Minister of Finance, issued this statement following the meeting of KfW's Board of Supervisory Directors on 11 April 2018: The ...
Frankfurt/Main (ots) - - KfW Research confirms growth forecast of 2.4% for 2018 - Growth expected to slow to 2.1% in 2019 - Political risks to the euro area business cycle have waned, spotlight is now on financial markets With a growth rate of 2.3%, 2017 was the most successful year of the euro area in a decade. The upswing will continue at an unabated pace in 2018 as well. KfW Research confirms its 2.4% growth forecast for the current year. The current business cycle might ...
Frankfurt am Main (ots) - - KfW Research confirms growth forecast of 2.5% for this year, expects rate to drop to 1.9% next year - Consumption, investment and exports are drivers of growth - Tighter labour market and interest rate reversal will slow growth in 2019 In the final quarter of 2017 the German economy continued to grow at a fast pace despite an unusually high ...
Frankfurt am Main (ots) - - Financed enterprises benefit from energy cost savings worth EUR 131 million per year - Annual reduction of 413,000 tonnes of greenhouse gas emissions in Germany - Financed investments secure some 19,000 jobs for a year The energy transition in Germany cannot succeed without significant ...
Frankfurt am Main (ots) - KfW's programmes have a strong impact: - Germany's greenhouse gas emissions down by 9.5 million tonnes each year - EUR 550 million in fuel imports avoided each year - Around 89,000 jobs secured for a year KfW's various domestic programmes for the promotion of renewable energy make a ...
Frankfurt am Main (ots) - - Volume of business reaches EUR 76.5 billion (2016: EUR 81.0 billion) - Promotion of start-ups, innovation and energy efficiency grows significantly - Financial Cooperation with increasing commitment volume - Export and project finance in a highly competitive environment at EUR 13.8 billion (2016: EUR 16.1 billion) - Promotion of ...
Frankfurt am Main (ots) - - German Private Equity Barometer continued on a high level in the final quarter of 2017 - Early stage: fundraising climate surges to another record high - Later stage: dissatisfaction over entry prices remains The business climate in the German private equity market remained on a very high level in the final quarter. At 66.1 balance points, ...
Frankfurt am Main (ots) - - SME business sentiment at near record levels in January - Situation assessments reached new all-time high, expectations dimmed - Large enterprises are less confident German SMEs started the year 2018 with enthusiasm. The business climate of small and medium-sized enterprises rose 0.3 points to 30.9 balance points in January. That is very ...
Frankfurt am Main (ots) - - 236,000 enterprises are looking for a successor by the end of 2019 and another 275,000 by 2022 - A further 331,000 business owners plan to shut down within five years - Regional differences in succession planning across the country - Clarity on succession stimulates investment The generational change in German SMEs is accelerating fast. Some 40% of SME owners are currently over the age of 55. ...
Frankfurt am Main (ots) - As announced, the Supervisory Board has appointed Dr Günther Bräunig (62) as Chief Executive Officer of KfW. Dr Bräunig has been a member of the Executive Board of KfW since 2006 and Deputy CEO of KfW since September 2017. He will assume his role as Chief Executive Officer with effect from 1 January 2018. His contract remains unchanged until 30 June 2021. His curricula vitae and press photos ...
Frankfurt am Main (ots) - - Liquidity is key: KfW benchmark bonds enjoy huge success - Potential increase to outstanding euro benchmarks - Commitment to responsibility on the capital market comes to fruition - KfW plans to raise EUR 70 to 75 billion in capital markets in 2018 KfW has taken advantage of the excellent funding conditions that have presented themselves ...
Frankfurt am Main (ots) - The Chair of the KfW Board of Supervisory Directors, Germany's acting Federal Minister Peter Altmaier, and Deputy Chair Brigitte Zypries, acting Federal Minister of Economic Affairs and Energy, provide this statement following the meeting of the KfW Board of Supervisory Directors on 7 December 2017: Today, the Board of Supervisory Directors ...
Frankfurt am Main (ots) - - Solar energy partnership: First agreement for EUR 150 million with the State Bank of India (SBI) - Continued development of financing market for solar power plants - Improvement in power supply for the people of India On behalf of the Federal Ministry for Economic Cooperation and Development (BMZ), KfW has signed an agreement with the State ...